Forkastdocs

🎁 Platform Rewards

Explore Forkast's platform rewards, including liquidity, leaderboard, quest, trading credit codes, and referral incentives for active users.

Forkast Rewards Overview

Forkast provides a range of rewards to encourage user participation and engagement throughout the platform. These rewards are tailored to various user activities, from promoting frequent trading to rewarding market successes, all with the goal of fostering a dynamic and thriving prediction market ecosystem.

🎁 Types of Rewards

💧 1. Liquidity Rewards

  • Payout: Distributed in USDC tokens.
  • Description: These rewards are earned by users who provide liquidity to Forkast markets by placing resting limit orders. Liquidity rewards encourage market stability and activity by incentivizing users to ensure sufficient depth and volume in the markets.

🎁 2. Leaderboard Rewards

  • Payout: Distributed in USDC tokens.
  • Description: Users who consistently outperform others in trading and market participation can earn leaderboard rewards. This program recognizes top performers on the platform, fostering competition and skillful trading.

🎁 3. Quest Rewards

  • Payout: Distributed in USDC tokens.
  • Description: Quest Rewards are earned by completing specific milestones or objectives within the platform, such as placing trades in new markets or predicting market outcomes accurately (Win-to-Unlock). These rewards encourage active engagement and skillful participation in Forkast markets.

🪙 4. Trading Credit Codes

  • Payout: Redeemed as Trading Credits.
  • Description: These codes can be redeemed for Trading Credits, which users can use to participate in markets. Trading Credit Codes are often distributed as part of promotional campaigns or trading competitions.

🎁 5. Referral System Rewards

  • Payout: Distributed in Trading Credits.
  • Description: Referral Rewards are earned by inviting new users to join Forkast. Users receive a percentage of the trading fees generated by their referrals. People that sign up through a referral link earn a discount on their trading fee for the first few months. This system incentivizes community growth and user acquisition while rewarding loyal users for spreading the word about Forkast.