CompX Documentation
  • Welcome to CompX
    • Connecting to CompX
  • Portfolio Tracking
    • Portfolio Tracking Overview
  • Swap Router
    • Swap Router Overview
    • The CompX Router
    • CompX Router Layout
    • Performing a Swap
    • Minting fAssets
  • Token Streams
    • Token Streams Overview
      • Token stream UI
      • Receiving a Token Stream
      • Creating Token Streams
  • X-NFT
    • X-NFT Overview
    • X-NFT Current Status
  • xUSD
    • Overview
      • Vault Design
    • Tokenomics
      • Stability Mechanisms
        • Variable Interest Rate
        • xUSD Staking
      • Liquidation
        • Liquidation Example
        • Performing a Liquidation
      • Borrowing xUSD
      • Managing Debt
  • Staking pools
    • STAKING at CompX
    • Algorand Consensus Staking Overview
      • CompX Consensus Implementation
      • Understanding LSTs
      • Using CompX cAlgo
    • Using Time Locked Contracts
    • Using Injected Liquidity Contracts
    • Genesis Pools
      • Creating a Genesis Pool
      • Staking in a Genesis Pool
  • Governance
    • CompX Governance-Flux
    • Proposals
    • Voting
    • Maximizing Voting Power
  • Rewards
    • Overview
    • Earning Points
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  1. Rewards

Earning Points

PreviousOverview

Last updated 2 days ago

The first time entering the page, the user will be prompted to mint an ARC-19 NFT called a CompX Galaxy card to track your reward level. Minting this NFT is a one time action, as the level of the card will reset at the end of each epoch (1 week). The user can choose between 4 different designs. The design has no bearing on the program and should be chosen only according to user preference. The card signifies the wallets involvement in the rewards program. Users must have the Galaxy card to be eligible for rewards.

In broad terms the CompX reward program will reward wallets that use/support CompX the most. Every epoch, 1 million CompX tokens will be put up for grabs and distributed to wallets based on their rewards level. This includes both passive, set it and forget it users, and more active traders as well. These groups are represented by baseline rewards, and daily actions. Both of these avenues can be used by anyone to earn points that increase user rewards levels and increase rewards.

Baseline Rewards - Points for baseline rewards are awarded to users who help CompX grow liquidity and drive xUSD use. A users total is made up from their total TVL supplied to CompX services.

  • Token Streams (including lockdrop tokens)

  • Farms

  • Staking Pools

  • xUSD debt (not holders of xUSD but Minters of xUSD)

  • Selected liquidity provision that CompX deems critical to the project for each of our tokens

  • Selected liquidity provision for community pools (one side must be either X-NFT, xUSD, $CompX, or cAlgo). These pools will be regularly voted on as governance proposals, so they may change regularly.

Daily Actions - Points for daily actions are rewards for using our more active services that provide CompX revenue in direct fees. These actions have daily limits which are listed below.

  • Swapping >$100 (Limit 1)

  • Swapping >$1,000 (Limit 2)

  • Sending $100+ through token streams (limit 1)

  • Sending > 1,000 through token streams (limit 2)

  • Minting X-NFT (limit 2)

  • Burning X-NFT (Limit 2)

As users are awarded points, they will increase in level. Each level (0-5) has an allotment percentage of the overall 1,000,000 CompX tokens that will be rewarded each epoch. The table below summarizes the distribution.

Level
Minimum Points
Maximum Points
% of Reward

0

0

4,999

2.5%

1

5,000

12,499

7.5%

2

12,500

24,999

15%

3

25,000

49,999

20%

4

50,000

99,999

25%

5

100,000

N/A

30%

If a reward level is not met, for example one Epoch no users made it to the 5th level, those CompX tokens are put aside in a separate wallet for distribution at a later date.

CompX Rewards