Points & Referral Program
How Milk points, stake points, referral points, and multipliers work.
Milk points
Milk points are Moocon's engagement layer. They track participation over time and reward active users separately from drawing tickets.
Points do not replace pToken tickets. Tickets determine drawing odds; points track protocol participation.
Stake Points
Stake points are earned by holding pTokens. The larger and longer your vault position, the more stake points you accumulate.
Your pToken balance still controls your drawing tickets. Stake points are an additional rewards layer.
Referral Points
Referral points are earned when users you referred are active in the protocol. When someone uses your referral code and deposits, their activity generates referral points for you.
Multipliers
Each user has a points multiplier. The default multiplier is 1x.
Multipliers can increase the points you earn and the ticket weight applied to your position, depending on the active protocol rules.
The app is the source of truth for your current points, multiplier, and referral state.
Referral Program
The referral program connects a new user wallet to one referrer wallet. Once set, that relationship is permanent for that wallet.
Creating Your Referral Code
Once you have a qualifying deposit, you can generate a unique referral code from the dashboard.
- Click Create Referral Code in the referral panel.
- Sign the message with your wallet.
- Your code is registered and ready to share.
You can share your code as a link or via the referral card in the app.
Using a Referral Code
New users can enter a referral code before or after depositing.
- Navigate to the referral panel.
- Enter the code and sign the verification message with your wallet.
- The link between your wallet and the referrer is recorded.
Rules
- Each wallet can only use one referral code (one-time action).
- You cannot use your own referral code.
- Using a code earns you no immediate bonus, but the referrer earns referral points from your activity.
- Referral points depend on referred user activity.
Common cases
I used the wrong code
Referral links are one-time and permanent per wallet. Use a different wallet only if you need a different referral relationship.
I shared my code but got no referral points
The referred wallet must use your code and generate qualifying activity. Points are not awarded simply for sharing a code.