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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