Mangrove
Mangrove
Mangrove
  • START HERE
    • What is Mangrove?
      • Smart offers
      • Bounty
      • Makers, Takers, Keepers
        • Makers
        • Takers
        • Keepers
    • Why Mangrove?
    • Who is the Mangrove dApp for?
    • Audits
    • FAQ
    • Glossary
    • Terms & Conditions
  • Strategies
    • Kandel
      • What is Kandel?
      • How does Kandel Work?
        • Step-by-step visual explanation
        • Parameters
        • Choosing Kandel parameters
        • Published Liquidity
        • More on failing offers
      • Potential risks
  • DAPP GUIDE
    • Swap
    • Trade
      • How to make an order
        • Market Order
        • Limit Order
        • Amplified Order
        • More on order types
      • Approvals
      • Minimum Volume
      • How to Track and Manage Orders
    • Earn
    • Rewards
    • Bridge
    • Wrap
  • MGV INCENTIVES
    • Fee Rewards
      • How the programs Work
      • Current programs
    • Vault LP programs
      • How the Programs Work
      • Current programs
      • Earning rewards
      • Example
      • Previous programs
    • MS2 Program (closed)
      • How Rewards Are Calculated
        • Reward Rate ρ
        • Takers Rewards
        • Adjusted Volume for Makers
        • How to Maximize Your Score
      • MGV Token Allocation per User Type
        • Specific Allocation for Kandel users and vault managers
        • Community Contributors
        • Incentives with a custom strategy
      • Epochs and Updates
    • MS1 Program (closed)
      • Intro
      • Trading Points
      • Boost
      • Referral Points
      • Community Points
      • Parameters
      • Technical Insights
      • MS1 FAQ
      • Disclaimer
  • Governance
    • General Governance
      • Key Stakeholders
        • Token Holders
          • Builders
        • Builders
        • Pods
      • Guardians
      • Governance Process
        • Initial Discussions
        • Proposals
        • Voting
        • Execution
    • Councils
      • Responsibilities
      • Elections
      • Budgets
    • Guides and resources
      • How to vote on a governance proposal
      • How to delegate my voting power
      • How to access the Builders’ directory
      • How to access the Pods’ directory
      • Snapshot configuration & membership
      • Links and adresses
  • QUICK LINKS
    • Whitepaper
    • Website
    • Feedback
    • Blog
    • GitHub
    • X
    • Discord
    • Telegram
    • Deployment adresses
Powered by GitBook
On this page
  1. MGV INCENTIVES
  2. MS1 Program (closed)

Boost

The program features a boost mechanism, where participants' trading and liquidity provision volumes over a 7-day period determine their boost level. Higher activity levels result in greater boosts, amplifying the total points earned. To maintain or attain a higher boost level, a participant needs to consistently engage in higher volume trading or generating volume through its liquidity.

Level
Boost
Requirements in a 7 day epoch

0

x1 (No Boost)

For volume between $0 and $9,999.

1

x1.75

For volume between $10,000 and $19,999.

2

x2.5

For volume between $20,000 and $49,999.

3

x3

For volume between $50,000 and $99,999

4

x3.5

For volume between $100,000 and $499,000.

5

x4

For volume of $500,000 or more.

This tiered system ensures that the more a participant trades or generates volume, the higher the boost they can achieve, incentivizing consistent and increased trading activity.

Finally, each participant's boost is applied to the LP + trading points earned from both taker and maker activities. The level of boost depends on the participant's level, which in turn is determined by their traded and generated volume.

For instance, a participant earning 100,000 taker and maker points at Level 1 will receive a x1.75 boost, resulting in a total of 175,000 points.

PreviousTrading PointsNextReferral Points

Last updated 5 months ago