Referral Incentives

• Leaderboard: For referrals, the total trading volume of all wallets that a user has referred, would be considered for leaderboard calculations For Example: If Charlie invited Bob and Alice, who had total trading volume of 50ETH and 100ETH respectively, then Charlie’s cumulative referral trading volume is 50+100 = 150 ETH

• Emission per epoch: 200K $VNFTP (may change in future)

• Reward Distribution: Each participant's share of the $VNFTP pool is determined pro-rata, based on their position on the epoch wise leaderboard. Rewards will be airdropped to wallets a few days after the end of the epoch. For Example: If Charlie’s referral trading volume contribution is 150 ETH and the total platform referral trading volume is 1000 ETH, then Charlie would receive 150/1000*50K = 7,500 $VNFTP at the end of the epoch.