Whale Onboarding Incentive

Fund user: Kethic For project ticket: "whale-onboarding" For the amount of: 132 locked $KWENTA Grant Type: Development Payment Schedule: As Needed

Description:

The Whale Onboarding Incentive allows 5 participants, including 2 CCs and the current Grants Council members to manage direct marketing to large traders incentivized by locked $KWENTA tokens.

Traders are onboarded at the discretion of one of the 5 participants, and are offered 1 locked $KWENTA to participate. Upon completion of $10m in notional volume from the incentivized wallet, traders may receive an additional 2 locked $KWENTA. A Referral Bonus of 1 locked $KWENTA may be provided to a participant, the user who generated the lead at the direction of the participant, however Core Contributors are ineligible for this incentive.