Daring to serve the world is a good thing first @StandX_Official is the first PERP DEX in the industry to issue points for unexecuted limit orders Everyone participate in this hanging order points activity How to maximize benefits? Let's talk about this in detail You can earn two things Maker Points Maker Uptime Reward (5 million tokens distributed proportionally per month) A. Maker Points (there are points for pending orders, even if there is no transaction) As long as you place a limit order and it stays on the order book for at least 3 seconds, you can earn points 2/The system gives points to pending orders that are close to the market price The range is calculated based on the distance between the hanging unit price and the marked price Distance between 0% and 0.10%: Get 100% points Distance between 0.10% and 0.30%: Get 50% points Distance between 0.30% and 1.00%: Get 10% points B. Maker Uptime Event: 5 million tokens per month 1/The longer the hourly market making, the larger the pending orders The more Maker Hours the system provides you with 2/5 million tokens per month will be distributed to everyone based on the proportion of Maker Hours The event just started yesterday Required entry conditions (recalculated every hour) In a certain hour, you need to simultaneously achieve: Both buy and sell orders must have (bilateral pending orders) Your buy and sell orders must be within ± 0.10% of the price difference (close to the market price) You need to ensure that the pending order is online for at least 30 minutes within this hour As long as there is one that is not satisfied This hour is 0 Maker Hours There is a limit to the size of the order (don't hang too many for nothing) The system calculates a maximum of 2 BTC per account and on each side (buy or sell). You hang 3 BTC, and the system only recognizes 2 BTC. Can only be considered as one trading pair Only calculate pending orders for BTC/USDT main trading pair C. The longer the online time, the higher the reward multiplier (two levels) Your online time per hour determines the multiplier: Online for ≥ 42 minutes (70%): magnification 1.0 times (better) Online for ≥ 30 minutes (50%): 0.5 times magnification (general) Less than 30 minutes: No reward for this hour Try to be online for at least 42 minutes per hour. D. How do you calculate Maker Hours? How long did you hang up You don't have to calculate it yourself, the system will calculate it automatically. The system will randomly record the size of your pending orders multiple times during this hour Every time it records, it only looks at: The smaller side between "buy order size" and "sell order size" And each side can be calculated at a maximum of 2 BTC So the key is: Both sides should be big, not one big and the other small Because the system always remembers you on the smaller side The system will give you a Maker Hours number at the end And calculate in a more favorable way (the one that is more cost-effective for you will be adopted) E. Don't misunderstand UI colors (many people may mistake them) The UI color displays the Maker Hours you received in the last hour, not your online rate: Deep green: Maker Hours>0.5 (great) Light green: 0<Maker Hours ≤ 0.5 (participated) Gray: 0 (unqualified or no pending order) You may be online at 70%, but the order is too small and still light green It's also possible that only 50% of the orders are online, but if the order is large enough, go straight to dark green F. The simplest way to follow the instructions in the version 1/Every hour, bilateral orders need to be placed (buy+sell) 2/Don't label the price, hang it at a distance of 0.05% -0.08% from the Mark Price 3/The quantity of buying and selling on both sides should be as equal as possible, and each side should be as close to 2 BTC as possible (not exceeding) 4/Try to keep pending orders for at least 45 minutes per hour (leaving room for fluctuations and disconnections) 5/Don't force yourself when prices fluctuate dramatically, it's better to stop for an hour Basically, this will bring Maker Points and a monthly distribution of 5 million tokens close to the upper limit