Ondo Perps Launches Ondo Points Program to Reward Users with Trading Positions

TechFlow News, July 23: According to official announcements, Ondo Perps has now launched a dual reward mechanism: on one hand, traders can share a portion of the USDC reward pool by inviting new users, and trading volume from their own trades also counts towards this reward pool; on the other hand, every trade will also simultaneously earn Ondo Points based on trading volume and Open Interest.

From now on, every trade or every invitation will receive dual rewards: accumulating both USDC reward shares and points simultaneously.

The first round of points distribution has been calculated based on trading activity since June 2 (i.e., the early stage of the platform launch), and traders who participated early will receive rewards first. Afterwards, the platform will distribute 5 million points weekly on a fixed basis, continuing long-term. Traders can directly view their points status in their accounts, position themselves early, and continuously compound rewards.