# Rewards & Rebates

Earn rewards while trading and bringing others to Loadout.

Loadout has two reward systems: Loot (instant SOL) and XP (seasonal points for airdrops).

### Terminology

| **Term**         | **Meaning**                                                                                  |
| ---------------- | -------------------------------------------------------------------------------------------- |
| Loot             | Instant SOL cashback from trading rebates and referral fees. Claimable on-chain at any time. |
| XP               | Seasonal points that determine your share of token airdrops. Resets each season.             |
| Referral Loot    | SOL earned from trades made by people using your referral link.                              |
| Trader Loot      | SOL rebate you receive on your own trades when using a referral link.                        |
| Volume Tier      | Lifetime trading volume-based multiplier (Bronze through Diamond).                           |
| Early Multiplier | Decaying XP multiplier locked at the time you join Loadout.                                  |
| KOL              | Verified influencer/partner with boosted referral rates and upfront XP grants.               |
| Season           | Time-bounded period for XP accumulation. Season 1 = 1 year, 25% of token supply.             |

### Loot (Instant SOL Rewards)

Loot is real SOL you earn and can claim at any time.

* **Referral Loot:** Earn SOL every time someone trades using your referral link
* **Trader Loot:** Get a rebate on fees when you trade using someone else’s referral link

**Fee Split on Every Trade**

* 40% → Referrer (you)
* 20% → Trader (rebate)
* 40% → Loadout Protocol

All Loot is on-chain and claimable anytime from your dashboard.

### XP (Experience Points)

XP is a seasonal points system that determines your share of token airdrops.

**How XP Works**

* You earn XP through your own trading volume and from your referrals
* Your XP is multiplied by:
  * Early Participation Multiplier — Locked when you join and slowly decays over time
  * Volume Tier Multiplier — Bronze to Diamond based on your lifetime trading volume

**XP Formula**\
\&#xNAN;*Total XP = (Trading XP + Referral XP) × Early Multiplier × Volume Tier*

* Season 1 allocates **25% of the total token supply**, distributed based on final XP.
* XP resets at the end of each season.

### Leaderboard

Compete on the global leaderboard to showcase your activity and climb the ranks.\
The leaderboard ranks users by total XP and updates daily. There are two tabs:

* **Global** — All users ranked by XP
* **KOL** — Verified influencers ranked separately

Top performers on the leaderboard receive extra visibility and recognition within the Loadout community.

### KOL Tier Benefits

Verified influencers and content creators receive boosted rewards:

| **KOL Tier** | **Followers** | **Upfront XP Grant** | **Referral Rate** | **Referee Bonus** |
| ------------ | ------------- | -------------------- | ----------------- | ----------------- |
| Rising       | 10K – 50K     | 50,000 XP            | 20%               | +10%              |
| Established  | 50K – 250K    | 150,000 XP           | 25%               | +15%              |
| Major        | 250K – 1M     | 400,000 XP           | 30%               | +20%              |
| Elite        | 1M+           | 1,000,000 XP         | 35%               | +25%              |

### How to Earn More

* Share your referral link actively
* Trade consistently to climb Volume Tiers
* Join early to lock in a higher Early Participation Multiplier
* Engage with projects and the community


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