Incentive Emissions

Traders and Referrers get a Rebate/Discount based on their Tier.

Referral rewards apply automatically for trading fees incurred by the following actions:

• Executing a Swap

• Opening or increasing the size of a Leverage Trade position

• Closing or decreasing the size of a Leverage Trade position

• Having your Leverage Trade position liquidated

• Borrowing fee paid when increasing or decreasing a position

Based on your Referral Tier, these points are redeemable for preLVL every week. All preLVL rewards gained through this program have a 7-day vesting period on the chain of your preference.