> For the complete documentation index, see [llms.txt](https://docs.mangrove.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mangrove.exchange/mgv-incentives/ms2-program-closed/how-rewards-are-calculated.md).

# How Rewards Are Calculated

### The Core Philosophy: Rewarding Absolute Effort

Our program marks a shift from rewarding relative effort (comparing users against each other) to rewarding absolute effort based on actual trading volume. This approach ensures:

* Predictable rewards, unaffected by other users' activity
* Earnings based directly on your contribution to the ecosystem
* A reward structure that scales with market growth


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