LMT(Points)

Limitless introduces a dynamic user loyalty system, tier-based multipliers, and diverse ways to earn LMT points. LMT Points are not only a measure of user engagement but also a direct path to earning rewards within the ecosystem.

LMT is updated everyday, based on the user's activities.

LMT Economics

The total LMT distributed will be capped at 1 billion. When all available LMTs have been distributed, this will mark the end of the LMT campaign.

The LMT rewards will decay over time and you will receive fewer rewards as the campaign takes place and being early will result in the highest number of LMT rewarded.

Earning LMT

How to earn

1. Trade

2. Advanced LP(provide liquidity to pools directly and hold the position)

3. Buy and hold Limweth

4. Invite others using your referral code to earn 30% of your referees' earned LMT.

Details

The high-level formula for calculating distributed LMT is as follows:

$LMT=TotalMultiplier×(ReferralLMT+TradingLMT+LPLMT)$

1. Referral LMT: These are earned every block and are calculated using: $ReferralLMT=ReferralMultiplier×(RefereeTradingVolume+RefereeLPActivity)$.

   This means your referral LMT is proportional to your referees' total activity.

2. Trading LMT: Proportional to your trading volume across all pairs.

3. LP LMT: Proportional to the amount provided as an LP + time-weighted amount Limweth held in your wallet.

   1. Whenever you collect your fees and premiums on your advanced LP position page, your LP LMT goes up.

   2. The longer and the more LLP you hold in your wallet, the more LP LMT you receive.