Rivo Points
Rivo Points overview
We are thrilled to announce the launch of the Rivo Points Program, scheduled to commence Q2 2024, offering participants the opportunity to be part of an upcoming Rivo token airdrop scheduled for Q4 2024.
What is Rivo Points?
Rivo points are meant to reward users who contribute to the success of the protocol by performing key actions: investments, swaps and inviting other users. The points earned will allow you to participate in the upcoming Rivo token airdrop, the more points you accumulate the more tokens you will get.
Conditions
Token Allocation: 10% of the total Rivo token supply will be distributed among Rivo point program participants. The total number of tokens will be divided into two epochs, 2.5% in the first epoch and 7.5% in the second.
Infinite Points: No cap for the total number of points. Earn tokens without limits, the earned points will increase your share of the total allocated token pool.
Proportional Conversion: Points will be converted to Rivo tokens proportionally to user’s share from total points generated.
How to earn Rivo Points
Current options for earning points can be found on the Rivo points page, basically there are three main ways: regular tasks, bonus tasks and affiliate campaign.
Regular tasks
Regular tasks can be executed without bounds, they will not expire and will be valid for the entire programme.
Invest in any strategy on Rivo to get 1 point for every 1$ of investment. Points are credited every 24 hours.
Do a swap on Rivo to get 0.1 points for every $1 in the value of your swap.
Bonus tasks
Bonus tasks are completed once and may also have a time limit. After completing the task, you will be credited with the specified amount of points. The list of bonus tasks will be updated and extended, so keep an eye on the relevant tab not to miss out.
Affiliate campaign
To receive additional points invite users through your referral link, you will get an additional 8% of all points earned by them. Invited users must be new, the referral link will not work for users already registered in the Rivo points.
Points Boost
Boost your points by obtaining Rivo Founding member NFT. NFT owners receive 10% more points from all tasks both bonus and regular.
1st Epoch
The points programme will be divided into two epochs, dates and details of the second epoch will be announced later on.
First Epoch Timing: May - June 2024
Allocation: 2.5% from total supply = 750,000 RIVO tokens
Vesting: 100% on TGE
Early Points
The early stage of the Rivo points program will also see the launch of a temporary Early points campaign. Early Points are intended as a welcome reward for clients of partner projects.
Criteria: Users interacting with partners project’s smart contracts in the last 12 months will be eligible.
Tiers: Users will be categorized into three tiers based on wallet balance, on-chain activity, and other relevant factors.
Call-to-action: Unclaimed during 14 days since the launch of 1st Epoch points will be burnt.
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