Rewards Program
Points program is aimed at rewarding you our valuable customers for your contribution to our growth.
This program has been designed with our valued users in mind and a seamless way to earn exciting rewards by engaging with our platform. Whether you're making transactions, exploring new products, or participating in special event campaigns, you’ll accumulate points that can be redeemed for exclusive benefits such as Kana Tokens (post-TGE), exclusive NFTs, and early access to our upcoming products well ahead of the public beta tests. Join us in this rewarding journey and unlock a world of perks and incentives tailored just for you.
Earning Rewards
This reward program will start on August 20th, 2024, and is aimed at recognising and rewarding the contributions and loyalty our community has shown towards us and our growth. Kana Labs is set to conduct various seasonal campaigns in the coming days for which reward points & airdrops will be issued based on your contribution to the Kana Labs DeFi platform in each season and will be kept track of using your wallet address.
The value of your transactions in various Kana Labs DeFi products will determine the number of reward points you earn. You can verify how many points you have accumulated at any given point in time by connecting your wallet to our points dashboard. The longer you have been active and the more volume you have contributed, the higher your reward points will be. Different products have different reward point allocations, as explained below. At the end of each season’s campaigns, the points accumulated from the campaign will convert into NFT while the point for the next campaign starts from zero. But the NFTs in your wallet are proof of your points accumulation which can be used to redeem benefits.
Points and Multiplier Breakdown
A breakdown of how reward points are allocated for volume-based contributions and the multiplier for reward points earned is provided below:
Points Allocation per Trade Volume:
Trade $1 on Swap: 1 Point
Trade $1 on Tradebook: 0.5 Point
Points Multiplier Based on Accumulated Volume -
Accumulated Volume | Points Multiplier factor |
100,000 USD | 1.1x |
250,000 USD | 1.25x |
500,000 USD | 1.50x |
750,000 USD | 1.75x |
1 Million USD | 2.0x |
2.25 Million USD | 2.1X |
3.81 Million USD | 2.2X |
5.77 Million USD | 2.3X |
8.21 Million USD | 2.4X |
11.26 Million USD | 2.5X |
15.07 Million USD | 2.6X |
19.84 Million USD | 2.7X |
25.80 Million USD | 2.8X |
33.25 Million USD | 2.9X |
42.57 Million USD | 3X |
54.21 Million USD | 3.1X |
68.76 Million USD | 3.2X |
86.95 Million USD | 3.3X |
109.69 Million USD | 3.4X |
138.11 Million USD | 3.5X |
173.64 Million USD | 3.6X |
218.04 Million USD | 3.7X |
273.55 Million USD | 3.8X |
342.94 Million USD | 3.9X |
429.68 Million USD | 4X |
538.10 Million USD | 4.1X |
673.62 Million USD | 4.2X |
843.03 Million USD | 4.3X |
1.05 Billion USD | 5X |
Please note that your multiplier will reset at the end of each season but you will still retain a part of your multiplier factor enabling you to keep earning more points right from the start of next season. For those who reached x2, we give x1.2 for the next season, and for those with higher multiplier factors, the distribution will be as follows
Previous Season Multiplier | New Season Multiplier |
2.5X | 1.5x |
3.0X | 2.0X |
4.0X | 2.5X |
5.0X | 3.0X |
Maintaining Consistency
We recommend using the same wallet address for transactions instead of multiple wallets to ensure that you do not lose out on your reward points. If different wallets are used when making transactions, it would mean that your points are spread across multiple wallets resulting in you losing out on multiplier factors.
At any point in time, to check out how many points you have earned and what is your current multiplier factor for earning reward points, please connect your wallet to our points dashboard in the link below ->
Redeeming Rewards
Once Kana Tokens go live after the TGE (Token Generation Event) users with reward points can redeem them for Kana Tokens at fixed intervals. The total supply of Kana Tokens is set at 300 million. For more details on tokenomics, please visit ->
Happy Trading!!!!
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