Our flagship feature,&nbsp;the referral program, and address milestones rewards&nbsp;are one of the first features that will be launched on our platform. We are going to be the first DeFi platform in the crypto industry that introduces such functionalities and opportunities to users. The address milestones and referral program will be the first functionality of our platform that will be launched. Staking will launch approx. 3 weeks later of the launch of the program.

The whole address milestone and referral system rewards program has the purpose&nbsp;to reward users for their commitment and active engagement with the platform&nbsp;and in the ecosystem.&nbsp;Users reach the&nbsp;first milestone, the&nbsp;bronze level&nbsp;if they succeed in the necessary prerequisites, such as a trading volume worth $5000, cumulative lending profits of $500, one engagement in a farming pool, or ten active referral links.

By completing a prerequisite for the milestone, a reward is paid out. For example, a $5000 trading volume rewards the user with 5 $ACTA.

In total there are five address milestones that can be reached.

1. Bronze2. Silver3. Gold&nbsp;4. Platinum&nbsp;5. Diamond

ActaFi Address Milestones and the rewards

Activating the referral link does not work with tiers, but will immediately&nbsp;reward 5 ACTA to the new user, which motivates the referral program and activates the 10% kickback.&nbsp;To progress through these levels, users have to complete all necessary steps before stepping up.

A DeFi platform is strengthened by its liquidity and active user base. By rewarding users for referring new users to the ActaFi platform, our user base will continue to grow organically over time and get more stable the bigger it gets.

This will bolster the ActaFi ecosystem. The direct benefits are going to the referrer as you invite users and others to join your referral network as new users of the platform. As the users of your network increase activity on the platform by reaching address milestones, you, as&nbsp;the referrer, earn a commission on their milestone rewards.

Preview of the ActaFi Ecosystem Address Milestones page, connected on testnet.

To start your own referral network&nbsp;you’ll need to&nbsp;deposit 50 ACTA&nbsp;into a smart contract, locking these tokens for 6 months. This will generate a&nbsp;unique referral link, which can be&nbsp;shared wherever you like. The more active users in your 3-level network, the more passive earning you can get as commission from their activity. Acquiring users can build a vibrant and lucrative network within the platform, which magnifies your passive income as their network grows.

💛Scenario: Referral and Milestone Program in Action

To illustrate how the referral and address milestones program can help you earn increased passive income through commissions, let’s step through a simple example to illustrate how it really works.

The referral tree is to be read as follows: I am the Tier 1 affiliate of Jim and Tom. The Tier 2 affiliate of Ben, Angela, Karen, and Pam. The Tier 3 affiliate of Josh, Jen, and Andy.

Let’s say I choose to participate in the program and submit 50 ACTA to receive his referral link. Then I share the link with my friends on my social media accounts.

In my post, I mention that I’m earning “crazy amounts of passive income on Acta Finance!!!” and invite others to do the same by clicking my referral link. My friend Tom sees my post and calls me to learn more. I educate Tom all about how Acta Finance is creating passive income opportunities for me. Tom decides he wants to get in, so he joins the ActaFi platform using my referral link. Now, Tom is part of my personal network on the platform and can create his own network to start making a passive income, based on the activity of his network. Pam becomes part of Tom’s network and Andy becomes part of Pam’s network.

The milestones-based reward and commissions system maximally propagates three levels up, so whenever Andy gets his referral link and builds his own network, the rewards earned by those below him won’t reach me anymore. Furthermore, his network might be so active and engaged that he might start to make more passive income than me. This keeps the tier structure balanced and always inviting for newcomers and maintains the incentive high for those already in the game to keep adding more and more direct chains.&nbsp;Think of it as a Bonsai tree:&nbsp;you’ll keep shaping the tree for as long as you want and your decisions define how profitable your little tree will be.&nbsp;However, when one stops nourishing and watering the tree then it will become wilted.

As Andy uses the ActaFi platform for&nbsp;token swapping, staking, trading and farming, he eventually reaches the milestone of $1 million in trading volume. As he reaches that address milestone, the platform rewards him for his activity with 500 ACTA. Pam — who referred Andy — receives a&nbsp;10% commission&nbsp;or 50 ACTA. Likewise, Tom receives a 5% commission (25 ACTA), and I earn a&nbsp;3% commission&nbsp;of 15 ACTA.

📍Important: To receive referral commissions on address milestones, above bronze level milestones, users need to have unlocked the address milestone themselves to be eligible to receive the referral commission. When one hasn’t reached the address milestone yet, the commission will be allocated to one’s address for 90 days. If one did not reach the address milestone by that time, that referral commission will be revoked.

Now that we have seen how the distribution of address milestone rewards is structured, let’s look at the final step. Andy, who hit the milestones, activates his referral link by depositing 50 ACTA in the referral smart contract. By doing so, Andy activates the 10% referral kickback, meaning every address milestone he reaches, the rewards are distributed to the (up to) 3 level network that he belongs to, but he receives a 10% kickback on those commissions.

Example of 3 Tier level affiliates distribution and kickback to the user that succeeded in the Address Milestone

By activating the referral link, any user will receive a one-time-only reward of 5 ACTA. Giving the referral commissions to the network he belongs to and already benefiting from the 10% kickback!

This flexible structure creates a&nbsp;sustainable incentive system&nbsp;where most of the fee structure is used to reward the users.&nbsp;As the ecosystem grows more services will be added and therefore more options of passive income sources are made available.&nbsp;Acta Finance is positioned for long-term sustainability and growth, and our referral program is just one feature that makes us the most innovative DeFi platform in the industry.

We invite you to think about the earning potential of what the referral and milestone programs could bring you as an ActaFi user and to the platform. Acta is a platform that fully capitalizes on the&nbsp;network effect. —&nbsp;The more people are part of the network, the better it is for everybody.&nbsp;Just imagine — thousands of ActaFi users incentivized to bring new users into the platform week after week, month after month! Imagine your potential commissions as you develop your own network!

Next week, we look forward to sharing a close-up of the current in-development staking and DAO features of the ActaFi ecosystem, showing how you can maximize your passive income as an ActaFi platform user.

Acta Finance is a cross-chain DeFi platform governed by smart contracts that innovates the Avalanche and Cardano ecosystem with the ActaFi Swap and a referral system. Acta Finance introduces a Referral Program, Address Milestone Rewards, and a DAO Program to maximize platform growth and user activity-based rewards. By offering derivatives in a decentralized way, through ActaFi Swap, Acta Finance aims to counter the manipulated liquidation events on centralized entities by using a decentralized price feed and a cross-chain liquidity aggregation.

Our flagship feature, the referral program and address milestones rewards, is one of the first features that will be launched on our platform. We are going to be the first DeFi platform in the crypto industry that introduces such functionalities and opportunities to users.

💰Address milestones and referral program Summary💰

Ways to make profit are rapidly evolving in the cryptocurrency industry. For some, it is the tested method of buying and hodling an asset long-term. For others, it is short-term trading that capitalizes on price fluctuations. If someone possesses substantial holdings, another way to earn a profit is staking and contributing to the stability of a network.&nbsp;The mission of Acta Finance is to offer multiple ways of earning profit&nbsp;so that our users can decide for themselves which way suits best for each individual situation and market condition.

Acta Finance has big plans for 2022. The next step on our roadmap is the official launch, the Token Generation Event or TGE. Simultaneously to our TGE we will be launching a&nbsp;DeFi&nbsp;industry-first concept&nbsp;of wrapped NFTs&nbsp;with a built-in staking functionality that the early adopters of ACTA will have a chance to acquire. These wNFT serve as TGE incentives or collateral and will be only available at the time of the TGE.

Preview of the Limited wNFT Staking on Testnet — Token Generation Event Offering

Wrapped NFTs give users the opportunity to engage with the platform as early as possible with full flexibility. Acta Finance provides the owner full control over their assets.

When a user buys ACTA wNFTs, the deposit and reward immediately get allocated in a time-locked staking contract and wrapped in an NFT, hence wNFT. The wNFT can be sold at any time and the wallet address that holds the wNFT when the timer hits 0, will be able to unwrap the initial stake deposit and rewards directly to his wallet address.

This means that the liquid ACTA (deposit) is made illiquid by locking them into a staking contract. However, the locked stake (and rewards) is made liquid through the wNFT. Owners can sell their wNFT, which holds the assets and staking rewards, at any time. Then,&nbsp;if the wNFT gets sold, the new owner can unwrap the NFT into his wallet after the initially committed locking period is over and take full custody.

Acta Finance is a cross-chain DeFi platform governed by smart contracts that innovates the Avalanche and Cardano ecosystem with the ActaFi Swap and a referral system. Acta Finance introduces a Referral Program, Address Milestone Rewards, and a DAO Program to maximize platform growth and user activity-based rewards. By offering derivatives in a decentralized way, through ActaFi Swap, Acta Finance aims to counter the manipulated liquidation events on centralized entities by using a decentralized price feed.

Ways to make profit are rapidly evolving in the cryptocurrency industry. For some, it is the tested method of buying and hodling an asset long-term. For others, it is short-term trading that capitalizes on price fluctuations. If someone possesses substantial holdings, another way to earn a profit is staking and contributing to the stability of a network. The mission of Acta Finance is to offer multiple ways of earning profit so that our users can decide for themselves which way suits best for each individual situation and market condition.

🪙Introducing the ACTA wrapped NFTs🪙

Dear Community, Last week, we offered you a deep dive into the first functionality that we will be releasing at our launch, the Address Milestones and Referral System. This week, we are diving into the realm of liquidity provisions and farming pool contracts, which will be the following functionality of our platform. Release is set three weeks after our launch.&nbsp;

In this article, we will elaborate on the ecosystem's liquidity provisions and farming contracts. We’re excited to explain in further detail how these features work and how together, create a revolutionary DeFi ecosystem.

🟡Liquidity in the Acta Finance Ecosystem

Liquidity is the lifeblood of any financial market. Without liquidity, traders and investors would be unable to buy or sell their assets quickly, which would cause prices to spike and hinder growth as a result of a lack of supply and demand.

As a user of the Acta Finance ecosystem, you can generate passive revenue by providing liquidity to our decentralized exchange, ActaFi Swap. This is called liquidity mining, or yield farming.

🟡ActaFi Swap Liquidity Provider

When someone swaps a token using ActaFi Swap, they are charged a 0.3% swap fee. The swap fee is allocated to the liquidity pool’s liquidity providers, based on their share of the liquidity pool. A liquidity pool contains two assets and provides liquidity to a liquidity pool, the user deposits an equal valuation of both assets.

For example, if you provided 10% of the liquidity pool, then you receive 10% of the swap fees of that liquidity pair. This is a win-win situation. The token swapper wins because he can swap quickly and efficiently because of your liquidity. In return, you win because you receive a portion of the swap fee. The more swaps that occur on ActaFi Swap that utilize the liquidity pool you contributed to, and the more liquidity you provide, the higher your returns.

🟡Farming Smart Contracts (Liquidity points/LP Staking)

For each trading pair on ActaFi Swap (e.g. USDT/ACTA), Acta Finance establishes a liquidity pool. To incentivize liquidity providers to perform yield farming, the ActaFi ecosystem will set up Farming smart contracts.

A farming smart contract has a monthly, fixed, reward for a dedicated liquidity pool. Therefore, liquidity farmers can see farming smart contracts as a bonus. Not only does the liquidity provider receive his share of the trading fees, but also his share of the monthly (fixed) rewards as long as he stakes his Liquidity Points.

🟡How To Enter Farming Smart Contracts

When you provide liquidity to a liquidity pool, you receive Liquidity Points (LPs). You can deposit your Liquidity Points to the farming smart contract to not only receive your share of the liquidity pair trading fees, but also receive a share of the fixed rewards allocated to that liquidity pool, hence the farming smart contract.&nbsp;

🟡Referral Program and Address Milestones

The Referral Program and Address Milestones are a centerpiece within the ActaFi Ecosystem. Our Acta Finance DeFi blog series started with a write-up about this topic last week. As with every passive earning opportunity within the ActaFi Ecosystem, there is an address milestone and a commission that goes to the referrer aka affiliate within three milestone levels. The commissions to referrers on address milestones are:

With farming, there is no difference. Users that engage with a minimum of 5000$ in farming smart contracts (quarterly) complete address milestones. Each time you reach an address milestone, it provides a 1-time bonus. The bonus is progressive (growing) as you work yourself to the top level.

If you were referred, your referrer receives a commission when you reach your milestones and if you have your Referral Program activated yourself, you receive a 10% kickback of that commission!

🟡Vote For Farming Smart Contracts

The ActaFi DAO Program allows the Ministers and Ambassadors to vote quarterly on liquidity pools on the ActaFi Swap. To become a DAO title holder, users need to stake the minimum needed amount of tokens for 6 months in order to claim their DAO title. 100,000 ACTA is needed for an Ambassador title, while 50,000 ACTA are needed to be staked for the Minister title.

The DAO Program gives voting rights, such as smart contract audits, farming smart contracts, and projects on the ActaFi Launchpad to the DAO title holders, as well as passive earning opportunities through the redistribution of the platform fees!

🟡ActaFi Launchpad — Liquidity Guaranteed

Newly listed projects, on a swap protocol, often depend on the community providing the liquidity, without any incentive. Therefore, many liquidity pools on swap protocols contain a very low amount of liquidity and can be a trap for the people that provide liquidity with the impermanent loss.

Projects that launch through the ActaFi Launchpad have 20% of the raised funds locked in a liquidity pool for 12 months. Additionally, the project will be required to provide farming smart contract rewards, to incentivize the community to provide liquidity to the token’s liquidity pools.

Stay tuned for next week’s DeFi deep-dive when we elaborate more on peer-to-peer lending and our coming product.&nbsp;

Acta Finance is a cross-chain DeFi platform governed by smart contracts that innovates the Avalanche and Cardano ecosystem with the ActaFi Swap and a referral system. Acta Finance introduces a Referral Program, Address Milestone Rewards, and a DAO Program to maximize platform growth and user activity based rewards. By offering derivatives in a decentralized way, through ActaFi Swap,&nbsp; Acta Finance aims to counter the manipulated liquidation events on centralized entities by using a decentralized price feed and a cross-chain liquidity aggregation.

Follow our Social Media Channels to stay up to date.🚀

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Dear Community, Last week, we offered you a deep dive into the first functionality that we will be releasing at our launch, the Address Milestones and Referral System. This week, we are diving into the realm of liquidity provisions and farming pool contracts, which will be the following functionality of our platform. Release is set three weeks after our launch. 

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