Hinkal Lords Program and Rewards
Hinkal's success is based on a strong and active community, which is why Hinkal rewards participants with Points that will later convert into incredible rewards. In addition, Rebates and Discounts are added for all Liquidity Providers, Stakers, and Traders. On this page, you'll learn how to best collect those points and rebates, and you'll gain more in-depth knowledge about each option within the program's Tiers. By participating in the Hinkal Lords program, you gain access to the conversation chat on our Discord, allowing you to meet your fellow Lords.
The Hinkal Lord 👑 Role on Discord and Special Chatroom
Reaching 50k Points: The Hinkal Lord 👑 Role
Achieving 50k points grants you the prestigious Hinkal Lord 👑 role on Discord, unlocking access to an exclusive chatroom where you can connect with other high-achieving participants. You can find this campaign on our Galxe: Join Hinkal on Galxe
Please remember that you must certify your transactions to be eligible for rewards, as we cannot grant Points to accounts that don't certify due to the privacy features of our protocol.
Certification: Why and How
Why Certify? Certification is crucial because it ensures privacy while verifying your eligibility for Affiliate (Referral) and LP rewards. Certification keeps your data secure, making the process both private and trustworthy.
How to Certify? Certification of transactions occurs weekly. To be eligible for rewards, all participants must certify their transactions. This is especially important for referral points, as both you and your referee need to certify your transactions. Clear communication is key when using your referral link.
Ways to Earn Points:
Locking in TVL: Participating in the LP program.
Referring Users: Engaging in the Affiliate program allows you to earn 10% from all invitees who certify their transactions, with a cap of 20,000 points per week.
Tasks on Zealy, Galxe, and TaskOn: Most tasks are on Galxe, with a recurring task on Zealy worth 1,000 points.
Daily Swap Bonus: Earn 10 points for the first swap of the day on Hinkal.
Transaction Points: Earn 1 Hinkal Point for every $1 swapped.
Leaderboard Points Boosts:
Top 100 earners receive Hinkal Points boosts:
Top 10: x2 boost for this week’s points.
Positions 11-50: x1.6 boost for this week’s points.
Positions 51-100: x1.2 boost for this week’s points.
Points Raffle:
Every week, five lucky winners are chosen:
1 Winner: Receives 20k Hinkal Points.
4 Winners: Each receives 10k Hinkal Points.
Participation Rules:
Certify transactions and earn at least 1 Hinkal Point during the week to get 1 ticket.
Have at least 1 transaction to get an additional ticket.
Keep over $100 inside Hinkal to get another additional ticket.
Maximize Your Chances: You can have up to 3 tickets in total, enhancing your chances of winning the raffle.
Weekly Determination: Winners are chosen weekly! To be eligible and maximize your chances, maintain at least $100 in Hinkal, perform at least one transaction a week, and certify your transactions.
Other Necessary Steps to Become a Hinkal Lord:
Discord Level: Achieve at least level 5 on Discord. Prove your commitment to the community by being an active member. (Achieving level 5 is easy with our typical MEE6 integration.)
Engage actively in the Hinkal community, certify your transactions, and consistently participate in the program to ascend to the prestigious rank of Hinkal Lord 👑!
What's More?
There are two tiered programs:
The Affiliate Program (with 5 tiers up to Elite)
The LP Program (with 6 tiers up to Diamond)
The Tiers are: Bronze, Silver, Gold, Platinum, Diamond, and Elite. You can have e.g. a Bronze-level Affiliate Tier and a Platinum-level LP Tier.
The Affiliate Program
Bronze: Everyone starts at bronze level and receives 15% Affiliate Rebates.
Silver: Requires at least $10k in trading volume from invitees in a given week, providing 20% Affiliate Rebates.
Gold: Requires at least $50k in trading volume from invitees in a given week and 100 cumulative transactions from invitees, providing 25% Affiliate Rebates.
Platinum: Requires at least $200k in trading volume from invitees in a given week, 500 cumulative transactions from invitees, and 100 transactions last month from invitees, providing 30% Affiliate Rebates.
Diamond: Requires at least $500k in trading volume from invitees in a given week, 1000 cumulative transactions, 200 transactions last month from invitees, and $25k locked deposit, providing 35% Affiliate Rebates.
Elite: Requires at least $1m in trading volume from invitees in a given week, 2000 cumulative transactions, 500 transactions last month from invitees, and $100k locked deposit, providing 40% Affiliate Rebates.
Affiliate Rebates: A percentage of the fees paid by invitees while trading, returned to the affiliate.
Invitee Rebates (Saved Fees): Users applying a referral code receive a 10% discount on Hinkal fees, returned as Invitee Rebates.
For more information, visit: Referral Program | Hinkal
The LP Program
Bronze: Requires $10k locked in deposit for at least 1 week and a minimum of 0.1% of TVL (if TVL is at least $10m), providing 5% Rebates Share Reward and a 10% Fee Discount.
Silver: Requires $50k locked in deposit for at least 2 weeks and a minimum of 0.5% of TVL (if TVL is at least $10m), providing 10% Rebates Share Reward and a 15% Fee Discount.
Gold: Requires $100k locked in deposit for at least 1 month and a minimum of 1% of TVL (if TVL is at least $10m), providing 20% Rebates Share Reward and a 20% Fee Discount.
Platinum: Requires $250k locked in deposit for at least 3 months and a minimum of 2.5% of TVL (if TVL is at least $10m), providing 25% Rebates Share Reward and a 30% Fee Discount.
Diamond: Requires $500k locked in deposit for at least 6 months and a minimum of 5% of TVL (if TVL is at least $10m), providing 40% Rebates Share Reward and a 40% Fee Discount.
Rebates Share Rewards: As an LP, you receive a share of the fees paid by all Hinkal users. These are paid to you as rebates. A percentage of the fees generated from all users (after discounts) is set aside for each LP Tier and evenly split among users who achieved that Tier or above.
For example:
If you achieved Bronze Tier, you share 5% of all Hinkal fees generated, split among all users who achieved Bronze Tier or above.
If you achieved Silver Tier, you get a share of the 5% from Bronze Tier and a share of the 10% from Silver Tier.
Fee Discount (as rebates): Discounts on Hinkal fees, based on the LP tier achieved, are returned as rebates.
For more information, visit: LP Program | Hinkal
This means that 100% of fees generated in year 1 will be redistributed to LPs! And 50% of year 2 fees and 20% of year 3 fees!
Read further to get details on how to earn points, LP rebates, and affiliate rewards.
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