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Open interest rewards
NOTE: Open interest rewards ended on October 31.
Open interest rewards are 20% of the net fees collected. Rewards are calculated on a weekly basis and begin and end on Tuesdays at 16:00 UTC. Open interest rewards are paid out weekly and shown on the Portfolio page under "Deposits and Withdrawals" labeled as an "Internal Transfer"
Every 15 minutes, each user’s absolute position on each asset will be recorded as a fraction of that asset’s total absolute position (i.e. twice the open interest). Each user’s average score over all assets will determine their share of the total open interest rewards. This means it’s particularly valuable to have a position on assets with low open interest, since you will be a bigger fraction of the total.
Previously, OI rewards were 40% of net fees collected.
Last modified 1mo ago