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.
Rebates are calculated & distributed every quarter (Q1, Q2, Q3, Q4). Each quarter has its own leaderboard & reward pool.
Your rebate is based on platform activity including trades, transfers, lending, borrowing, & other DeFi interactions.
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 rebateActivity 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
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
- Quarter ends & rebates are calculated
- Rebates become claimable (typically 1-2 days after quarter end)
- Navigate to the Rebates page
- Review your rebate amount & breakdown
- Click "Claim Rebate" to initiate claim
- Approve & confirm the claim transaction
- 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
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: ${rebateInfo.vesting}`)
// Claim rebate (if claimable)
if (rebateInfo.claimable) {
const claimTx = await claimRebate(quarter, chainId)
await claimTx.wait()
console.log('Rebate claimed successfully!')
}Reward History
Track your rebate history across all quarters:
import { getRebateHistory, getQuarterlyRebate } from '@/lib/rebates-client'
// Get all rebate history
const history = await getRebateHistory(walletAddress)
history.forEach(rebate => {
console.log(`Q${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