Season 1
Last updated
Last updated
At Symmio, our focus is on building genuine good products & focusing on engagement rather than inflating metrics with superficial activity. We know that points programs often risk creating artificial numbers and tend to dilute the actual real numbers of the platform. By running Season 1 of the Symmio Points program in stealth, we aimed to ensure that points went to those truly using and supporting the platform over the past five months. This approach allowed us to quietly reward our actual users without attracting opportunistic participation. Our single, brief announcement was intentionally vague, ensuring that only dedicated community members and active traders would benefit, aligning with our long-term vision for Symmio’s growth and integrity. We believe this approach has been successful, and initial reports and analysis of our metrics support this outcome. As we move closer to the TGE and refine the platform’s user experience, our focus now shifts to expanding Symmio’s reach and recognition. This next phase will reward activities that generate awareness and foster deeper engagement, helping to build mindshare within the community and beyond.
The Season 1 points program was quietly launched on June 3, 2024, with an initial announcement on Discord linked here.
Since the launch, we’ve tracked user activity across all frontends, awarding points based on each user’s trading volume relative to the total volume on the platform. Each day, 60,000 points were distributed to users across all frontends over the five-month period, ensuring points allocation directly reflected each participant's actual trading activity.
In total 9,240,000 points were awarded.
Season 1 concluded officially on November 4, coinciding with the launch of the IntentX trading competition. For transparency, exact points per wallet have been published in our GitBook, and a live webpage displaying each user’s points balance is available.
30% of the total amount of tokens users have collected from Season 1 will be sent to their wallets on TGE, with the remaining 70% also being subjected to a vesting period. To ensure that rewards are given for continuous engagement and support of the project users will be required to perform a trade on our protocol in order to release the locked rewards. Read Airdrop Distribution for more details.
