How Do Users Earn Rebates?
JPG Store offers a rebate system that rewards users with a percentage of their transaction fees back in ADA. These rebates are earned by users who hold at least 2.2K $JPG tokens in their wallet.
Eligible Transactions for Rebates
Users can earn rebates on the following transactions:
Buying an NFT → Rebate is given to the buyer.
Accepting an Offer or Collection Offer → Rebate is given to the seller (who accepts the offer).
Repaying a Loan or Defaulting on a Loan → Rebate is given to the lender.
Accepting a Loan Request (Borrow Request Accepted) → Rebate is given to the borrower.
Note: If you do not hold at least 2.2K $JPG tokens, you will not be eligible for rebates.
How Are Rebates Distributed?
Once a user completes an eligible transaction, the rebate amount is automatically credited to their rebate balance. Users can view their earned rebates in the Claim Rebates Dashboard by following these steps:
Go to JPG Store and log into your account or connect your Cardano wallet.
Hover your mouse over Rewards in the top navigation bar.
Select Claim Rebates from the dropdown menu.
Rebates do not expire and can be accumulated over time. Users can choose to claim them at any time to minimize transaction fees.
For guidance on claiming rebates, see How to Claim Rebates on JPG Store.
Rebate Tiers Based on $JPG Holdings
The percentage of rebates earned depends on the number of $JPG tokens held. Check the latest fee reduction tiers in Understanding the JPG Token & Its Role in Rebates.
What’s Next?
Now that you understand how rebates are earned and distributed, check out these related guides:
