Season 1: Coinbase Data

The focus of Season 1 is on Coinbase data contributions. Early contributors are rewarded for sharing their trading data, proportional with the value their data brings to the dataset overall. The data tokenomics reward users who join earlier more through a halving schedule, and reward those with more trading volume.

Halving Schedule

  • Initial: Full rewards (~$0.30 per point)

  • 10k-100k users: 50% rewards ($0.15 per point)

  • 100k-500k users: 25% rewards ($0.075 per point)

  • 500k-1M users: 12.5% rewards ($0.037 per point)

  • 1M-2M users: 6.25% rewards ($0.019 per point)

Points System

Base Points:

  • 0 points: Verified Coinbase account connected, with at least $1 in trading volume before December 1, 2024. Real-time data is included as part of the data contribution, but the cutoff date is designed so new accounts are not accepted.

Trading Volume:

  • $100: 5 points

  • $1,000+: 25 points

  • $10,000+: 50 points

  • $100,000+: 150 points

  • $1,000,000+: 500 points

Trading Activity:

  • 1.2x multiplier: 10+ trades monthly

  • Portfolio diversity:

    • 5+ assets: 10 points

    • 3-4 assets: 30 points

  • Historical data:

    • 1+ year: 50 points

    • 3+ years: 100 points

  • Loss Recognition:

    • 500 additional points: Verified losses over $1M

    • 50 additional points: Verified losses over $100k

  • Active Position Rewards:

    • 50 points: Monthly positions held 7+ days

    • 200 points: 6+ month positions

    • 100 points: 3+ concurrent positions

All rewards are distributed weekly based on points earned. Early contributors benefit from higher reward rates before halvings occur. Points earned never expire, but their token value follows the halving schedule as our community grows.

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