# 42 Points & Referral Program

42 actively tracks protocol-wide activity and awards points directly based on all meaningful contributions across the ecosystem.

Points are distributed across **all 42 markets** and reward both:

* All market-related activities (Mint, Redeem & Claim)
* Successful referrals (coming soon)

## How It Works

Points are earned across two distinct phases of a market’s lifecycle.

#### Pre-Resolution Phase (Market Discovery)

While a market is live and tradeable, points are awarded for **all trading activity** calculated based off notional volume of the underlying collateral.

| Action Type / Measurable                         | Reward (per USDT)                                                                        |
| ------------------------------------------------ | ---------------------------------------------------------------------------------------- |
| **Mint** (Notional collateral amount deposited)  | <p><strong>10 points</strong><br><br><em>\*Eg. 100 USDT mint = 1,000 points</em></p>     |
| **Redeem** (Notional collateral amount received) | <p><strong>10 points</strong><br><br><em>\*Eg. 100 USDT redeemed = 1,000 points</em></p> |

#### Post-Resolution (Market Conclusion)

Upon finalisation of the market, points are awarded to users who **held OTs through resolution**.

| Type of OT     | Measurable            | Reward (per USDT) |
| -------------- | --------------------- | ----------------- |
| **Winning OT** | Notional claim amount | **10 points**     |
| **Losing OT**  | Initial cost basis    | **30 points**     |

## Referrals

#### Rewards Structure

| Role         | Reward                                              | Description                                                     |
| ------------ | --------------------------------------------------- | --------------------------------------------------------------- |
| **Referrer** | 5% (Regular) / 7.5% (Affiliate) of points generated | Earn a percentage of total points accumulated by referred users |
| **Referee**  | +1% bonus points                                    | Automatically applied on top of all points earned               |
| **All**      | Additional exclusive boost                          | *\*More details to be announced along the way*                  |

{% hint style="info" %}
Exclusive boosts will only apply during **specific campaigns**. Eligibility criteria, duration, and mechanics will be outlined in the respective campaign announcement.
{% endhint %}

#### **Referral Code Requirements**

* Referral codes **must be entered at the point of account creation** (via Privy wallet connection).
* Codes **cannot be applied retroactively** after the account has been created.
* Only successfully bound accounts are eligible for referral rewards.

{% hint style="info" %}
**Example:** User A receives referral code `ABC001` , and shares to User B. User B enters A’s code during account creation and begins trading, generating **10,000 points** from trading activity.

**How It Settles:**

* User B (referee) receives **+1% bonus** → 10,100 total points.
* User A (referrer) receives:
  * **505 points** (5%) under Regular tier
  * **757.5 points** (7.5%) under Affiliate tier (if applicable)
    {% endhint %}