PANews reported on March 21 that Backpack Exchange announced that the first season of the points season was officially launched. Users can earn points and improve their rankings through platform transactions, and point rewards will be distributed regularly every Friday. 475,000 users who participated in the pre-season and public beta stages have received the first batch of point incentives.
This points season uses multi-dimensional indicators to evaluate user behavior, including liquidity contribution, recommended trading volume, contract holdings, total account assets and lending activity, and filters abnormal trading data through algorithms to ensure ranking fairness. Backpack said that this season's activities will focus on rewarding real trading users. Previously, the platform achieved a total contract trading volume of US$7.03 billion in a one-month contract test.