Reward Points & Early Access Rules

General description:

  1. Access on iLend dapp (https://ilend.xyz) is limited only by invite codes.

  2. Each new user gets 4 invite codes and can invite friends / followers to form a SQUAD.

POINTS / REWARDS:

  1. Points are based on the lifetime of the liquidity supplied or borrowed by user and calculated every second.

  2. Minimum supply amount is 1 INJ.

  3. For each INJ supplied – user receives: 1 point per day.

  4. For each INJ borrowed – user receives: 2 points per day.

  5. For other assets (ATOM, wETH, USDT etc) user receives points based on the INJ value supplied / borrowed.

  6. Points are adding every 10 minutes on the Rewards page.

Referrals & Booster:

  1. "Refer your Ninjas – Form your SQUAD!" Each user can form own Ninja Squad that consists of 2 levels:

    1. For the Level 1 user gets 20% of points acquired by referral.

    2. For the Level 2 user gets 10% of points acquired by referral.

  2. Ninja Squad Goals:

    1. For those who supplied 100 INJ and more: points are multiplying by 1.5X. User also receives 4 additional invite codes.

    2. For those who supplied 400 INJ and more: points are multiplying by 1.7X.

    3. For those who supplied 1000 INJ and more: points are multiplying by 2X.

    4. For the booster supplied amount counts by user and referrals together.

Timeline:

  1. Early Access campaign will last 1 month since start.

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