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.
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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