Dividends
Welcome to the ELFi Dividends! By connecting your wallet and inviting friends, you can earn dividend and receive a share of ELFi’s daily platform revenue. See below for full details:
Product Overview
The ELFi Dividends is designed to encourage users to invite friends, boost platform activity, and increase asset retention. By simply connecting your wallet and inviting active users, you become eligible to share in ELFi’s daily platform revenue and earn USDC rewards.
How to Earn Dividends
- Connect Wallet to Receive Initial Dividends
- Upon your first wallet connection, ELFi will automatically assign dividends based on your wallet’s asset holdings and activity level.
- Wallet Tiers: Your wallet will be assigned a tier based on wallet address scoring model. The higher the tier, the more initial dividends you’ll receive.
- What Are Dividends? These determine your eligibility to earn daily rewards. The more dividends you have, the more rewards you can get.
- Reward Source: All rewards come from ELFi’s daily trading fee revenue and are shared with users who hold valid dividens.
- Invite Friends to Earn Referral Dividends
- For each active new user you invite, you’ll receive 10% of their initial dividends as a one-time referral reward.
- Referral dividends are fully eligible for daily reward distribution.
How Dividends Generate Daily Rewards
- Daily Reward Calculation:
Your daily rewards = (Your valid dividends ÷ Total valid dividends across the platform) × (Daily platform revenue × Dividend rate)
- Payout Timing:
Dividends are calculated daily and become claimable the next day (T+1). Rewards are distributed in USDC.
- How to Claim:
Go to the “ELFi Dividends” page and click the Claim button. Your USDC reward will be sent directly to your portfolio.
- Dividends Validity:
Each dividend grant remains valid for 7 days. During the validity period, your dividends are eligible for daily rewards.