Points Contest

The TRUE Points Contest is the competitive layer of the TRUE Points program — a tiered, leaderboard-based rewards structure that distributes a prize pool to the most active and loyal TRUE users each contest period. It is designed around a simple principle: genuine use earns points, points determine tier, tier multiplies rewards, and the prize pool is distributed proportionally so no single user can capture the entire pool.

What it is

The Points Contest is a recurring rewards competition that runs on top of the TRUE Points earning system. Users accumulate points through platform activity — trading, referrals, and streaks — and those points are used to rank users on a global leaderboard. Each user’s leaderboard position is weighted by a tier multiplier, and at the end of each contest period, the prize pool is distributed proportionally based on weighted scores. The system is designed so that steady, consistent participation compounds over time, while occasional bursts of activity cannot game a disproportionate share of the pool.

Who it’s for

• Active traders who want to maximize their earnings from genuine platform use and compete for contest prizes.
• Consistent users who build daily streaks and referral networks over time and want to understand how those activities translate into contest standing.
• Community builders who refer friends and want to understand the long-term commission mechanics that reward successful referrals.

How it works

Earning points

Points are earned through three core activities:

Trading. Swaps executed through the TRUE platform generate points at a rate proportional to the notional USD value traded. Swaps executed via the UI and swaps executed through automated agent strategies both earn points, though the rate per dollar differs between manual and agent-executed trades. For smaller trades where the notional value falls below the per-swap earning threshold, the value is carried forward and accumulates until a full earning unit is reached — small traders are not penalized for trading in smaller sizes.

Referrals. Inviting new users to TRUE earns points through two mechanisms. A direct bonus is earned when a referred user joins and completes their first qualifying trade. A lifetime commission of 10% of the referred user’s future points earnings activates when the referred user crosses the Qualified Referral threshold (500 points earned), confirming they are a genuine, active participant. Commission earnings continue for as long as the referred user remains active on the platform.

Activity streaks. Maintaining a continuous record of meaningful platform engagement — at least one qualifying action per day — earns milestone bonuses at 7-day intervals. Up to three milestones are available, capped to ensure streaks reward consistency rather than compounding indefinitely. A qualifying action is a chat turn, a watchlist update, a signal review, a swap, or any other platform interaction that demonstrates genuine engagement.

Caps and fairness

Point earnings are capped to prevent a small number of high-volume users from dominating the pool. The cap applies across all earning paths combined, on a rolling window basis. The rolling window slides continuously — heavy use at the start of a period does not cut off earning for the rest of it. This design lets consistent daily users accumulate meaningful points over time rather than being locked out after a single burst of activity.

Tiers and multipliers

Users are placed in tiers based on their total accumulated points. Each tier carries a multiplier applied to points when calculating the weighted leaderboard score used for prize distribution.

Tier	Points range	Multiplier
Bronze	1,000 – 4,999	1.0×
Silver	5,000 – 19,999	1.5×
Gold	20,000 – 99,999	2.5×
Diamond	100,000+	5.0×

Tier placement is based on all-time points, not single-period points. This rewards long-term commitment while still allowing the weighted leaderboard position to be influenced by recent activity — a Diamond-tier user who is inactive in a given period will have a lower weighted score than a Gold-tier user who is highly active.

Leaderboards

Two leaderboard views are available:

• All-time leaderboard — ranks users by total accumulated points. This reflects long-term platform loyalty.
• Weekly leaderboard — ranks users by points earned in the current rolling 7-day window. This reflects recent activity and gives users without long histories a fair shot at weekly recognition.

Both leaderboards display the user’s display name, tier badge, and point total. Users with private profiles appear on the leaderboard with a masked identity (wallet address abbreviated) if their all-time points place them in the ranked set — points-based leaderboard position cannot be hidden while earning points publicly.

Prize distribution

At the end of each contest period, the prize pool is distributed among leaderboard participants proportionally by weighted score:

user_prize = (user_weighted_score / total_weighted_score_of_all_participants) × prize_pool

A user’s weighted score is their points earned during the contest period multiplied by their tier multiplier. This means a Diamond-tier user who earns 10,000 points in a period contributes 50,000 weighted score units (10,000 × 5.0), while a Bronze-tier user who earns the same raw points contributes 10,000 units. Higher tiers earn proportionally more from the same activity — rewarding the investment made in reaching those tiers.

Prize pools and contest periods are announced in advance. The current prize pool and contest end date are visible on the Points dashboard.

Referral sharing

Each user has a unique referral link. Sharing the link through the contest share page sets a referral cookie on the new user’s browser session. When the new user connects their wallet and completes their first qualifying trade, the referral is recorded against the referrer’s account. The referral link is not time-limited, but the cookie follows standard browser cookie rules — clearing browser data clears the cookie.

The rules it enforces

• Rolling cap enforcement. The points earning cap is enforced per wallet on a continuously sliding window. The system checks the cap atomically at the moment of each credit, using database-level locking to ensure no two simultaneous events can both beat the cap check. There is no way to exceed the cap through concurrent activity.
• Idempotent event processing. Every points-earning event carries a unique identifier. If the same event is submitted twice (due to a retry, a duplicate webhook, or a network issue), only the first occurrence is credited. Duplicates are rejected before any credit is applied.
• Qualified referral threshold. The 10% lifetime commission on a referred user’s points does not activate until the referred user has earned 500 points. This threshold confirms the referred user is a genuine, active participant — not a sybil account created solely to funnel commission earnings.
• Reverse-swap detection. A swap immediately reversed within the protection window does not earn points for either leg. The detection window and logic are not published, as publishing them would allow the rule to be gamed precisely at its boundary.
• Sybil detection on referrals. Referral clusters that exhibit the behavioral signatures of sybil farming — shared funding sources, synchronized activity timing, correlated device signals — are flagged for review. Confirmed sybil bonuses are reversed, and repeat offenses result in account-level enforcement.
• Contest outcome immutability. Once a contest period closes and prizes are calculated, the distribution record is permanent. It is not retroactively adjusted for points reversals that are processed after the close.
• No self-referral. A user cannot refer themselves by creating a second account. Self-referral attempts are detected through device and behavioral signals and are not credited.

Safety, security & trust

Transparent earning history. Every point credit and debit is recorded with a reason, a timestamp, and a trace ID. Users can review their full earning history from the Points dashboard. Reversals carry a reference to the original credit they reversed.

Atomic cap enforcement. The rolling-window cap is enforced using database-level locking on the user record at the moment of each credit. This prevents any race condition where concurrent events could both pass the cap check and result in an over-credit.

No financial value representation. TRUE Points are not a financial instrument. They are not transferable between accounts, not redeemable for cash directly, and not a securitized claim. Contest prizes are denominated in USDC and distributed separately based on the published prize schedule.

Prize calculation verification. The prize distribution formula is applied mechanically to the final leaderboard state at contest close. The formula, the inputs, and the outputs are available to participants. There is no discretionary adjustment to prize amounts after the formula is applied.

Anti-gaming detection adapts. Detection rules for reverse swaps, sybil referrals, and other abuse patterns are updated as new gaming patterns emerge. The platform does not publish exact thresholds or detection logic because doing so would reduce their effectiveness. The existence of the rules and their general mechanics are documented; their precise parameters are not.

Why it’s well thought through

Proportional distribution prevents winner-takes-all. Because prizes are distributed proportionally by weighted score rather than by rank, a user who finishes 50th earns a meaningful fraction of the pool — not zero. Every genuine participant shares in the prize pool. This design removes the incentive to game rank at the margins and rewards consistent participation across the full distribution.

Tier multipliers reward long-term investment. The tier system means that users who have built up a large points balance over time receive a structural advantage in prize weighting. This rewards loyalty in a tangible way — long-term users are not at a disadvantage compared to new users who happen to be very active in a single period.

Streak mechanics reward regularity over bursts. The streak bonus structure caps at three milestones and resets if broken. This rewards users who show up consistently rather than users who binge-use the platform for a single week and then disappear. Consistent users are more valuable to the platform and to the community — the points structure reflects that.

Carry-forward prevents small-trader penalization. The carry-forward system for small trades ensures that users who trade in smaller amounts accumulate earning credit proportionally rather than falling below a per-swap threshold and earning nothing. This makes the points system accessible regardless of trade size.

Common questions

How is the prize pool funded? Prize pools are funded by TRUE from platform revenue. The size of each contest’s prize pool is announced at the start of the contest period. Current and historical prize pools are visible on the Points dashboard.

When are prizes distributed? Prizes are calculated immediately after a contest period closes and distributed to winners within the timeframe specified in the contest announcement. Prize distributions are denominated in USDC and sent to the wallet associated with the winner’s account.

Do I need to claim my prize? Prizes are distributed automatically to the winning wallet address. No manual claim action is required.

What counts as a qualifying action for a daily streak? Any genuine platform engagement: a chat turn, a watchlist update, a signal review, a swap, staking an asset, or any other interaction that registers as a meaningful session. Passive sessions (opening the app without any action) do not count.

Can I see my weighted score on the leaderboard? The leaderboard displays raw points totals and tier badges. The weighted score used for prize calculation is derived from the tier multiplier table above and your points total for the period.

What happens to my points if I close my account? Unredeemed points are forfeited on account closure. If you are in a position to receive a prize from a recently closed contest, contact support before closing your account.

Do referral commissions stack if a referred user also refers others? No. The 10% commission applies to the direct referral relationship only. You earn commission on your direct referrals’ points — not on the points earned by their referrals.

Can I participate in the Points Contest without trading? Yes. Streak bonuses and referral bonuses are both independent of trading activity. However, trading is the highest-volume earning path, so participants who only earn through streaks and referrals will have lower point totals and lower weighted scores than active traders.

Related features

• Points & Rewards — the full earning mechanics, caps, and anti-abuse rules underlying the contest.
• User Profile — leaderboard display names and badges come from your profile.
• Swaps — the primary trading earning surface for contest points.
• MCP — the get_points_balance tool exposes your balance to MCP clients.