> For the complete documentation index, see [llms.txt](https://docs.avantisfi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.avantisfi.com/rewards/avantis-xp/season-3.md).

# Season 3

<figure><img src="/files/9d43PyrbL0F6N3C8QUl7" alt=""><figcaption></figcaption></figure>

### Rewards

Avantis S3 XP has a reward pool of 4.00% of the Token Supply. This 4% has been allocated from Onchain Incentives with 3% to Traders and 1% to Liquidity Providers.&#x20;

<figure><img src="/files/NMdkuFDBBF9rXeLQLx6d" alt=""><figcaption></figcaption></figure>

The Season 3 XP dashboard is now live! Functionally, Season 3 will be very similar to Season 2:

### **Trading XP**

* Each dollar traded receives up to 1 XP on fixed fee trades. Factors like market, position size and trade duration are considered.&#x20;
* For Zero-fee perpetuals (ZFP) trades, XP is directly correlated with fees paid, meaning profitable trades generate the most XP. Losing trades also get some XP, however not nearly as much as profitable trades.
* All trades facing Liquidations will also receive XP from the get go.&#x20;

### Liquidity XP

* Earn 1 XP per day for each dollar deposited.&#x20;
* We've phased out [Locking deposits](broken://pages/zjKxN1SFatChB1fIa9mi) hence, there is no XP multiplier on it. However, previous locked LP positions will recieve their pending locked bonuses.
* We'll be working with select ecosystem partners to scale liquidity, with exclusive boosts to their communities.&#x20;

### Referrals&#x20;

* Referrers earn 10% of all Trading and Liquidity XP generated by their Referrals.&#x20;


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