Bullbit Genesis Point Program
The Bullbit Genesis Point Program is a strategic initiative designed to bootstrap the ecosystem and reward early adopters. Spanning approximately 5.5 months, this campaign distributes a total budget of 3,000,000 - 5,000,000 Points, serving as the foundation for the future token airdrop.
A. Campaign Roadmap
The program is divided into three key phases to align with product maturity:
Phase 1: Private Beta: Exclusive access for the "Private Circle". Focus on core trading feedback.
Phase 2: Public Beta: Open to the public. Introduces TVL & Vault scoring.
Phase 3: Soft Launch: The explosion phase with the maximum reward pool allocation.
B. How to Earn Points
Users can accumulate points weekly through six distinct activities, catering to different trading styles:
Trading Volume: The majority of the pool is allocated here. Simply put: The more you trade, the more points you earn.
Master Trader Special rewards for traders with positive PnL and high ROI. This ensures skilled traders are valued over simple wash-traders.
TVL & Vaults: Passive points for users who deposit liquidity into Bullbit Vaults (Starting from Phase 2).
Open Interest : Rewards for holding positions overnight, contributing to the exchange's market depth.
Liquidation Support: A unique retention mechanic. If you suffer a liquidation, Bullbit awards a small amount of "Consolation Points" to encourage you to keep going.
Referral Bonus: Invite friends and earn a 25% Bonus on top of the points they generate (Minted additionally by the system, not deducted from your friends).
C. The "Dynamic Pool" Mechanism
Unlike static airdrops where users compete for a fixed slice, Bullbit employs a Dynamic Weekly Pool.
Concept: The total number of points distributed each week is not fixed. It scales elastically based on the Total Platform Volume.
User Benefit: If the community collectively pushes the platform volume to hit higher milestones (Pool Levels), the Reward Pool expands significantly. This means everyone gets a larger share—incentivizing users to "shill" and grow the platform together.
D. Early Adopter Advantage (Multipliers)
Participating early is not just about earning points sooner; it locks in long-term advantages.
Super OG Badge (Top 100 Private Beta): Permanent +10% Point Boost.
Beta Prime Badge (Top 500 Public Beta): Permanent +20% Point Boost.
New Badges: Exclusive badge collections will be continuously released throughout the program rollout.
E. Distribution Schedule
Calculation: The system snapshots data weekly (Epoch closes at Sunday 23:59 UTC).
Update: Points are calculated and reflected on your User Dashboard every Tuesday.
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