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Xi Points

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Last updated 5 days ago

Users can earn Xi Points by transacting and doing specific actions in Xi.

The rewarded transactions are those that help grow the ecosystem, perfectly aligned with Xi’s growth objectives, while also fostering the creation of a loyal community. In short, Xi Points are distributed to users who actively trade on the platform, and are also used to reward our Partners in accordance with the .

Xi Points are redeemable for $XI tokens.

The conversion rate will be determined based on a designated airdrop pool (200M tokens). It’s similar to how projects like dYdX or Pi Network rewarded early users – Xi Points track one’s contributions and then convert to actual tokens once the token is live.

Some of the rewarded actions, but not limited to, are listed following.

Action
Xi Points

Daily claim

20

Follow the platform on social media (per platform)

40

Every $50 in personally generated fees

150

Every $100 in fees generated by referrals

200

Even after the initial conversion, Xi Points might remain as a general loyalty point for ongoing campaigns. They could continuously be issued for referrals and trading, then on a seasonal basis be converted or used in specific reward shops (leaderboard prizes, merch, etc.).

Let's see a potential illustration of it next.

Action
Unit Points
Quantity
Total Points

Daily login for 30 days

20

30

600

Followed 3 social media channels

40

3

120

Generated $500 in personal trading fees

150 (per $50)

10

1,500

Referred $1,000 in referral trading fees

200 (per $100)

10

2,000

Total

—

—

4,220

That totals 4,220 points.

Suppose 100M points were distributed in total among all users; this user has 0.00422 of the pool. If 50M $XI are allocated for point redemption, they’d get ~211,000 $XI. The exact numbers will vary, but it demonstrates how significant contributions can yield meaningful token ownership.

Partner Program