Weekly token distribution

SIMP rewards are distributed weekly to users. The rewards are distributed based on three criteria: the trade volume a user makes, the trade volume a user's referral link users make and the social media interactions on X.

1,282,050 SIMP tokens are distributed weekly based on the following criteria:

Trading volume - 50%

641,025 SIMP tokens will be distributed weekly to users based on the volume of trades they make and the volume of the trades of their trophy. The more trades you make, the more rewards you earn.

Referral volume - 50%

641,025 SIMP tokens will be distributed weekly to users based on the volume of trades their referral link users make. The more trades your referral link users make, the more rewards you earn.

How to claim rewards

The rewards will be automatically distributed to your Privy wallet in the Simps app every Monday.

How to check rewards

You can check your weekly rewards, and the amount you've earned, by visiting the Simps app and navigating to the portfolio page. The app will break down the exact rewards you've earned in each category for that week.

How to withdraw rewards

The rewards are already in your Privy wallet in the Simps app. From there you can withdraw them to any Ethereum wallet or spend them on the platform.