Avantis XP

A novel loyalty program for our community.

Experience Points (XP): Liquidity and Trading

www.avantisfi.com/xp

Avantis experience points (XPs) are offchain representations of a user's onchain actions. Avantis XP measures and track onchain activity, loyalty and accrue to a user in real time. These are non-tradeable and non-transferable, and simply represent a user's activity on the Avantis protocol.

There are two types of Avantis experience points - liquidity and trading points. At a high level:

1. Liquidity XP: Long term LPs stack the most liquidity points (i.e depositing for the long-term, locking, and completing your lock provides bonuses). E.g, one dollar invested as an LP gives 1 point a day. But a 180 day lock gives you 5 points a day (4x additional boost!).

   1. Referrals: Get 10% of any referred LPs XP.

Note - lock boosts and locked pending XP only apply to the locked amount, and are only awarded once an LP finishes their lock. For example - if an LP locks 2500 USDC for 180 days, they get 4x XP boost on 2500 USDC at the end of the lock. Additionally, once the lock expires, they will revert back to the regular (1x) points, unless they choose to re-lock their stake. Early unlocks mean forfeiting the points.

1. Trading XP (fixed-fee perpetuals):

   • Volume: All trades accrues volume XP. Volume XP accrues based on a traders' volumes. Every dollar traded gets at-most 1 XP.

   • Referrals: Get 10% of a referred traders' volume XP.

   • Liquidations Bonus: Liquidations are rough, and we want to ensure traders still feel supported after a liquidation. All platform liquidations are eligible for trading XP !

2. Trading XP (zero-fee perpetuals):

   • Volume: Unlike fixed-fee perpetuals, zero-fee perpetuals only charge traders a fraction of their profits. Hence, XP is based completely on your $ fees paid. Every $ of fees paid generates ~1,333 trading XP. Losing trades also get some XP, however not nearly as much as winning trades.

   • Referrals: Get 10% of a referred traders' volume XP.

   • Liquidations Bonus: Liquidations are rough, and we want to ensure traders still feel supported after a liquidation. All platform liquidations are eligible for trading XP !

Note - Trading XP and Liquidity XP are not fungible (i.e - they're not the same!).

Legal disclaimer: Avantis experience points have no monetary value, and do not represent a claim on the protocol's revenues or any token offering / equity. Please do not engage in accumulating Avantis XP with any expectation of financial utility - they cannot be traded or exchanged.