Ostium Introduces Innovative Points System for Traders
Ostium Launches A New Points Program To Encourage Trading
Ostium, known for being at the forefront of leveraged trading for Real World Assets, is excited to announce the initiation of its new Ostium Points Program. This innovative program is designed to track user participation and engagement on the platform, creating a competitive environment that incentivizes trading, referrals, and provision of liquidity. Users will have the opportunity to long or short various assets including stocks, commodities, indices, and currencies through this dynamic trading platform.
Details of the Points Program Unveiled
Incentives for Early Adopters
The program officially launched with an impressive initial allocation of 10 million points, which have been retroactively distributed to early adopters who have demonstrated active participation prior to the program's inauguration. This initiative highlights Ostium's commitment to acknowledging the contributions of its users during both the public Mainnet and its various testing phases. Users can check their points allocation through the platform's dedicated page.
Weekly Point Distribution
To maintain engagement, Ostium has committed to distributing 500,000 points weekly based on user activity. As the platform evolves, this weekly distribution may be adjusted to reflect increased participation, and users will be informed about available points at the start of each week.
Program Components that Enhance User Experience
The Ostium Points Program comprises several exciting features:
- Real-time score tracking: User scores will be updated immediately following transactions, contributing to a dynamic trading environment.
- Weekly points conversions: Every Sunday at midnight UTC, accumulated scores will be converted into points, resetting scores for a fresh start each week.
- Dual scoring system: The program encompasses two distinct score types: Trading/Referral scores and Liquidity Provision scores, which culminate in a total points tally.
- Competitive leaderboards: Users can compare their rankings and scores against fellow participants in real-time through comprehensive leaderboards.
- Referral benefits: Users can enhance their trading scores significantly by referring others to the platform, as they earn rewards through their referrals' activities.
- Community contributions: Notably, a fraction of the weekly points is allocated to users who make substantial contributions to the community, further enriching the ecosystem.
Community Development Strategy Strengthened
The launch of this points program is a crucial step in Ostium's strategy for community engagement. Building upon the recent Mainnet launch that granted users access to global macro markets for the first time, the Ostium Points Program seeks to bolster relationships among traders and liquidity providers.
User Engagement and Transparency
Users participating in the Ostium Points Program will witness the program kicking off with renewed enthusiasm, allowing them to view their point allocations and track scores with ease. New point allocations occur weekly, ensuring that participants remain engaged consistently.
Final Words on The Points Program
For more insights and information about the Ostium Points Program, users can easily access the program specifics on the Ostium website. The Ostium Points Program is primarily designed for engagement tracking; it is important to note that points do not hold any monetary value or transferable qualities.
About Ostium
As the premier platform for leveraged trading in Real World Assets, Ostium provides its users with exceptional trading opportunities across assets like Nasdaq stocks, Gold, and Oil. Founded by distinguished alumni from Ivy League institutions, Ostium is backed by esteemed investors eager to support a revolutionary approach to trading. Their vision aims to create a vibrant community of traders and liquidity providers, benefiting from this exciting new initiative.
Frequently Asked Questions
What is the Ostium Points Program?
The Ostium Points Program rewards user engagement through trading and liquidity provision, enhancing competitive trading within the platform.
How can I track my points?
Users can monitor their points and scores on the Ostium platform, particularly on the designated points allocation page.
Is there any monetary value to points?
No, points accrued through the program hold no monetary value and cannot be exchanged or transferred.
When does the points distribution occur?
Points are distributed weekly, with allocations occurring every Sunday at midnight UTC.
Who can earn referral benefits?
Users who refer others to the platform can earn additional trading scores, enhancing their earning potential within the Points Program.
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