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How are points calculated? 🤔
Points for users are calculated based on their trade activity within the platform. Whenever a trade event occurs, the system updates, or creates if it doesn't exist, a user profile and accumulates the total ETH traded by each user. This is tracked through the amount of Ethereum involved in each trade, allowing the platform to calculate points or other rewards based on the user's trading activity.
This accumulated trading volume is then used to determine the user's position on the leaderboard, encouraging active participation and rewarding frequent traders. Additionally, other initiatives are being planned to contribute to the point generation system, providing even more ways for users to earn points and climb the leaderboard.
Users can earn point multipliers by reaching milestones during platform launches. A basic multiplier (1.25x) is awarded for basic milestones, while an advanced multiplier (1.5x) is awarded for reaching advanced milestones.