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Merge branch 'master' into fix/MS1
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DanielRX authored Apr 23, 2024
2 parents 5950684 + 1688ef3 commit f50b2a1
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8 changes: 7 additions & 1 deletion docs/general/points/points.md
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Expand Up @@ -25,12 +25,18 @@ The Mangrove Season 1 Points Program rewards active participants, known as 'Make


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Total\ points = (Trading\ Points + LP\ Points) * Boosts + Referral\ Points + Community\ Points
Total\ points = (Trading\ Points + LP\ Points) * Boosts + Referral\ Points
$$

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:::note
Community Points do not contribute to Total Points for Leaderboard Rankings. They will be allocated specifically after the MS1 program concludes
:::

* **Trading Points**: Calculated based on trade volume, with different weightings for each market. Includes market, limit and amplified orders,where the limit order is partially filled with market order
* **Liquidity Provision (LP) Points**: Derived from uptime, liquidity's proximity to mid-price, and generated volume and also market weighted. Includes limit orders, amplified orders and strategies.
* **Boosts**: A tiered level system increasing LP and trading points, determined by consistent activity and volume levels.

* **Referral Points**: Gives a 10% bonus in points for both referee and referrer, based on the referee's LP and trading points.
* **Community Points**: Gives points to past and future active participants in MangroveDAO-organised campaigns.

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