Polkamarkets Labs created this reward program as a test-bed for Automated Protocol Rewards.

Prizes are awarded weekly to the wallets with most activity on the Protocol, on both Moonbeam and Moonriver, according to the following criteria:

  1. Top Gross Volume Makers, per chain: the top 3 wallets with the most trading volume (buy/sell positions, add/remove liquidity) weekly, receive 250 $POLK each.

  2. Top Net Traders, per chain: the top 3 wallets with the most net trading volume (buy-sell outcome positions) weekly, receive 500 $POLK each.

  3. Top Net Liquidity Providers, per chain: the top 3 wallets with the most net liquidity provision volume (add — remove liquidity positions) weekly, receive 500 $POLK each.

  4. Top Market Creators, per chain: the top 3 wallets with the most markets created weekly, that have at least 3 more upvotes than downvotes, receive 250 $POLK each.

  5. Top Market Upvoters, per chain: Top 10 wallets with the most upvotes on verified markets receive 50 $POLK each.

  6. Top Market Downvoters, per chain: Top 10 wallets with the most downvotes on unverified markets receive 50 $POLK each.

  7. Top Oracles, per chain: the top 5 wallets that correctly resolved the most markets weekly, receive 100 $POLK each.

Polkamarkets Labs uses an off-chain script to determine the winning addresses every Friday.

Winner announcements

The winners are announced weekly, usually on Friday, through the official channels, so make sure you follow them:

Rewards are distributed within two business days of the winner announcement.

Prize pool funding

The prize pool is funded from the Polkamarkets Labs Marketing Fund, as detailed in the $POLK tokenomics and distribution schedule.

The table below summarises the total rewards budget for this program. The amounts are per chain, so the total reward pool is double the amounts listed.

Activity and Prize attribution are computed independently for activity on Moonbeam and Moonriver (eg. one single wallet could qualify for rewards on both networks based on its activity on each network).

Reward type

Weekly
$POLK rewards

Monthly
$POLK rewards

Quarterly
$POLK rewards

Top Gross Volume Makers

750

3 000

9 000

Top Net Traders

1 500

6 000

18 000

Top Net Liquidity Providers

1 500

6 000

18 000

Top Market Creators

750

3 000

9 000

Top Market Upvoters

500

2 000

6 000

Top Market Downvoters

500

2 000

6 000

Top Oracles

500

2 000

6 000

Total

6 000

24 000

72 000

Feedback

You’re welcome to join the Polkamarkets community in Discord to provide feedback and ideas.

Changelog

Did this answer your question?