As a user experience-focused interoperability protocol, Owlto has rapidly attracted over 1.6 million users from more than 200 countries and regions in just one year. The platform is expanding at an impressive pace, with significant growth in trading volume, user base, partner ecosystem, and network integration.
This remarkable achievement is thanks to the unwavering trust and support of Owlto users. It is your active participation and valuable feedback that enable us to continuously improve and strengthen the Owlto community. Therefore, we believe that those who contribute to the development of Owlto should be recognized, along with the upcoming airdrop of Owlto.
In pursuit of the core mission of decentralization, Owlto is committed to empowering every Owlto user to actively participate and shape the future governance of the platform. As the Owlto ecosystem matures, we believe now is the best time to reward new users and launch an upgraded version of the Owlto points program.
As a project that has just received $8 million in strategic investment, Owlto is expected to create the first snapshot in the third quarter of 2024. The upgraded Owlto points program is the primary mechanism through which Owlto will transfer more power to the community. These points will serve as proof of value contributed by Owlto users, and a portion of tokens will be distributed as airdrops to eligible points holders.
Overview of Owlto Points Program Update
The Owlto points program is a major incentive program for loyal and contributing participants, including but not limited to partners, promoters, and users in the Owlto community. Whether you are a loyal cross-chain bridge user, an enthusiastic promoter sharing the Owlto vision, or an active participant in our missions, your loyalty and efforts will be duly rewarded.
Starting from June 1, 2024, the Owlto points program has undergone a comprehensive upgrade. Not only has the basic points for cross-chain bridges increased, but the system has also been more closely integrated with missions, expanding the channels for earning points.
This latest reform makes the points system fairer and more user-friendly. New participants now have ample opportunities to quickly accumulate points. At the same time, we provide generous incentives for active long-term users of Owlto to continue their deep engagement with Owlto. With Owlto being launched just a year ago, now is the best time to explore the evolving web3 world with Owlto!
Whether you are an experienced veteran or just starting your journey with Owlto, the updated Owlto points system provides compelling reasons for you to explore the continuously developing web3 world. Start now, it's not too late!
How to Earn Owlto Points?
I see the gears turning in your mind, wondering how to accumulate these points. Don't worry, I'm here to help you—there are four ways to earn Owlto reward points:
1. Cross-Chain Bridges
Users who complete cross-chain bridge transactions on Owlto, regardless of the amount of assets transferred, are eligible to receive corresponding reward points based on the basic points reward standard. Moreover, the points earned will increase proportionally based on the total bridge transactions completed on Owlto.
Basic Cross-Chain Bridge Rewards:
It is important to note that the basic bridge rewards are also an important part of this upgrade. From December 6, 2023, to May 31, 2024, the basic points earned for each bridge transaction, regardless of network or token, is 100.
Multiplier
The more transactions you complete, the higher the multiplier applied to your points earnings. For example, after completing 10 bridge transactions, the multiplier increases to 1.2x; after 50 transactions, it increases to 1.5x; and after 100 transactions, it reaches 2x. The detailed information for the multiplier is as follows:
Phase 2 (Starting from December 6, 2023)
Phase 1 (June 26, 2023, to December 6, 2023)
2. Missions
We encourage users to explore the exciting missions of Owlto, especially those presented on the front end (official website). During missions, you will not only receive bridge points but also have the opportunity to earn additional mission points. The more missions you complete, the more generous rewards await you.
Example of Mission Points Accumulation:
User bridges from zkSync Era to Ethereum.
a. Mission reward for 500 points for bridging to Ethereum from any network.
b. User completes over 100 bridge transactions on Owlto.
- Bridge points: 300
- Reward multiplier: 1.5
- Mission reward points: 500
Therefore, the total points earned by the user through Owlto will be "300*1.5 + 500 = 950".
See how many points you can earn in a single mission! Detailed plans and schedules for each mission can be found on our front end page: Owlto Finance
Why not give it a try now?
3. Referrals
After connecting your wallet to Owlto Finance, a specific referral link will be generated. A new user who has not previously completed a cross-chain bridge transaction on Owlto Finance, when entering Owlto Finance through your referral link and completing their first bridge transaction, will be bound to you as their referrer. Once your referee accumulates points on Owlto Finance, you will receive 10% of the points generated by your referee in the current Phase 2 referral plan. In Phase 1, this percentage is 30%.
Example:
A new user generates 1000 points through a bridge transaction on Owlto Finance using the referral link and is bound to the referrer.
Therefore, the referrer will receive Owlto points:
1000*10% = 100
To generate your referral link, please visit: Owlto Finance Rewards
Please note that through the referral program, you can not only earn Owlto points but also share the actual income generated by your referee with Owlto Finance. The commission rebate rate ranges from 1 to 1.5 times, depending on the number of transactions made by your referee.
So share that link, bring in new partners, and watch both of your rewards grow together!
4. Check-In
If a user completes a cross-chain bridge transaction on the same day, the check-in will earn 5 times the points, totaling 10 points.
We greatly value the feedback from our community, and in line with the principles of fairness, justice, and ecosystem balance, we will implement this adjustment starting from June 1, 2024. Your valuable opinions are crucial to us, and we will continue to improve our products based on your feedback.
More FAQs
Q1: How can I check my current points balance?
A1: After connecting your wallet to the front end, you can see your total points and transaction history in the navigation bar.
To view your Owlto points, please visit: Owlto Finance Rewards
Q2: How long does it take for points to be credited?
A2: Typically, points will be added to your address within a few minutes after your transaction is executed.
Q3: What should I do if I notice any anomalies with my points?
A3: If you notice any anomalies with your points, please feel free to contact us via Discord (https://discord.gg/owlto), and we will promptly address your concerns.
About Owlto Finance
Owlto Finance provides seamless cross-chain bridge services, allowing users to easily transfer assets between various blockchains. It is an intent-focused interoperability protocol, "connecting the world with AI agents." Owlto's bridging product has become one of the fastest-growing bridges in 2023, with over 1.6 million users in 200+ countries and regions. Additionally, it has been ranked as the top cross-chain interoperability protocol in the BTC ecosystem, with over 1.5 million transactions. Due to its "secure, fast, low-cost, and user-friendly" features, it has been highly recommended by over 92 well-known partners such as Arbitrum, Linea, Base, BEVM, BSquared, Binance Web3 Wallet, Trust Wallet, OKX Web3 Wallet, zkSync Era, Scroll, Starknet, Kroma, imToken, Bitget Wallet, Chainlink, iZUMi, and others.
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