Most DeFi points programs are an IOU: trade now, hope the token later. Epsilon's rewards start from a different premise — points are backed by fees that were actually paid, and the things you earn with them (fee discounts, invite capacity, a share of your referees' fees) are paid out in USDG, weekly, on-chain. Here is how the pieces fit.

Points come from fees

Every fill on Epsilon pays a small fee. A portion of those fees funds the rewards pool, and points are earned in proportion to the fee volume you generate — so a bigger trade earns more than a smaller one, and a trade that pays no fee earns nothing. There is no emission schedule to game and no multiplier for wash-trading your own liquidity: if the fee wasn't paid, the points don't exist.

Streaks add a modest multiplier on top. Trade on consecutive days and your points-per-fee rate steps up; miss a day and it resets (a limited number of streak freezes soften the occasional day off). The streak rewards showing up, not size.

Ranks carry privileges

Lifetime points move you up a ladder — Neophyte, Initiate, Delta, Sigma, Omega, Epsilon — and each rank carries concrete privileges rather than a badge: a fee discount on every trade, a number of invites you can mint, and from the upper ranks a share of the fees your referees pay. The ladder is gated by a short set of onboarding quests (place each order type once), so a rank reflects someone who has actually used the product.

Higher ranks also have to be maintained: Sigma and above need a certain amount of trading or referral activity over a rolling 30-day window, or the rank's privileges step down until activity resumes. The tier you achieved is permanent; the rank you hold is earned every month. Current thresholds and privileges are always visible on the Levels page in the app.

Referrals pay in USDG

Share an invite code and anyone who joins through it gets a fee discount as a referee. Once they are active, you earn a percentage of the fees they pay — not points, a share of the fee itself, settled weekly and claimable in USDG from your dashboard. The percentage scales with your rank, and there is a second-level share for the people your referees bring in. Upper ranks can also mint a broadcast code: a permanent, unlimited-use vanity code for a community or an audience.

Profiles, leaderboards, squads, seasons

Every account gets a public profile with its rank, streak and (if you opt in) its stats. Leaderboards rank the week and all-time; squads let a group pool their activity under one banner and compete together; and seasons wrap it all into a cadence with its own prizes. Privacy is a setting, not an afterthought — you can appear anonymized on every board while still earning everything.

Why this design

Fee-backed rewards keep the incentive aligned with the product: the only way to earn is to trade real size at real prices, and the only thing we pay out is money the platform actually made. It is less exciting than a pre-token points frenzy, and it will still be here after one.

Open your dashboard to see your rank and invites, or read the full mechanics in the docs.