Voltage Points and FAF Rewards System

🚨 Important System Update

Starting with Epoch 4 (Current): Flash Trade has implemented a new hybrid reward system.

Registration Required: Non-stakers must register to participate in the VP program and earn epoch rewards.

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Current System (Epoch 4+)

Overview

Flash Trade now uses a hybrid reward system that combines FAF staking with activity-based Voltage Points. This system rewards both holding staked FAF tokens and actively using the platform.

Two-Tier Participation Structure

The system has two participant categories with different earning rates and reward calculations:

• Staked FAF Holders: Users who stake FAF tokens and use the platform

• Non-Staked Participants: Users who register and use the platform without staking FAF

VP Earning Rates by Activity and Staking Status

Activity	Staked FAF Holder	Non-Staked Participants
Trading Volume	1 VP per $1	0.5 VP per $1
LP Fees Earned	100 VP per $1	100 VP per $1
Referral Rebates	400 VP per $1	400 VP per $1

Registration Requirement

Important: Non-staked participants must register for the VP program to be eligible for rewards. Without registration, no VP will be earned regardless of activity level.

Current Reward Distribution

For Staked FAF Holders

Staked FAF holders get rewards through a 50/50 split:

Final Rewards = (Stake-Based Rewards × 50%) + (VP-Based Rewards × 50%)

Where:

• Stake-Based Rewards = (Your FAF Stake / Total FAF Staked) × Stake Reward Pool

• VP-Based Rewards = Based on your VP ranking among all participants

• Minimum Requirement: VP > 0 (no activity = no rewards)

For Non-Staked Participants

Non-staked participants get rewards based only on activity:

Final Rewards = VP-Based Rewards only

Where:

• Effective VP = Earned VP × 0.5 (50% penalty applied)

• Rewards based solely on effective VP ranking position

• Registration Required: Must register to participate

How to Register for Non-Stakers

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Earning Voltage Points

Registration Process (Non-Staked Users)

You must complete registration through the Flash Trade platform to begin earning VP and be eligible for epoch rewards.

Activities that Generate VP

1

Trading Activity

Perpetuals trading volume across all supported markets

2

Liquidity Provision

• Fees earned from FLP/sFLP liquidity provision

• Includes fees from all Flash Trade pools

3

Referral Program

Rebates earned from users you referred to the platform

Epoch Cycle

Each epoch runs for exactly 30 days, during which:

1. VP Accumulation: Users earn VP through platform activities

2. Dynamic Competition: Rankings update based on performance

3. Epoch End: Final VP totals determine rewards

4. VP Reset: All VP resets to zero

5. New Epoch: Next period starts immediately

Timing Considerations

• Early Participation: Starting VP accumulation early in an epoch provides more time to climb rankings

• Consistent Activity: Regular engagement helps maintain rank position

• End-of-Epoch Push: Final days often see increased competition as users vie for higher ranks

Strategic Implications

For Current System (Epoch 4+)

Staked FAF Holders

1. Trading Advantage: 2x VP rate on trading volume

2. Equal Opportunity: Same LP and referral rates as non-stakers

3. Dual Rewards: Both stake-based and activity-based rewards

4. Activity Requirement: Must maintain VP > 0 for any rewards

Non-Staked Participants

1. Must Register: Registration required before earning any VP

2. Trading Disadvantage: Half the VP rate on trading volume

3. Equal LP/Referral Rates: Same earning potential as stakers for these activities

4. 50% VP Penalty: Only half of earned VP counts toward rankings

5. Focus Strategy: Emphasize LP provision and referrals for maximum efficiency

Risk Management

• Monitor your rank position regularly throughout the epoch

• Don't chase rankings at the expense of sound trading decisions

• Remember that VP multipliers enhance existing FAF rewards - ensure you have meaningful staking positions

Important Requirements

Current System Requirements

• Staked FAF Holders: Must have VP > 0 to receive any rewards

• All Participants: VP cannot be transferred between wallets

• Competition: Rankings are relative to all participants

Registration

• Non-staked users must register to participate in the VP program

• Registration is a one-time process per wallet

• Without registration, no VP will be earned from any activity

System Evolution

Flash Trade's reward system has evolved to better balance capital commitment and active participation. The current hybrid approach ensures fair opportunities for different types of users while maintaining competitive incentives.

Future Changes: The system may continue to evolve based on community feedback and platform development, following Flash Trade's governance processes.

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Legacy Ranking System (Epoch 1-3)

Overview

The original Voltage Points system used competitive multipliers applied to FAF staking rewards. VP tracked platform engagement and translated it into bonus rewards at the end of each 30-day epoch.

Legacy VP Earning Rates

All users earned VP at the same rates regardless of staking status:

Activity	VP Rate	Description
Trading Volume	1 VP per $10	Cumulative perpetuals trading volume
LP Fees Earned	50 VP per $1	Fees generated from liquidity provision
Referral Rebates	250 VP per $1	Rebates from users you referred

Legacy Ranking System

Rankings were distributed across six tiers based on percentile performance:

Rank multipliers

Rank	Percentile Threshold	Reward Multiplier
Rookie	Top 35%	1.0x
Degenerate	Top 30%	1.2x
Flow Master	Top 15%	1.4x
Ape Trade	Top 12%	1.6x
Perp King	Top 5%	1.8x
Giga Chad	Top 3%	2.0x

Dynamic Competition

Since rankings are percentile-based, your position can change throughout the epoch. Consistent activity helps maintain or improve your rank, while periods of inactivity may result in rank decline as other users accumulate more VP.

Legacy Reward Calculation

How Multipliers Apply

At the end of each epoch, your VP total determines your rank, which sets your reward multiplier. This multiplier applies to your FAF staking rewards:

Your Rewards = (your_time_weighted_stake × your_vp_multiplier × total_epoch_rewards) / Σ(each_time_weighted_stake × corresponding_vp_multiplier)

What this means:

1. Your time-weighted stake = How much FAF you had staked and for how long during the epoch

2. Your VP multiplier = 1.0x, 1.2x, 1.4x, 1.6x, 1.8x, or 2.0x based on your VP tier

3. Total epoch rewards = The total FAF rewards available for that epoch

4. Denominator = Sum of everyone's (stake × their VP multiplier)

Why this matters:

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This documentation covers both current and legacy systems. Always refer to the current system (Epoch 4+) for active participation.