Rewards
Send rewards users for actively participating in and growing the ecosystem. The rewards system has evolved to encourage genuine usage of the platform rather than just holding tokens. Here's how it works:
Active Usage Rewards
You earn rewards for key actions like:
Setting up a Passkey
Creating Sendtags
Making regular transfers to different users
Maintaining daily activity on the platform
Referring new users to Send
The Send Slash: Encouraging Real Usage Send introduced the "Send Slash" mechanism to promote authentic platform usage. Here's what you need to know:
To earn full rewards, you're expected to send about one-third of your previous month's rewards
The system tracks your transfers to unique users
Larger and more frequent transfers to different users increase your reward potential
There are protections in place to prevent gaming the system (like sending back and forth with a single user)
Time-Based Distribution
Rewards accumulate gradually throughout the month
This provides a smoother, more predictable rewards experience
You can watch your rewards grow as you use the platform
Best Practices for Maximizing Rewards
Make regular, meaningful transfers to different users
Stay active on the platform daily
Engage with the ecosystem's features (Passkeys, Sendtags)
Help grow the network by referring new users
This rewards system is designed to benefit users who integrate Send into their regular financial activities, rather than those who simply hold tokens or try to game the system.
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