Buy a product with XGT & receive up to 100% cashback in XGT
Your XGT cashback rewards will be distributed over 12 months(small amounts arrive every minute)
Purchase any product with your XGT cashback rewards or hold onto it to activate a subscription coupon
Cashback reward levels
The only way to unlock cashback rewards is to increase the total value locked in either the XGT-BNB and XGT-xDAI pools. The more TVL, the more cashback there are available.
There are 5 levels of 100% cashback rewards:
$300k TVL unlocks $3000 worth of XGT
$500k TVL unlocks $10,000 worth of XGT
$750k TVL unlocks $25,000 worth of XGT
$1m TVL unlocks $50,000 worth of XGT
$1,5m TVL unlocks $100,000 worth of XGT
Once all 5 levels of 100% cashback rewards have been issued, the percentage of cashback rewards will fall into a bonding curve that will either increase or decrease the amount of cashback depending on the demand.
In simple terms, there is only a limited amount of 100% cashback rewards available. Once all 5 levels have been issued, then it will fall to example: 30-50% cashback for the next 5 levels and so forth.
100% cashback rewards won't last forever and that's why we have introduced a bonding curve to fluctuate the amount of cashback rewards issued over time.
Here's an example of what the next 5 levels of cashback could look like on a bonding curve:
$x TVL unlocks $x worth of XGT at 50% cashback
$x TVL unlocks $x worth of XGT at 45% cashback
$x TVL unlocks $x worth of XGT at 48% cashback
$x TVL unlocks $x worth of XGT at 43% cashback
$x TVL unlocks $x worth of XGT at 40% cashback
After this second set of cashback rewards have been issued, then another 5 levels of cashback rewards will be created. The more TVL, the more cashback rewards are unlocked.
Note: All cashback rewards are sent from the XGT rewards chest and the next 5 levels of cashback rewards will be defined near the end of the first 100% cashback levels.