Points (Minato)
Measuring your efforts in SuperVol's testnet journey
Last updated
Measuring your efforts in SuperVol's testnet journey
Last updated
Below points scheme applies solely to SuperVol's Minato Testnet product, and may be subject to change over the course of development.
Welcome and big GM to SuperVol Minato testnet contributors!
Your participation is key in developing both our community and product. Thus, the team is always considering user reward as a major factor in our journey towards success.
As of now, we believe that a fair and transparent measurement of your efforts is possible through a points scheme.
Check your progress through our in-site Dashboard feature.
We value all efforts that make SuperVol a better place, from rigorous trading on SuperVol to spreading the word about us on social media. Any suggestions or bug reports are also valued, making sure we’re all set before Mainnet launch.
As of now, we’re keeping things as simple as possible – just trade and refer frens!
1. Trade
Make trades on our ‘1 Hour’ product to accumulate Trading Points.
1 Hour
1 Order Unit Filled = 100 Trading Points
e.g.) 10 Market Orders on BTC/USD 1 hour, +1% Over = 1,000 Trading Points
Why?
The order size of ‘1 Hour’ trades is fixed at $100. Regardless of your order price, 1 unit of trade is recognized as $100.
Under this setup, both ITM trades (orders with a high probability to win; likely to be priced higher) and OTM trades (orders with a low probability to win; likely to be priced lower) will be treated equally important in SuperVol Point scheme.
2. Referral
SuperVol rewards both referrers and referees, the most important aspect of SuperVol Referral Points Scheme.
In most projects, rewards for referrers (the inviter) are straightforward while rewards for referees (the invited) are not as strong. Hence the incentive for referees (the invited) to use someone else's referral link to join a project is limited.
Gated participation is a way to tackle this problem, but we want SuperVol to remain a public experience. Instead, we are giving equal points to referees as well as referrers.
On top of this, SuperVol will give bonus points to "active referrals" if the referee achieves a minimum trade volume of $1,000. Both referrers and referees get bonus points from active referrals.
Sharing 4 major glossaries of SuperVol Referral Points Scheme for the SuperVol community:
(1) My Referrals
# of users that have registered your referral code + Make at least 1 trade on SuperVol
(2) Referral Trading Pts
10% of the total trading points earned by your Referees
(3) My Trading Pts Boost
Register a referral code, and you gain a 10% boost on your trading points (=better to be referred by your friend to onboard!)
(4) Referral Bonus Pts
If someone registers your code, and that person trades the first $1,000:
That person earns 10,000 points
You earn 5,000 points
Spread the word easily by clicking "Copy Referral Link." This opens a pop-up to let you directly tweet your link or copy link to share elsewhere.
