Gems Epoch 7: Ranked Rewards, Real Incentives. 968,305 $VELVET
A new era for Gems. More precision. More reward for power users.
Epoch 6 Recap (December 10 to January 10)
Epoch 6 closed out the year with 977,256 $VELVET distributed to users who stayed active across Velvet through trading, staking, referrals, portfolio creation, and daily Gem claims.
Before Epoch 6 came to an end, we announced a change to how Gems rewards would be distributed. The goal was clear. As Velvet grows, rewards must increasingly reflect who is driving the most value to the ecosystem.
Announcing Epoch 7 (January 10 to February 10)
Epoch 7 is now live, running from January 10 through February 10, with 968,305 $VELVET in rewards to be distributed at the end of the epoch.
As previously communicated before the end of Epoch 6, Epoch 7 rewards are distributed using a ranked based Gems system. This is not a one off experiment. This is the new standard moving forward.
How Ranked Gems Rewards Work
Instead of rewards being spread evenly across all participants, $VELVET is now distributed based on your Gems rank relative to other users.
Top Rank Allocations
Rank 1: 5%
Rank 2: 4.5%
Rank 3: 4%
Rank 4: 3.5%
Rank 5: 3%
Rank 6: 2.5%
Rank 7: 2%
Rank 8: 1.75%
Rank 9: 1.5%
Rank 10: 1.25%
Mid Tier Ranks
Ranks 11 to 50: Sliding scale from 1.24% to 0.355%
Ranks 51 to 425: Sliding scale from 0.35% to 0.002%
Long Tail
Rank 426 and above still receive a small share of the remaining rewards, ensuring all active users continue to benefit.
Why We Moved to Ranked Rewards
The top 425 Gems miners receive 82% of the total reward pool
This is a significantly larger share than prior epochs
Rewards now directly reflect real value creation across Velvet
This structure ensures that users who actively trade, stake, bring volume, and consistently engage with Velvet are rewarded in proportion to their contribution.
Key Mechanics Updates in Epoch 7
Consistency Streaks Are Now Persistent
Streaks do not reset at epoch boundaries
You can stack your streak up to a 150% bonus and keep it indefinitely
The only way to lose your streak is to miss a daily claim
Consistency is now a long term advantage, not something you rebuild every month.
Trading Volume Multiplier Is Now 30 Day Rolling
Trading bonuses are calculated using 30 day rolling trading volume, not epoch only volume
This allows you to earn trading boosts regardless of when trades occur within the epoch
This system is aligned with upcoming Cashback multipliers to create a unified rewards layer
Trade when it makes sense. Your volume still compounds.
What Happens to Unallocated Rewards
Any $VELVET not allocated to users under the ranked distribution model is distributed to Founders Club NFT holders.
This ensures excess emissions remain within the Velvet ecosystem and long term supporters remain aligned with protocol growth.
How to Compete in Epoch 7
Your Gems rank is shaped by everything you do on Velvet.
Trade on Velvet to build rolling volume
Stake $VELVET into veVELVET to amplify mining power
Invite active users and earn from their activity
Create or deposit into portfolios to grow TVL
Claim daily to protect your streak and bonuses
Reminder: Gems must be claimed daily. Unclaimed Gems expire and do not count toward rankings.
Key Dates
Activity window: January 10 to February 10, 2026
Distribution: February 10, 2026. 968,305 $VELVET distributed by rank
Epoch 7 Is Built for Long Term Players
Ranked rewards, persistent streaks, and rolling volume multipliers are all designed to reward users who consistently bring value to Velvet.
[Stake] [Trade] [Invite] [Create or Deposit] [Claim Daily]