Kana Labs Introduces Exclusive Referral & Rewards Program
Dear Kana Knights,
At Kana Labs, we are thrilled to announce a series of initiatives designed to reward and recognize the dedication of our early adopters and loyal users. Your unwavering support has been instrumental in our success as we continue to grow and expand our offerings. To show our appreciation, we are launching a robust referral and rewards system that ensures our community reaps the benefits of their loyalty.
Introducing the Kana Labs Referral Program
We are launching a referral program designed to empower our existing customers and Introducing Brokers (IBs)/Key Opinion Leaders (KOLs) to share the benefits of our platform with their networks while earning exclusive rewards.
How It Works:
- Earn Commissions: Receive 50% of platform fees from trades made by your referrals. The commissions are paid out in USDC tokens
- Boost Your Earnings: IBs/KOLs bringing in 10+ new users can qualify for enhanced commissions of 60% to 70% and offer their networks exclusive benefits like NFTs, gasless transactions, and more.
- Maximize Rewards: Earn multipliers on your referral points, ranging from 2x to 5x, by increasing the number of new users you bring to our platform. For more detailed information, please check out our official documentation page.
- A referral is considered valid only when the new user signs up using your referral link and completes a trade on any of our DeFi products.
How to generate referral IDs for normal users?
Please visit -> https://app.kanalabs.io/points and login using your wallet. Select the “Referral Dashboard” button to visit the referral ID page. You will now be redirected to the referral dashboard page where you can find your referral ID and also manage your invites and their activities.
For IBs & KOLS, we request you to reach out to your BD contact person Kana Labs or simply contact us at hello@kanalabs.io to generate your Referral ID after discussing commission percentages and additional benefits for your affiliates.
How to map your invites to your referral ID?
Step 1 — The invites should visit the link shared by the referrer and connect their wallet. This will map the invited users’ wallet to the referrer’s ID. Once this is done, please open any of the Kana Labs online DeFi trading products and get started on your trading activities.
Note — Please note that the referrer only earns commissions and points for trades placed by invites from the mapped Wallet IDs. In case the invite places a trade from a different crypto wallet you may lose out on earning the commissions for those traders.
Introducing the Kana Labs Rewards Program
We are introducing a new rewards program that begins on August 20th, 2024. This program allocates points based on your trading volume contribution on our platform. Three major DeFi products are now live on our web app platform, and one more product is set to debut soon.
How It Works:
The more active you are on our platform, the more points you earn. The points are awarded for every transaction you make on any product in our platform. Here’s how the points are allocated -
- Swap: 1 point per $1
- Tradebook: 0.5 points per $1
Boost your earnings — Like the referral program, the rewards program also includes a multiplier factor, allowing customers to earn between 1.1x to 5x reward points based on their trading volume. The higher your trading volume, the higher your multipliers.
Seasonal Reset — At the end of each season, your dashboard will reset your points & multipliers. The points accumulated will move to an NFT, while the multiplier resets but retains some portion to kickstart your next season’s earnings with a boost right from the start.
These points can be redeemed for “Kana Tokens” once they go live after the TGE. Additionally, points can be used to access exclusive NFTs, sponsored transactions, early access to new products, and entry into special campaigns and events.
Reward Program Season 1
For the first season of the reward points program (20.08.2024 to 20.09.2024), we are allocating 3.5 Million Kana Tokens for trading across our DeFi products and an additional 5000 APT tokens as a reward exclusively for trading on our order book platform “Kana Trade”. The Kana Tokens can be redeemed using your accumulated reward points at TGE while the APT tokens are rewarded to you shortly after the end of season 1.
For more information on the same please visit the link below ->
How do you track your points?
You can directly track the progress of your reward points from our points dashboard. It is a very simple and easy process to track your points. Please check out the link below for a detailed guide ->
Join Kana Labs Today
Kana Labs is committed to creating a secure, transparent, and profitable trading environment tailored to meet the challenges of today’s market. We invite you to take advantage of these new programs and continue to be a part of our journey. For any queries, feel free to reach out to us via our Discord and Telegram channels.
Thank you for your continued support, and here’s to a bright future together!
Team Kana Labs
