KIP-128: The Kwenta Points Program

Simple Summary

Introduce a comprehensive points system to reward Kwenta users for their engagement, including both retroactive and ongoing contributions, with room for expansion for special campaigns.

Abstract

This proposal seeks to establish a Kwenta Points System, distributing points for trading, referrals, and a special incentive for established users of perps protocols. Points track the distribution of both ongoing weekly rewards and retroactive rewards at the time of $KSX token generation.

Motivation

The proposal aims to incentivize and reward community engagement, support for early v3 platform testing, governance participation, and constructive feedback. By recognizing user contributions and involvement, the system seeks to foster a more vibrant, engaged, and growing Kwenta community.

Specification

For more information, visit the: Kwenta State Log