Purrps Points (season 1)
Purrps Points is designed to align incentives of Purrps traders, referrers and $DEDCAT stakers.
During season 1, fees are being redirected to reward early participants.
As the campaign progresses, Purrps transitions to its core model: 100% of fees distributed to $DEDCAT stakers in $HYPE.
Points are earned by trading on Purrps, with multipliers applied for being early, referring others and for staking $DEDCAT.
Early Adopter Multiplier
The earlier you begin trading on Purrps, the more points you're able to earn. This multiplier decays weekly and does not return.
Week 1
3x
Week 2
2.5x
Week 3
2x
Week 4
1.5x
Week 5+
1x
$DEDCAT Staking Multiplier
Stake $DEDCAT for a permanent points boost for the duration of the campaign.
No stake
1x
300,000
1.25x
1,000,000
1.5x
3,000,000
1.75x
10,000,000
2x
Buy $DEDCAT: buy.ded.cat
Stake $DEDCAT: bounce.ded.cat/vault
Referrals
Refer other traders to Purrps using your referral code and earn Points when they trade.
Referrers earn 10% of their referred traders' volume as points.
Referred traders earn a 1.1x multiplier on their own volume.
Slashing
We are focused on rewarding users who genuinely provide value to Purrps. Any users trying to abuse the system could have their points slashed.
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