What is the Abra Loyalty Program?

A user’s loyalty tier will be determined by the 30-day rolling average amount of CPRX held in their Abra wallet.

As of January 16th, 2022, reward rates will be determined by each user’s loyalty tier. For full details please refer to the Abra Perx white paper. Download here.

Loyalty tiers will follow the below structure.

How are tiers calculated?

• Your tier is determined by the avg. amount of CPRX held (available CPRX balance) over the past 30 days.
  Pending CPRX won't impact the 30 day avg. available balance.
  
  Example:
  
• On April 6th, you receive 10 CRPX rewards as cashback for your trades.
• On April 10th, you receive 100 CRPX more rewards as bonus yield on your Abra Earn account.
• On April 15th, you receive 30 CRPX more rewards as cashback for your trades.
• On April 20th, you buy 80 CPRX.
• You then hold all received CPRX.
  
  
  

  Your CPRX rewards history will show the above rewards in the 'Completed section'.
  
  
  

  Using the example above, let’s look at how your loyalty tier will be determined:

  • As of April 18, you will have IGNITE Tier since you hold 10 CRPX for 12 days, 100 CRPX for 8 days and 30 CRPX for 3 days over the past 30 days. Your 30-day average balance will be :
  • 10*12/30 + 100*8/30 + 30*3/30=33.67 CRPX.
  • As of May 10, you will have IGNITE Tier since you hold 10 CRPX for 30 days, 100 CRPX for 30 days, 30 CRPX for 25 days and 80 CPRX for 20 days over the past 30 days. Your 30-day average balance will be:
  • 10*30/30 + 100*30/30 + 30*25/30 + 80*20/30=188.33 CRPX.
  • As of June 1, you will have the LAUNCH Tier since you hold 10 CRPX for 30 days, 100 CRPX for 30 days, 30 CRPX for 30 days and 80 CPRX for 30 days over the past 30 days. Your 30-day average balance will be:
  • 10*30/30 + 100*30/30 + 30*30/30 + 80*30/30=220.00 CRPX.

  
  
  

How can I qualify for a higher loyalty tier with Abra Perx?
Users qualify for higher loyalty tiers when they hold CPRX with Abra. To get more CPRX, a user may buy CPRX through Abra app, or earn CPRX through the Abra Perx program.
Learn more about earning CPRX here.