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Hey Immutables ๐ ง,
Weโre super excited to share with you the next step in iterating the IMX Trading Rewards program!
Historically, the Trading Rewards program has allowed everyone to earn IMX tokens while they trade across the ImmutableX protocol. While that purpose will remain unchanged, Trading Rewards will now feature a points-based rewards system where traders will earn points based on their daily trading volume that will be converted into IMX tokens. This new design was developed in collaboration with Gauntlet to increase the efficiency of our token spend and provide long-term flexibility around different ways for our community to earn IMX tokens.
For an in-depth explanation, FAQ's, and more information on the new Trading Rewards program design, please check out the full blog post here: http://www.immutable.com/blog/imx-rewards-introduces-new-and-improved-trading-rewards-design
Whatโs Next?
This next evolution of the Trading Rewards program not only improves token efficiency today, but allows IMX Rewards the opportunity to reward community members in new ways (minting assets, playing games, etc.) in the future. We also expect points to resonate with a wider audience, supporting our goal of driving mainstream adoption of web3 gaming.
Over the coming months, weโll continue our partnership with Gauntlet to iterate on IMX Rewards programs with the goal of rewarding community members and developers for driving pro-network activity on the ImmutableX protocol. Gauntlet will continue to utilize its platform to analyze user behavior and spend efficiency to optimize the points mechanism. New activities, parameters, and mechanism designs will be tested, but our rewards programs will continue to prioritize successful outcomes for Immutable and our community.
For specific details on the functionality of this new design, please visit this link: https://www.immutable.com/trading-rewards
The trading rewards dashboard will contain all relevant information to daily totals: https://imx.community/rewards
Happy Trading! ๐ ง
Did you know that you can now earn exclusive rewards by joining the best gaming community in web3? ๐ ๐ https://immutablex.crew3.xyz/invite/1CYb7YfgtqMlvhAEFdpdR
I LOVE THIS. Itโs a helluva way to help raise the floor
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