VIP3.IO won two awards at the ETHDenver 2024 hackathon

ChainCatcher news, the Web3 cashback platform VIP3 participated in the ETHDenver 2024 hackathon. In this largest and longest-running hackathon in the world, the VIP3 project Referfi achieved a TOP 6 ranking in the "DeFi, NFTs & Gaming" track and received the "Best Use Award" presented by the top institution Graph.
Referfi is inspired by the Cashback module of vip3.io, aiming to launch a protocol that grants DeFi the same referral system as CEX, allowing more users promoting DeFi to earn commission incentives, thereby making the DeFi ecosystem more prosperous. The real-time cashback feature launched by the VIP3 platform this January is also based on the same concept: after users mint the VIP3 Pass and complete transactions on partnered DeFi platforms, they can receive real-time cashback on transaction fees. This model significantly reduces users' on-chain transaction costs and helps platforms like DEX / cross-chain bridges achieve substantial user growth. Currently, VIP3 has integrated with over 10 leading platforms, including Uniswap, DODO, iZUMi, WOOFi, Orbiter, Meson, Utmost, etc., all of which offer real-time cashback.