🗃️Reward Scheme
At Portal Finance, we are passionate about rewarding our users for their engagement and contributions to our platform. With the launch of our innovative points system, users can earn KEY through activities such as deposits, borrowing, and more. This is not just a standardized incentive program; it’s an opportunity to immerse yourself in the SOON ecosystem and connect with various ecosystem partners. Our reward scheme is thoughtfully designed to reflect your participation, ensuring that every effort you make is recognized and celebrated.
What is KEY
In the Portal Finance ecosystem, KEY serves as a vital metric for measuring your activity and contributions. You earn keys through your borrowing and depositing actions, and the total number of keys you accumulate directly influences your final portal rewards. The more keys you earn, the greater your potential rewards become, enhancing your overall experience on our platform.
We envision SOON as the premier SVM, fostering a cohesive community that connects diverse ecosystems. Together, we aim to create an engaging environment that encourages users to dive deeper into the possibilities that await them.Stay tuned for exciting updates as we continue to build a vibrant community around shared rewards and collaborative opportunities!
Key Supply and Distribution
The supply of Keys is limited and distributed according to the following rules:
First two weeks
Point gained from transaction: 20,000 keys/day
Point gained from referral: 2,000 keys/day
Starting from the third week
The supply of keys decreases over time
Earlier you join, more reward you’ll earn!
Daily Distribution Method
Keys will be distributed daily at RANDOM SNAPSHOT TIME, and the number of keys each user receives will be calculated based on their deposit and borrowing points.
Daily points earned by users
Example: Alice deposits $1000 ETH and borrows $500 SOL, assume boost = 0, the point Alice earns:
= 1000 + (500 × 2) × 1 = 2000 PTS
Bob deposits $750 ETH and borrows $750 SOL, assume boost = 0, the point Bob earns:
= 750 + (750 × 2) × 1 = 2250 PTS
Daily keys earned by users
Badge System
The Badge System is designed to amplifies the number of Keys you can earn based on your badge level and NFT holdings. The higher your badge level or the rarer your NFTs, the greater your boost — allowing you to earn even more Keys through your participation.
Boost Categories
1. NFT Holders: Additional boosts based on NFT you hold
Soon NFT (COMMIing SOON)
NFT holders or stakers are eligible for an additional 30% boost.
Portal Pass NFT
Portal Pass NFT holders enjoy an extra 50% boost within the Portal Finance points system. Refer details to here.
2. Badges
Bronze Badge
+5% per task
Encourages new users to participate in basic activities, such as following social media accounts and joining promotional events.
Silver Badge
+10% per task
Encourages more active users to make their first deposit or loan.
Gold Badge
+15% per task
Highly engaged users who refer others to the platform will earn this badge.
Diamond Badge
+20% per task
Top users who maintain long-term participation and make significant contributions to the platform can earn this elite badge.
Referral Program
The referral program rewards both the inviter and the invitee. When a new user successfully joins through the referral link, the inviter will earn a portion of the keys based on the invitee’s activity. In the meantime, the inviter can earn up to 20% extra bonus incentives according to how many real users they invited to the platform.
Only real user invitations will be counted; the invitee is defined as a “real user” once they reach a certain level of interaction.
Here is the detailed rewarding mechanism of referral program:
Invitee
Enjoy a 50% boost for the first 3 days
Inviter
i. Earn 10% of the total keys owned by the invitee.
ii. Receive additional incentives based on the number of invites:
Bonus Percentage = min(5%, 0.005 × Real User Invited)
Number of invites：1～10｜Bonus Percentage: 0%～ 5%
Number of invites：10～80｜Bonus Percentage: 5%～ 20%
Example
Assuming the total incentive allocation is 5%, and this portion of the incentive is determined by the number of keys.
1% of tokens (20% of the 5%) are reserved as extra rewards for inviters, based on the number of successful invites, with a linear increase, capped at 20%.
For instance, if a user receives 10 Portal incentive and their bonus percentage reaches 20%, the total incentive they will receive is: 10 × 1.2 = 12
Access to Portal Reward Scheme NOW!
🔗https://portal-finance.io/reward
Don’t forget the magic word: Access SOON through Portal
Last updated