S Points
Everything about S Points
As Sudo grows, we want to ensure that our valued users are rewarded for their activities and contributions to the Sudo ecosystem. With the S Points program, it will be easy for you to keep track of your Sudo usage and receive appropriate rewards based on the points you accumulate.
Unveiling S Points: quantifying interactions on Sudo
Calculating your S Points
S Points are designed to quantify and recognize participants for their contributions to the Sudo platform. They can be earned through a combination of trading volume, liquidity providing, and liquidation amount on Sudo.
The formula for calculating S Points is as follows:
S Points = (0.05 × Trading Volume) + (0.5 × LP Amount) + (0.1 × Liquidation Amount)
This means that for every dollar value of trading volume, you’ll earn 0.05 S Point. For every dollar value of liquidity you provide (LP Amount), you’ll receive 0.5 S Point. Finally, for every dollar value of liquidation amount, you’ll gain 0.1 S Point.
Tracking S Points
Track your S Rank in S Points Leaderboard
Staying informed about your S Points is crucial for understanding your activities on Sudo. We’re thrilled to introduce the S Points Leaderboard, a feature that allows you to easily track your points and engage in friendly competition within the Sudo community.
The S Points Leaderboard is your key to:
Monitor your S Points accumulation progress.
Assess your S Rank among the Sudo community.
S Points Leaderboard
The leaderboard showcases top active users on Sudo, and reveals your rank among all Sudo users. Want to earn more rewards with Sudo? Track your S Rank in the leaderboard.
Claiming S Points
S Points is not just a number. The S Points you have accumulated will be issued to you on-chain, on a weekly basis. You can claim your S Points onto the S Card you own and level up your S Card with the points.
S Points Claim Page
The S Points Claim page will provide you with a comprehensive overview of your earned points and make the claiming process a breeze. Here’s what you can expect:
Points History
The page will feature the history of your earned points, with each row representing two weeks of points accumulated. This visual representation will allow you to easily track your progress and see how your trading activities have contributed to your S Points balance over time.
One-Click Point Claiming
Collect your rewards effortlessly with our “Claim Points” button next to each S Card. A single click instantly adds the card’s points to your S Points balance. No fuss, no hassle — just a streamlined process for quick and easy point claiming
On-chain Points and Off-chain Points
We store your points in our backend record, and meanwhile we issue points to you in the form of objects. Since on-chain points are issued in weekly / biweekly cadence, and we update your off-chain points daily, there is a lag between how many points are issued to your wallet and what's shown in S Rank leaderboard.
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