Rebates

Earn fee cashback quarterly

Earn fee cashback through Torque's quarterly rebate system based on your platform activity & staking tier. The more you use Torque, the more you earn back.

Overview

Torque's rebate system rewards active users with fee cashback distributed quarterly. Your rebate amount is determined by your activity score, transaction count, & staking tier.

Quarterly Rebates
Quarterly Rebates

Rebates are calculated & distributed every quarter (Q1, Q2, Q3, Q4). Each quarter has its own leaderboard & reward pool.

Activity-Based
Activity-Based

Your rebate is based on platform activity including trades, transfers, lending, borrowing, & other DeFi interactions.

Tier Multipliers
Tier Multipliers

Higher staking tiers receive larger rebate multipliers, increasing your cashback percentage.

How Rebates Work

Calculation Method

Your rebate is calculated using:

  • Activity Score: Weighted sum of all platform interactions
  • Transaction Count: Number of transactions in the quarter
  • Tier Multiplier: Bonus based on staking tier
  • Volume: Total transaction volume

Rebate Formula

Rebate = (Activity Score × Tier Multiplier × Volume Factor) × Cashback Rate

Where:
- Activity Score = Sum of weighted platform interactions
- Tier Multiplier = 1.0x (Bronze) to 2.5x (Diamond)
- Volume Factor = Logarithmic scaling based on volume
- Cashback Rate = Percentage of fees paid returned as rebate

Activity Types

Different activities contribute to your score:

  • Trade (weight: 1.0x)
  • Cross-chain transfers (weight: 1.2x)
  • Lending/Supply (weight: 0.8x)
  • Borrowing (weight: 1.0x)
  • Staking (weight: 1.5x)
  • Business transactions (weight: 1.3x)

Tier System

Rebate Tiers

Bronze1.0x multiplier
Silver1.3x multiplier
Gold1.6x multiplier
Platinum2.0x multiplier
Diamond2.5x multiplier

Your tier is determined by your staking amount. Higher tiers receive significantly larger rebates.

Leaderboard

The rebate leaderboard ranks users by their activity score for each quarter. Top performers receive additional bonuses:

  • Top 10: 50% bonus on rebate
  • Top 50: 25% bonus on rebate
  • Top 100: 10% bonus on rebate

Leaderboard rankings are updated in real-time & finalized at the end of each quarter.

Claiming Rebates

Claim Process

  1. Quarter ends & rebates are calculated
  2. Rebates become claimable (typically 1-2 days after quarter end)
  3. Navigate to the Rebates page
  4. Review your rebate amount & breakdown
  5. Click "Claim Rebate" to initiate claim
  6. Approve & confirm the claim transaction
  7. Receive ETH cashback in your wallet

Vesting Schedule

Some rebates may be subject to vesting:

  • Standard rebates: Immediate claim
  • Large rebates (> $10,000): 25% immediate, 75% vested over 3 months
  • Vested amounts unlock monthly
  • Vesting schedule shown in rebate details

API Example

claim-rebate.ts
import { claimRebate, getRebateInfo } from '@/lib/rebates-client'

// Get rebate information for current quarter
const rebateInfo = await getRebateInfo(walletAddress, quarter)
console.log(`Rebate Amount: ${rebateInfo.amount} ETH`)
console.log(`Claimable: ${rebateInfo.claimable}`)
console.log(`Vesting: ${rebateInfo.vesting}`)

// Claim rebate (if claimable)
if (rebateInfo.claimable) {
  const claimTx = await claimRebate(quarter, chainId)
  await claimTx.wait()
  console.log('Rebate claimed successfully!')
}

Reward History

Track your rebate history across all quarters:

rebate-history.ts
import { getRebateHistory, getQuarterlyRebate } from '@/lib/rebates-client'

// Get all rebate history
const history = await getRebateHistory(walletAddress)
history.forEach(rebate => {
  console.log(`Q${rebate.quarter} ${rebate.year}: ${rebate.amount} ETH`)
  console.log(`  Status: ${rebate.status}`)
  console.log(`  Rank: #${rebate.rank}`)
  console.log(`  Activity Score: ${rebate.activityScore}`)
})

// Get specific quarter rebate
const q1Rebate = await getQuarterlyRebate(walletAddress, 1, 2024)
console.log(`Q1 2024 Rebate: ${q1Rebate.amount} ETH`)

Best Practices

  • Maintain consistent platform activity throughout the quarter
  • Stake TORQ to increase your tier multiplier
  • Diversify your activities (trading, lending, transfers) for better scores
  • Monitor your leaderboard position regularly
  • Claim rebates promptly after they become available
  • Track your activity score to optimize your rebate potential
  • Consider timing large transactions to maximize quarterly impact

Troubleshooting

Rebate Not Showing

  • Rebates are calculated after quarter end (1-2 day delay)
  • Ensure you had qualifying activity during the quarter
  • Check that you're viewing the correct quarter
  • Verify your wallet address is correct

Cannot Claim

  • Rebates become claimable 1-2 days after quarter end
  • Ensure you have sufficient gas (ETH) for the claim transaction
  • Check that the rebate amount is greater than zero
  • Verify you're on the correct network

Activity Score Low

  • Increase platform activity (trades, transfers, DeFi interactions)
  • Stake TORQ to increase tier multiplier
  • Focus on higher-weighted activities (staking, cross-chain transfers)
  • Maintain consistent activity throughout the quarter
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