How to find an Epoch Invite Code
You must find an existing Epoch Invite Code. The Epoch Elders were the first to receive codes and have shared theirs on twitter:
- Search Twitter for “@EpochIsland EIC”
How to get your own Epoch Invite Code to share
After you have found an existing EIC, go to the Epoch Island dapp’s “Island” navigation’s “Invite” link:
Input the existing EIC where prompted.
A new permanent EIC will be generated just for you that will be directly linked with your wallet address you are logged in with.
How to become eligible for bonus EPOCH tokens
As a user that locks tokens in the ITO, you will be eligible for bonus EPOCH tokens if you provided someone else’s EIC before locking tokens.
As a user that shared your EIC code, you will be eligible for bonus EPOCH tokens if someone else uses your code before locking tokens.
You are not required to participate in the ITO in order to receive bonus EPOCH tokens from users you refer that used your EIC.
Bonus EPOCH tokens will only be awarded for locked positions that upon expiry had not returned their EPOCH tokens, and that provided an EIC in one of the 4 scenarios listed above.
Bonus EPOCH tokens calculations
The bonus amount of tokens will be based on the total EPOCH tokens received from an ITO position. The user that provided the EIC will receive 5% of that amount. The referrer who owns that EIC will receive 5% of that amount.
Example scenario:
- Alice has EIC: AAAAAA
- Bob locks 100 USDC for 500 EPOCH tokens in the ITO and provides “AAAAAA” as the EIC when creating the lock.
- Bob does not return his EPOCH tokens before expiry.
- 5% of 500 EPOCH tokens = 25 EPOCH.
- Alice will receive a bonus of 25 EPOCH to their EIC’s wallet address.
- Bob will receive a bonus of 25 EPOCH to the address used to lock tokens.
When all calculations have been completed, Moai Labs will make a proposal to the Epoch Island DAO to mint and distribute the bonus token rewards to all eligible addresses.