Rewards & Referral Conditions
The reward program is temporary and may close as apys continues to grow. It has three components, and all of them stack.
Program overview
$100 Activation Reward
- Any user who holds at least $100 in apys for 21 consecutive days earns $10 USDC.
- If they drop below $100, their streak ends and restarts only when their balance qualifies for the reward again.
- This applies to both referred and non-referred users.
Referral Bonus
- Any user who deposits at least $100 unlocks a referral link.
- If a referred user holds at least $100 for 21 consecutive days, the referred user earns an additional $20 USDC.
- The referrer earns $10 USDC per successful referral.
- Each user can earn referrer rewards for up to 3 successful referrals.
$500 Early Depositor Bonus
- Any user who holds at least $500 in apys for 21 consecutive days earns $50 USDC.
- This is a separate, higher-value early-user reward.
- It stacks with the $100 Activation Reward and the Referral Bonus.
Rewards are paid in USDC directly to the connected wallet's address after you complete the requirements and pass manual review.
Reward summary
Base rewards
| User action | Reward |
|---|---|
| Hold $100+ for 21 days | $10 USDC |
| Hold $500+ for 21 days | $50 USDC |
Referral rewards
| User action | Reward |
|---|---|
| Referred user holds $100+ for 21 days | Referred user gets an extra $20 USDC |
| Referrer has a successful referred user | Referrer gets $10 USDC |
| Max rewarded referrals per referrer | 3 |
Maximum reward examples
Non-referred user who holds $100
- Activation Reward$10
Referred user who holds $100
- Activation Reward$10
- Referred User Bonus$20
Holds $100 and refers 3 friends
- Activation Reward$10
- Referrer Bonus$30
Holds $500 and refers 3 friends
- Activation Reward$10
- Early Depositor Bonus$50
- Referrer Bonus$30
Referred user who holds $500 and refers 3 friends
- Activation Reward$10
- Referred User Bonus$20
- Early Depositor Bonus$50
- Referrer Bonus$30
Track 1: $100 Activation Reward
Any user who deposits and maintains a minimum balance of $100 for 21 consecutive days earns $10 USDC.
Eligibility
- You have at least $100 deposited in apys.
- Your balance stays at or above $100 for the full 21-day period.
- You pass manual anti-farming and abuse review before payout.
Who it applies to
- Users who arrive directly.
- Users who are referred by someone else.
- Existing users, starting from the program launch date.
- Users who later also qualify for the $500 Early Depositor Bonus.
Streak reset rules
- If your balance falls below $100 at any point during the 21-day window, you lose eligibility for the $10 Activation Reward.
- If you later restore your balance to $100+, the 21-day streak restarts.
- Final payout eligibility is determined at the end of the 21-day period, plus manual review.
Track 2: Referral Bonus
Any user who deposits at least $100 unlocks a referral link. When someone signs up through that link and holds at least $100 for 21 consecutive days, the referred user earns an extra $20 USDC and the referrer earns $10 USDC. The referred user also earns the base $10 Activation Reward, so a referred user can earn $30 USDC total for holding $100+ for 21 days.
Referral unlock rule
You unlock referrals immediately after depositing at least $100. You do not need to wait 21 days before inviting friends.
Referred user: qualifying for the $20 bonus
- They were attributed to a valid referral link.
- They deposit at least $100.
- They maintain a minimum balance of $100 for 21 consecutive days.
- They pass manual anti-farming and abuse review.
Referrer: qualifying for the $10 bonus
- The referred user qualifies by holding $100+ for 21 days.
- The referrer has not exceeded the 3 rewarded referral limit.
- The referrer's own balance has not fallen below $100 between the referred user's deposit and payout.
- The referrer passes manual anti-farming and abuse review.
Maximum referrals
Each user can earn referrer rewards for up to 3 successful referrals. Maximum referrer earnings: 3 referrals x $10 = $30 USDC.
Referrer balance rule
If a referrer withdraws below $100, they forfeit their own referrer rewards.
- This does not affect referred users.
- Referred users can still earn their $10 Activation Reward and $20 Referred User Bonus if they meet the requirements.
- The referrer simply loses the right to earn the $10 Referrer Bonus for those referrals.
Track 3: $500 Early Depositor Bonus
Users who deposit and maintain a minimum balance of $500 for 21 consecutive days earn $50 USDC.
Eligibility
- You have at least $500 deposited in apys.
- Your balance stays at or above $500 for the full 21-day period.
- You pass manual anti-farming and abuse review before payout.
Stacking with the $100 Activation Reward
The $500 Early Depositor Bonus stacks with the $100 Activation Reward. A user who holds $500+ for 21 days earns $10 plus $50, or $60 USDC total. If that user was referred, they may also earn the extra $20 Referred User Bonus. If that user refers others, they may also earn up to $30 in Referrer Bonuses.
Existing users
- Existing users with balances are eligible, but their 21-day streak starts from the program launch date.
- No retroactive rewards.
- If an existing user already has $500+ deposited at launch, their 21-day eligibility window starts on launch day.
Streak reset rules
- If your balance falls below $500 at any point during the 21-day window, you lose eligibility for the $50 Early Depositor Bonus.
- If your balance stays above $100 but below $500, you may still qualify for the $10 Activation Reward.
- If spots and budget remain, you can become eligible for the $500 bonus again by restoring your balance to $500+ and starting a new 21-day streak.
- Final payout eligibility is determined at the end of the 21-day period, plus manual review.
Reward distribution
Payout method
Rewards are manually airdropped in USDC to the user's connected wallet. There is no claim flow in V1.
Anti-farming and abuse prevention
Manual review
Before payouts, the team manually reviews eligible wallets. apys reserves the right to withhold rewards from wallets or accounts suspected of abuse, Sybil activity, farming, manipulation, or behavior that violates the spirit of the program.
Self-referrals, and referrals between wallets controlled by the same person, are not eligible for rewards.
Reward examples
Example 1: User only qualifies for the $100 Activation Reward
- Alice deposits $100.
- Alice holds $100+ for 21 days.
- Alice passes manual review.
Alice receives $10 USDC.
Example 2: Referred user qualifies
- Ben invites Cara.
- Cara clicks Ben's referral link.
- Cara deposits $100 and holds $100+ for 21 days.
- Cara passes manual review.
Cara receives $10 Activation Reward + $20 Referred User Bonus.
Ben receives $10 USDC if he is still eligible and passes manual review.
Cara total: $30
Example 3: Referrer withdraws below $100
- Ben invites Cara.
- Cara deposits $100 and holds for 21 days.
- Ben withdraws below $100 before payout.
Cara still receives $10 Activation Reward + $20 Referred User Bonus.
Ben forfeits the $10 Referrer Bonus.
Cara total: $30
Example 4: User qualifies for the $500 Early Depositor Bonus
- Dana deposits $500.
- Dana holds $500+ for 21 days.
- Dana passes manual review.
Dana receives $10 Activation Reward + $50 Early Depositor Bonus.
Dana total: $60
Example 5: User qualifies for the $500 bonus and max referrals
- Eli deposits $500 and holds for 21 days.
- Eli refers 3 users, each of whom deposits $100 and holds for 21 days.
- Eli keeps at least $100 deposited.
- Everyone passes manual review.
Eli receives $10 Activation Reward + $50 Early Depositor Bonus + $30 Referrer Bonuses.
Eli total: $90
Example 6: Referred user qualifies for everything
- Farah joins through a referral link.
- Farah deposits $500 and holds for 21 days.
- Farah refers 3 other users who each qualify.
- Farah passes manual review.
Farah receives $10 Activation Reward + $20 Referred User Bonus + $50 Early Depositor Bonus + $30 Referrer Bonuses.
Farah total: $110