How do I join Olive’s Refer & Earn program?
Generate your custom referral code. Share your referral code with your friends or audience via any social media channel. You are now all set to earn real cash as referral rewards.
What are the qualification criteria for different tiers in the referral program?
Tier 1: Anyone can create this custom code
Tier 2: Referred active TVL above $3 million
Tier 3: Referred active TVL above $6 million
Will my rewards be paid in USDC or OLIVE tokens?
Unless otherwise mentioned, referrers and referees will get paid in USDC. Tier 3 referrers earn an additional 0.5% of the TVL referred in OLIVE, while all referees earn OLIVE tokens as part of Olive’s Liquidity Mining Program. These OLIVE rewards are over and above USDC rewards. The price of OLIVE will be based on the last funding round or seven-day TWAP when trading.
How do I claim my referral rewards? When can I withdraw and transfer my earned rewards?
The rewards will be claimable every Monday after 1 PM UTC.
When can I claim my OLIVE rewards?
Pre-mined OLIVE Tokens are getting accumulated against your wallet address right now. You will be able to claim them after the TGE.
Are there any limits to how many referrals I can make?
You can make as many referrals as you want.
How long is the refer & earn program valid?
We don’t intend to end the program anytime soon. However, Olive’s team will be monitoring the efficacy of the program and, if required, reserves the right to amend any of the program details to optimise the protocol’s growth.