🪂Airdrop Campaign

This initiative aims to reward our community for their active participation and engagement with the Prerich app. Whether you are an experienced trader or a newcomer, this campaign provides a structured opportunity to earn points and benefit from your involvement.

Preseason Airdrop Campaign

• Running now and until public launch

• Fixed amount of points distributed daily.

• Heavily rewarding the community that tests the app while it's in development.

Season 1 Campaign

• Start at public launch

• Fixed amount of points distributed daily.

• Runs for ~6 months

How Volume Affects Points Earned

In the Prerich incentive campaign, points are distributed based on the volume of trades each user makes relative to the total daily volume. Each day, a fixed number of points (250,000) are distributed among users based on their share of the total trading volume for that day.

Example Scenarios:

1. Lower Daily Total Volume:

   • Scenario: Let's say the total volume for a day is $100,000.

   • Your Volume: If you trade $10,000 on this day, you represent 10% of the total volume.

   • Points Earned: Since you contributed 10% of the total volume, you earn 10% of the 250,000 points, which is 25,000 points.

2. Higher Daily Total Volume:

   • Scenario: Now, consider a day where the total volume is $1,000,000.

   • Your Volume: If you still trade $10,000, your share of the total volume is now only 1%.

   • Points Earned: Since you contributed 1% of the total volume, you earn 1% of the 250,000 points, which is 2,500 points.

Key Takeaways:

• Higher Points on Lower Volume Days: When the total daily volume is lower, each user's share of the total volume is higher. This means that for the same amount of trading ($10,000 in our example), you earn more points on days with lower total volume.

• Lower Points on Higher Volume Days: Conversely, when the total daily volume is higher, each user's share of the total volume is smaller. Therefore, the same amount of trading results in fewer points on days with higher total volume.

Evolving Points System

To keep the campaign engaging and to encourage users to explore all features of the app, we will periodically update the points system throughout Season 1. This will include incentives for new features, such as chatrooms, and other aspects of the app. The goal is to reward users who actively test and provide feedback on new releases, helping us improve the overall experience.

By following these strategies and staying active within the app, you can maximize your points and enjoy the full benefits of the Prerich incentive campaign.