Bet3
  • Bet3 Introduction
  • Getting Started
    • How Does It Work?
  • Payouts & Fees
  • Points
  • Referral Program
  • Tokenomics
  • Twitter Link
  • Discord Link
  • Market Proposal
  • KOL Application
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  • 1. Incentivizing Limit Orders:
  • 2. Total Deposits in Markets

Points

The points system is designed to incentivize user engagement and enhance liquidity.

1. Incentivizing Limit Orders:

Liquidity Enhancement: Users earn the most points by providing limit orders

Reward Calculation: Points for limit orders are calculated based on how close the order is to the market spread and time it's open. See formula below:

1 / [% Spread to Market]) x [Time in Market] x 3

This closer your order is to market, the more points you earn, promoting better market depth and pricing.

2. Total Deposits in Markets

Depositing Funds: Earn points for depositing and keeping funds in the markets.

Calculation of Points: The longer you're in a market, the more points you earn. See formula below:

[Total Deposit] x [Time in Market]

Balancing the System

We are committed to maintaining fairness and balance in the points system. The distribution formula and incentives are periodically reviewed to ensure they align with market dynamics and user interests.

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Last updated 1 year ago