Traders can earn both shares of a USDC reward pool and Ondo Points, with the first points round based on activity recorded since June 2.
Ondo Perps said traders can now receive two incentives at once: shares of a USDC reward pool and Ondo Points for trading and referring new users. The platform said the first points round was calculated from trading activity since June 2 and that 5 million Ondo Points will be distributed weekly on an ongoing basis. The program adds a familiar crypto exchange-style incentive structure that uses trading and referrals to drive platform activity.