How To Earn

Stake To Earn

Staked NOX receives three types of rewards:

Escrowed NOX Multiplier Points SYS Rewards

For more info on Escrowed NOX and Multiplier Points, please see the rewards page.

20% of fees generated from swaps and leverage trading are converted to SYS and distributed to staked NOX tokens.

Note that the fees distributed are based on the number after deducting referral rewards and the network costs of keepers, keeper costs are usually around 1% of the total fees.

Trade to Earn

In accordance with trading volume, 10% total supply NOX will be awarded as esNOX for traders (the rate depends on which asset users trade on), more trading volume users trade, and more rewards users obtain within the rewards campaign.

Open Positions to Earn

NeonNexus will allocate a portion of esREX tokens to open positions. Users will receive esREX rewards for the period that their leveraged positions are active. That's right. You will earn $$ by just keeping your positions opened.

Referrals Programa

Get fee discounts and earn rebates through the NeonNexus referral program.

How it works

To create a referral code:

Go to the Referrals page Click on the Affiliates tab Create a referral code using any combination of letters, numbers, and underscores

Once you've created your code, click on the copy icon next to the code to get your referral link, it should look something like this: https://app.neonnexus.io/#/?ref=<your code>.

You can share this link on any platform, e.g. Twitter, or Telegram. When a user clicks on your link, your referral code would be stored with the user's account. When the user makes a trade they would receive a discount and you would earn rebates from their trading fees. You will continue to earn rebates even if the user uses another device later on as the referral code is stored on the contract the first time the user makes a trade.

The discounts and rebates will be distributed as SYS, your rebates history will be viewable on the Referrals page.

Tiers

The referral program has a tier system to prevent gaming through self-referrals, this helps to ensure that referrers receive the rebates for the users they brought onto the platform.

Tier 1: 5% discount for traders, 5% rebates to referrer Tier 2: 10% discount for traders, 10% rebates to referrer Tier 3: 10% discount for traders, 15% rebates to referrers paid in SYS, 5% rebates to referrers paid in esREX

Anyone can create a Tier 1 code. To upgrade your code to Tier 2 or Tier 3:

Tier 2: At least 15 active users using your referral codes per week and a combined weekly volume above $5 millionTier 3: At least 30 active users using your referral codes per week and a combined weekly volume above $25 million

Rebates and discounts apply on the opening and closing fees for leverage trading.

The opening and closing fees are 0.1% on NeonNexus, there is no price impact for trades and zero spread for tokens like BTC and ETH, rebates are calculated before user discounts so referrers earn on the full maker fees and from what would otherwise be spread on other exchanges. As a result, referrers would earn equivalent amounts of rebates per volume on NeonNexus when compared to other referral programs. Wallet providers and other protocols will be eligible for Tier 2 and Tier 3 rewards as well.