🎁Rewards

The Joule Core protocol utilizes a points system to incentivize user participation and engagement. Each supported asset is assigned a specific point value, and users earn points based on their engagement with the protocol. The points system is designed to drive user participation and activity within the Joule Core ecosystem by rewarding lending and borrowing actions with asset-specific points and multipliers.

The protocol allocates points to each supported asset. For example, 2 points per APT, 1 point per USDC/USDT and 500 points per ETH. Users earn points for lending and borrowing these assets, with the points calculation varying based on the type of activity:

• Lending: Users earn 1 point per day per asset unit lent. For instance, lending 1000 USDC tokens earns 1000 points per day.

• Borrowing: Users earn 4 points per day per asset unit borrowed. For example, borrowing 1000 USDC tokens earns 4000 points per day.

Furthermore, the protocol applies multipliers to user points once certain thresholds are reached, further incentivizing user engagement.

Referral Program Overview

Our referral program is designed to reward users for bringing new members to the Joule Finance community. By referring others, both you and your invitees can unlock exclusive benefits and points, making your experience even more rewarding.

1. Activate Your Referral System

To start earning rewards, activate the referral system within your account. This unlocks access to the full suite of referral benefits and sets you on the path to earning points and other rewards.

2. Refer Users and Earn Points

Invite new users to join Joule Finance using your referral link. For each successful referral, you’ll earn points based on the total points accumulated by the new member. The more they earn, the more rewards you'll collect, helping both you and the platform grow.

3. Exclusive Invitation Rewards

When new users join via your invite link, they’ll receive a 5% bonus of the total points earned by their invitees. This ensures both referrer and invitee benefit, making the referral program a mutually rewarding experience.