Changes to MappedSwap rebate system — We are giving out more MSTs
From Q2, 2022, MappedSwap’s rebates system is updated to give users more MSTs instead of the previous system where M tokens and MSTs were distributed.
Users now can earn up to 80% of MSTs* compared to the earlier version where the maximum earned is 40%, this is double of what was planned to be distributed. The criteria of receiving MSTs remain unchanged, EITHER by trading a weekly volume OR staked MST meets the indicated amount.
The level 9 criteria of staked MSTs continues to remain at 500 reduced from 2,000 after our first campaign in April 2022, this is to provide new users a lower barrier of entry in earning MSTs at 15%.
The rebate chart can be found below:
*To earn rebates, the percentage indicated is calculated from the transaction fees incurred by referred users. Rebates are not earned from basic staking OR trading. The current transaction fees is 0.3%.
