Dexalot Incentive Program

Published on: 16.09.2022
Dexalot Incentive Program

Dexalot Subnet customers should anticipate lower transaction/trading costs, higher liquidity, narrower bid-offer spreads, and more. DIP rewards Dexalot trading on Dexalot Incentive Program

Program Highlights 

  • Total Monthly Rewards: 200,000 $ALOT tokens
  • Start of Program: Q4 2022
  • Duration of Program: Up to 2 years

How it works 

Every month users of Dexalot will be scored and ranked based on three factors:

  • E — Executed Volume: The total US$ value of all trades executed by you in the month.
  • O — Orderbook Contribution: You will be scored on the “quality” of your orders based on the size (US$ value) of your orders, the duration your orders remain on the order book, and the distance your orders are from the mid-price.
  • — $ALOT Tokens Deposited: The total number of $ALOT tokens deposited into your Dexalot portfolio in the month.

However, the more trades you complete, the bigger your orders, the longer you keep orders in the book, the closer your orders are to mid-price, and the more $ALOT you deposit, the better your monthly score.

Calculations —

  • User Score = (E^ 0.15) x (O^ 0.80) x (A^ 0.05)
  • Monthly Rewards = (200,000 $ALOT x User Score)/Aggregate User Scores

How to monitor your rewards —

You can track your monthly score on their website along with top-ranked users and total user scores throughout the month.

About Dexalot:

Its mission is to bring a truly inclusive and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk. powered by Avalanche.

Website | Twitter

SOURCE

https://medium.com/dexalot/the-dexalot-incentive-program-1d55c869a6c0

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