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HFT
Background
Allocation and Distribution
Release Schedule
Community Incentives
Rewards Timeline
Early Contributor Rewards (NFT Holders)
Trading Rewards
NFT Staking Rewards
Market Making Rewards
LP Rewards
Community Treasury
Market Making
Getting Started
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Market Making Rewards
A total of 0.125% of the total HFT supply (1,250,000 HFT before inflation) will be reserved for market making rewards each month.
The rewards that each market maker will receive is computed pro-rata based on a market maker HashScore. The score is computed based on a formula which assigns weights to pool liquidity and LP yields. The initial weighting will be 0.4 for trading volume and 0.6 for LP yields in order to incentivize the growth of the protocol's TVL. This can be later changed by governance after observing market making data.

Full Formula:

Variable
Description
​
vpv_p
​
Monthly volume of pool 'p'
​
VpV_p
​
Total monthly volume across all pools
​
ypy_p
​
Monthly yield generated by pool 'p'
​
YpY_p
​
Total monthly yield across all pools
​
hsmhsm
​
Market Maker's hashscore
hsm=0.4vpVp + 0.6ypYp hsm = {0.4v_p \over V_p} \space + \space {0.6y_p \over Y_p}
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Full Formula: