Point System
Last updated
Last updated
Point System is the way that Kayak distribute incentives to platform contributors, during season 1, points will be distrbuted according to TVL/trading volume users contribute to the platform, as well as the time they stay in Kayak, the detailed rule as follows:
Your total points will be calculated as (Base Points + Invitation Points)*Multiplier
Base Point is the most common way to earn points on Kayak, you are able to receive base point by providing liquidity/trading on the platfrom:
CL pool/Stableswap pool: 1U TVL = 1 Point per hour
For example, if you provide 10U worth of ETH and 10USDT, you will earn 20 points per hour.
Special Pool may have extra boosts. For example, STONE/ETH pool: 1U TVL = 2 Points per hour
CL Pool: 1U trading = 1 Point
For example, swap 10USDC for ETH, you will earn 10 points.
Stableswap Pool: 1U trading = 0.2 Point
For example, swap 10USDC for USDT, you will earn 2 points.
You will earn +10% on top of Base Point your invites earn, and +5% on top of Base Point your invite’s invites earn.
Multipliers will give your points an extra boost. Total point = (Base point + Invitation point) * Multiplier
You can obtain a multiplier by providing liquidity on the Kayak. The maximum multiplier of 1.15x needs to provide liquidity over 45 days, increasing linearly every hour. If you withdraw from the pool, the multiplier will revert to 1x.
You can earn multipliers by completing achievement quests, the list of achievement will be updated frequently.
You can join someone else's team by entering in an invitation code, or create a team. If you don't, you won't be able to have your invitation code, and you won't be able to earn team boosts. Once you're in a team, you can enjoy team boosts with other members, up to 50%.
Team Total Locked Value | Team Multiplier |
More than $30000 | 5% |
More than $50000 | 10% |
More than $100000 | 15% |
More than $500000 | 20% |
More than $1000000 | 30% |
More than $3000000 | 50% |
