Maximizing Rewards on Term: A Complete Guide

The Term platform offers users an opportunity to earn rewards through a robust points-based system. By engaging in various actions on the platform, users can accumulate Term Points, which can later be redeemed or utilized within the Term ecosystem. In this guide, we’ll break down the key features of the Term rewards system and provide actionable steps to help you maximize your points.

Understanding Term Points

Term Points serve as the foundation of the rewards system. They are earned through specific actions, such as participating in auctions, lending, inviting others, and completing special tasks.

Breakdown of Earnings

Auctions: Earn points by participating in auctions, either by supplying or borrowing assets.
Lending: Generate points by lending assets on Term.
Invite: Gain additional points by inviting new users to join the platform.
Other: Points accrued through unique activities, promotions, or bonus programs.

In the image above, the user has accumulated 40,000 points, with the bulk coming from the "Other" category. This demonstrates the potential to earn substantial rewards by taking advantage of multiple opportunities on Term.

How to Earn More Points

Participate in Auctions

Offer to Supply: By supplying liquidity, you contribute to the Term ecosystem while earning points.
Bid to Borrow: Earn rewards by participating as a borrower in auctions.

Lend on Term

Providing liquidity to the Term platform is another straightforward way to generate points. Lending activities not only contribute to your rewards but also support the broader platform ecosystem.

Unlock Migration Bonus

Link wallets and transfer activity from other platforms to unlock migration bonuses. This is a great way to boost your initial points tally.

Details of Reward Activities

1. Retweet Launch Announcement

Earn 17,500 points simply by promoting Term on social media. This activity is perfect for users looking to support the platform’s growth while gaining quick points.

2. Invite Users

Inviting friends to Term is a lucrative way to earn additional points. For every new user you invite, you receive a percentage bonus of the total points earned. Use these invite links to start inviting:

Invite Code 1 activation code: UBKWZ
Invite Code 2 activation code: AD3XQ
Invite Code 3 activation code: COTSQ
Invite Code 4 activation code: 71WBP
Invite Code 5 activation code: BO3BN

3. Earn Multipliers for Consistent Participation

By consistently participating in auctions over multiple weeks, you can achieve up to a 2x multiplier on your points. This rewards long-term commitment to the platform.

4. Participate in 3 Unique Markets

Diversity is rewarded on Term. By engaging in three different markets, you can unlock up to 360,000 points. This is one of the highest-earning opportunities available.

5. Link Other Active Wallets

Connect additional wallets to unlock more points. This not only increases your reward potential but also consolidates your activity within the platform for seamless tracking.

The Role of Notifications and Tracking

Term ensures users stay informed through:

SMS, email, and push notifications: Receive real-time updates about your transactions, points earnings, and opportunities.
Tracking System: Monitor your progress and performance in earning points directly from the dashboard.

Leveraging AI for Customer Support

Term integrates an AI-powered chatbot for 24/7 assistance. Whether you have questions about your rewards, technical issues, or account-related inquiries, the chatbot provides instant support. For more complex matters, the system escalates queries to live agents.

Pro Tips for Maximizing Rewards

Be Consistent: Regular participation in auctions and lending ensures you benefit from multipliers.
Utilize Social Media: Leverage the retweet opportunity to boost your points effortlessly.
Invite Strategically: Focus on inviting active users who will engage with the platform.
Diversify Activities: Engage in all available earning opportunities to maximize your total points.
Stay Updated: Keep an eye on Term’s announcements for new earning opportunities and bonus programs.

Conclusion

The Term rewards system is designed to incentivize active participation and long-term commitment to the platform. By taking advantage of the diverse earning opportunities and following the strategies outlined above, you can maximize your Term Points and fully benefit from the platform’s ecosystem. Start earning today and unlock the full potential of your Term experience!