│ Points

Who said sequels are worse?

Context

Gliquid's new points system was created to offer incentives where they really matter and open the doors to new communities.

The system is based on the user's own activity, and the basic requirement for accumulating points is through the generation of trading fees.

To participate in this system, you only need to create your LP and generate trading fees.

Point Emissions

We will quickly explain how points are generated and distributed, but full details will not be public this season.

Points are generated from the fees you generate for the DEX. + Fees = + Points
There may be pools with a higher multiplier than another so that the generation of points is higher.
Certain boosts can be applied by performing actions within the app or certain milestones.

The user's pGLQ balance is taken into account.

Points are calculated hour by hour in our system, however they are sent to the user every 24 hours.

For points to appear in the interface, the user must claim the fees earned. If this is not done, points will continue to accumulate until the user claims their fees and they appear in the immediate daily distribution.

Referral Mechanics

Role

Benefit

Formula

Inviter

Earns 15% of every point the invitee generates

$P_{\text{inviter}} = 0.15 \times P_{\text{invitee}}$

Invitee

Permanent +15% boost on all points

$P_{\text{invitee}} = P_{\text{raw}}\times1.15$

No limit on referrals.
Referral link is created after one signature to prevent spam.
Circular referral it's not allowed, if you create a referral link without being referred first and then try to use someone’s referral link you will not get the boost!

We are introducing LP Cards, allowing you to share your LP positions on X.

Shared LP positions can be copied too.

Boosts

Although the details are not public, among the available boosts, amount of liquidity provided in the pools will obtain a higher generation percentage by far compared to the rest. + Amount of TVL = + Higher Boost %