Rage Points Program
The Rage Points Program allocates a fixed amount of points weekly for activities on the perp aggregator. These points are distributed to users on a pro-rata basis.
How to earn Points? To earn points on a weekly basis, the system encourages active trading, participation in competitions, engagement with multiple protocols, and various features of Rage Aggregator, with a minimum weekly volume of $20,000.
Additionally, points will be awarded for volume generated since the public launch of Rage Aggregator.
How will points be distributed? Points will be distributed every Thursday based on various factors such as your league, boost, weekly activity, ending Wednesdays at 00:00 UTC.
Points for volume generated since the launch of the Rage Aggregator, will be distributed at a later date.
What is League? Leagues represent your rank relative to other traders, based on your weekly volume as displayed in the weekly leaderboard. For instance, to qualify for the Diamond League in a week with 100 participants, you need to rank in the top 25. And for Bronze league, it means being in the bottom 25 ranks. Based on your league, you get an additional boost.
There are four leagues:
- Diamond: 10x boost
- Gold: 5x boost
- Silver: 3x boost
- Bronze: 1x boost
What is Boost? Boost is one of the multipliers which is applied to your weekly volume based on your weekly rank. It enhances your share of the weekly points.
Your boost is recalculated every week before the points distribution. It's important to note that the boost isn't carried forward to the next week, ensuring each week starts fresh.
Additional Information
- Points will be distributed separately for all activity on the Rage Aggregator since Nov 30, 2023.
- Affiliate point matching will also be in place, determined by the volume of your referrals.
- Rage Trade could conclude the points program at any time with a maximum of 1 week's notice.
- Rage Trade reserves the right to modify the points program, retract points, or exclude users from earning points in case of product misuse, as determined by Rage Trade.
