Arcus Launches a points system rewarding trading, market making, collateral deposits, and referrals
BIBIBI
AT A GLANCE
Arcus launched a points system rewarding activities such as trading, creating markets, depositing collateral, and referrals.
Article
Arcus Introduces a points system to reward activities such as trading
BlockBeats reports that October 1, Robinhood’s on-chain perpetual DEX protocol Arcus has introduced a points system, with Season 0 points distributed based on contributions during the period from July 1 to September 30 contributions during the period. Season points will be announced weekly, rewarding trading, creating trading markets, and depositing collateral on Arcus and referrals.Arcus stated that points will be allocated based on the value of Arcus and its community, according to each trader’s activity. Low-value activities such as fake trading, self-matching, intentional clustering, rapid money laundering (repeatedly depositing, trading, and withdrawing), and other detected gambling behaviors will result in reduced or no points being allocated.Arcus was founded by Eddie Zhang, and its development team comes from the core team behind dYdX.
Original link https://m.theblockbeats.info/flash/369939
Key points
01
Season 0 points distributed based on contributions during the period from July 1 to September 30.
02
Season points will be announced weekly.
03
Reward activities include trading, creating markets, depositing collateral on Arcus and referrals.
04
Arcus means that points will be allocated based on each trader’s activity to Arcus and the value of its community.
05
Wash trading, self-matching, deliberate clustering, rapid money laundering, and other detected gambling behaviors may result in reduced points or no allocation.
06
Arcus Founded by Eddie Zhang, with its development team drawn from the core team behind dYdX.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The points system is similar to platform promotional rewards: users may earn points after completing activities such as trading, creating trading markets, depositing collateral, or making referrals.Arcus It will also assess the value of activities and reduce rewards for low-value activities such as volume inflation and self-matching.
Why it matters to readers
The points rules may affect how users participate and encourage activities such as trading, creating trading markets, depositing collateral, and making referrals; the anti-fraud rules determine which activities can earn points.
New participants should first understand the points calculation and anti-fraud rules. The original text does not explain whether points can be exchanged for tokens, cash, or other benefits, so points should not be directly understood as guaranteed returns.
Risks and unknowns
Not provided in the original text Arcus Official announcement, with only a link to the original BlockBeats article attached.
The specific weighting, calculation formula, or reward scale for the points has not been specified.
It has not been specified whether the points can be redeemed for tokens, cash, or other benefits.
The specific distribution or claiming arrangements for Season 0 points have not been specified.
The specific criteria for determining “deliberate gathering” and “gambling behavior” have not been specified.
Related Developments
Loading event timeline…
Related concepts
Points system
This term is not in the glossary yet. Browse related concepts in the glossary.
An asset provided by a counterparty to guard against potential losses, which may be liquidated in the event of default to compensate the lender for its loss.
A manipulative practice in which the same party buys and sells the same financial instrument to create the appearance of false market activity or trading volume.
