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

Overview

Here we hope to outline the design of CompX token distribution to the broader community via platform rewards. The intention of the program is to use CompX tokens to reward users who use the CompX platform which will result in a net benefit across all CompX products at once. CompX offers quite a few services, and all of those users should benefit.

Reward disbursal will be divided into Epochs. Each epoch will last one week. Rewards will be accumulated over the course of the week, and users will be able to claim their rewards whenever they like. Rewards will not be lost if unclaimed at the end of an epoch.

Each epoch will have a maximum reward of 1 million CompX tokens. These will be distributed to users in reward levels which are detailed below. Reward levels are increased by earning points, and users are able to earn points through using CompX services and supporting CompX with token liquidity.

Reward Level
Minimum Points
Maximum Points
% of Rewards

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%

Users at each level will have the allocated percentage of their rewards distributed to them as a percentage of the total points in that level. If a level is completely unoccupied, for example if there are no level 5 wallets during an epoch, the rewards for that pool won't be distributed. Instead, the rewards will be placed into a separate pot for later distribution, either through this reward system or in a bonus epoch or in another fashion.

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Last updated 1 day ago