Rewards

The Rewards page on Mangrove’s DApp is where users can monitor their reward progress across different activities, view their rank in the reward program, and claim any available rewards.

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Step 1: Accessing the Rewards Page

In the Mangrove DApp sidebar, click the "Rewards" icon (the 'hand bearing a coin' icon). This will take you to the Rewards page, which displays your current rewards, rank, and other details.

Step 2: Understanding the Reward Epoch and Program Details

1. Epoch Information: At the top of the Rewards page, you’ll see the current Epoch number and details about the reward cycle. The epoch represents a specific time period over which rewards are calculated.

   • Ends In and Current p (Reward rate): These fields may indicate the time remaining for the epoch and the current performance level if they are active, helping you track the reward cycle’s progress.

2. Total Epoch Reward: The total MGV reward amount available for the current epoch is displayed, broken down into specific reward categories:

   • Taker Rewards: Rewards for users who engage in trading activity.

   • Maker Rewards: Rewards for liquidity providers.

   • Kandel Rewards: Rewards specific to the Kandel strategy (if applicable).

Step 3: Tracking Your Points and Rank in Season Program

1. Season 1 Points Program: Below the epoch section, the Season 1 Points Program table shows the leaderboard and ranks of users based on their accumulated points. This includes:

   • Rank: Your ranking among other participants based on total points.

   • Address: The wallet addresses of participants. If you’re logged in, your address will show as "You" in the list.

   • LP Points: Points earned from liquidity provision.

   • Trading Points: Points from trading activities.

   • Referral Points: Points earned by referring others to Mangrove.

   • Community Points: Points from community engagement.

   • Total Points: The sum of all points from the above activities.

   Use this table to view your ranking in the MS1 Program and, soon, in the new MGV Incentives' program to see how you compare to other participants.

Step 4: Checking Your Available, Claimed, and Total Rewards

1. Available Rewards: On the right side of the page, your Available Rewards section shows the amount of MGV tokens you can currently claim. These rewards are updated periodically based on your activity and point accumulation.

2. Claimed Rewards: This shows the amount of MGV tokens you’ve already claimed during the current season or epoch.

3. Total Rewards: The total amount of MGV rewards you’ve earned, including both claimed and unclaimed tokens.

Step 5: Claiming Your Rewards

1. Claim Rewards Button: If you have available rewards, the Claim Rewards button will be active. Click this button to initiate the claiming process.

2. Wallet Confirmation: Confirm the transaction in your connected wallet to finalize the claim and transfer the MGV rewards to your wallet.

   Note: Ensure you have enough funds to cover any transaction fees on the network.