> For the complete documentation index, see [llms.txt](https://limitless.gitbook.io/limitless/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://limitless.gitbook.io/limitless/incentives-and-tokenomics/lmt-points.md).

# 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.&#x20;

### 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.&#x20;

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&#x20;
2. Advanced LP(provide liquidity to pools directly and hold the position)
3. Buy and hold [Limweth](/limitless/intro/limweth.md)
4. Invite others [using your referral code](/limitless/incentives-and-tokenomics/referrals.md) to earn 30% of your referees' earned LMT.

### Details

The high-level formula for calculating distributed LMT is as follows:&#x20;

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

<figure><img src="/files/RuMXh4v82oSBuYAcICMp" alt=""><figcaption></figcaption></figure>

1. **Referral** LMT: These are earned every block and are calculated using: $$ReferralLMT=ReferralMultiplier×(RefereeTradingVolume+RefereeLPActivity)$$. &#x20;

   This means your referral LMT is proportional to your referees' total activity.&#x20;
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.&#x20;
   1. Whenever you **collect your fees and premiums** on your advanced LP position page, your LP LMT goes up.&#x20;
   2. The **longer and the more LLP you hold in your wallet**, the more LP LMT you receive.&#x20;
