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Reya Chef
@coveragic
1/10 Curious to learn how to MAX your Rank and XP on Reya Network? Here’s a quick overview to understand the program fundamentals and help you maximize benefits. Ready to Rank up? Let’s go! 👇🧵
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Reya Chef
@coveragic
2/10 🏆 Ranks TLDR: Higher 🏆 Rank = More 🎁 Benefits! Ranks are determined by XP, and will determine your benefits and voting power. Your Rank at the end each Week and Season is what matters most! Compete to level up you rank! 🏆
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Reya Chef
@coveragic
3/10❓How do you Rank? Progress through ranks by earning XP relative to other users, with the top and bottom 10% of wallets leveling up or down during weekly ranking events each Monday at Midday GMT. Bookmark the Leaderboard: https://reya.network/leaderboard
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Reya Chef
@coveragic
4/10 Go Claim Your Rank! You can now claim your rank [IF] you’ve already earned XP [AND] you've joined the Reya Discord Server. Go Claim Your Rank: https://app.reya.xyz
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Reya Chef
@coveragic
5/10 ✨ Experience (XP) TLDR: More ✨ XP = Higher Rank! 🏆 XP is the core metric that rewards your contributions. You earn XP through action and holding-based activities, whether you're trading or staking.
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Reya Chef
@coveragic
6/10❓How do you earn XP? Traders: - ACTION > At point of trade: Earn 1XP per $10 of notional traded in XP! -HOLDING > For Open Interest (OI): Earn 1 XP per $10,000 of OI per minute. Remember, you have up to 20x leverage on your capital! Stakers: - ACTION > At point of deposit: Earn XP just by staking funds! - HOLDING > For capital Staked: Earn 1 XP per $1,000 of LP capital every minute!
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