Leaderboard and Scoring System
Introduction
The Fusy platform features a dynamic leaderboard designed to foster user engagement and incentivize participation through competitive mechanics. This document outlines the scoring system and leaderboard rankings, and details the rewards associated with user activities such as trading, staking, and completing missions.
Scoring Mechanism
Scores on the Fusy platform are derived from Experience Points (XP) and Market Merits, reflecting a user's activity and achievements:
Experience Points (XP)
Baseline XP generation:
a. Liquidity Deposits including LP in DEX and Staking Pools: 5 XP/daily per deposited $1.
b. Generated Volume in DEX, Launchpad and NFT marketplace: 1 XP per $1 of generated volume.
Level XP: Each level a user achieves is calculated to contribute progressively more XP to their score, promoting long-term engagement. The XP for any given level is calculated as follows:
Current XP: This is the XP that users accumulate towards the next level. It is awarded for actions such as trading and participating in platform events.
Progression Formula
The XP needed for leveling up is determined by the formula:
Where:
Ratio = 2
BaseXP = 100
This formula ensures that the progression becomes increasingly challenging, making each level achievement significant.
Level Benefits
Leveling up in the Fusy platform offers users additional Market Merits and potentially other perks such as increased staking rewards, access to exclusive events, or higher referral bonuses. This incentivizes users to continue participating in platform activities.
Missions
Definition and Purpose
Missions are structured tasks that users can complete to earn XP and Market Merits. Each mission is designed to align with different user activities on the platform, such as trading, liquidity provision, or participation in community events.
Mission Types and Frequencies
Daily Missions: Quick tasks that reset daily.
Weekly Missions: More complex tasks that provide higher rewards, resetting weekly.
XP Rewards
Completing missions awards users with XP which contributes to their level progression. Specific missions also offer direct Market Merit rewards.
Market Merits
Users earn Market Merits for significant achievements and milestones, such as high trading volumes or exceptional participation in events.
Each Market Merit is equivalent to 200 points, which are added directly to the user's total score.
Stake Volume Requirements
Volume Goals
At each level, users are expected to meet specific trading volume requirements in their staking activities. Meeting these goals yields additional Market Merits.
Tracking and Rewards
The platform automatically tracks each user's staking volume and awards merits when they hit specified targets. This process is transparent and visible in the user dashboard.
Total Score Calculation
The total score, which determines the user's position on the leaderboard, is the sum of Level XP, Current XP, and points from Market Merits:
Leaderboard Ranking
Sorting: Users are ranked on the leaderboard based on their total scores, with the highest scores at the top.
Updates: The leaderboard is updated in real-time to reflect changes in scores, ensuring that it always presents the current standings.
Rewards and Incentives
Top performers on the leaderboard are eligible for various rewards, which may include:
Token Airdrops: Periodic distribution of $Fusy tokens to users on the leaderboard. The amount of tokens distributed corresponds to each user's placement and score, rewarding sustained high performance and engagement within the platform.
Exclusive Access: Users higher up on the leaderboard may receive early access to special features and upcoming events, providing them with unique opportunities and advantages.
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