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How is the Guild pot distributed?

  • Updated

Amongst Guilds:

The Guild pot will be distributed amongst Guilds according to their ranking on the leaderboard within the competition period, as follows:

  • 1st place = 1,200 USDT
  • 2nd place = 800 USDT
  • 3rd to 5th place = 500 USDT
  • 6th to 10th place = 100 USDT

Guilds will also receive an additional bonus reward of 2,000 USDT in the event that they are able to recruit 20 or more new and actively trading Guild members within the competition period. New members must meet the minimum requirement of 50,000 total trading volume within the competition period to qualify as an actively trading Guild member.

Only those who have completed user verification during the week of the Guild competition period will be counted as new users.

 

Within Guilds:

Guild leaders define the distribution of Guild pot cash rewards among members.

They may choose to save the Guild pot for re-investment or select a percentage they would like to pay out to members vs keep for themselves (0-100%). Selected payouts to members can be distributed as follows:

  • Payout to the top three traders of the Guild by PnL (equal distribution to each).
  • Payout to the top five traders of the Guild by PnL (equal distribution to each).
  • Payout to the top 10 traders of the Guild by PnL (equal distribution to each).
  • Payout to the top three traders of the Guild by ADV (equal distribution to each).
  • Payout to the top five traders of the Guild by ADV (equal distribution to each).
  • Payout to the top 10 traders of the Guild by ADV (equal distribution to each).
  • Payout to all Guild members by percentage of their weekly trading volume.
  • Payout all to one Guild member (randomly selected by an algorithm).
  • No payout and save the cash reward for the following competition. 
    • In the event that a Guild leader chooses to roll over their rewards to the next competition, they are able to select a designated member to be a Guild pot trader. 

The above distribution is fixed upon the start of the competition period. Any changes to the distribution will only apply to the next competition.

Payouts according to the above selection will happen every Thursday following the end of the latest Guild competition.

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