Svmuu News: Ondo Perps has now launched a dual-reward mechanism. Traders can earn a corresponding share of the USDC reward pool by inviting new users; trading volume generated through their own trades also counts toward the reward pool. At the same time, each trade will earn Ondo Points based on trading volume and open interest. This means that, effective immediately, every trade or referral will simultaneously accrue a share of the USDC reward pool and Ondo Points.
The first round of points has been calculated based on users’ trading activity since June 2 (the platform’s launch date), and early participants will be the first to receive their point rewards. Moving forward, the platform will distribute 5 million Ondo Points weekly on a fixed schedule, continuing indefinitely. Traders can view their point balances directly in their accounts and continue to accumulate rewards through trading and referrals.