SYMMIO Points
Last updated
Last updated
All rights to the people (c) 2023 Symmetry Labs A.G.
Symmio Points program was officially stealth-launched on June 3, 2024, with an initial vague announcement on Discord, specially designed to reward loyal users for their meaningful contributions to the ecosystem. Now, with the launch of IntentX Trading Olympics on November 4, coinciding with the public release of Symmio v0.84, this program takes a new, more impactful shape. Throughout this ongoing campaign, points will represent each userâs commitment and activity within the Symmio ecosystem, creating a transparent track record of genuine engagement.
To maintain the integrity of the Symmio Points campaign, we will not disclose the exact calculation or distribution methods for points. This intentional vagueness is designed to prevent gaming of the program, ensuring that points reflect genuine engagement rather than exploitative behavior. Our aim is to reward authentic contributions that truly benefit the Symmio ecosystem.
The Symmio team believes that using points as a tool to attract users to an underdeveloped product is indeed outdated. Points should reward and incentivize users who genuinely enjoy and love using the platform, not simply attract participants who are only interested in farming rewards to boost metrics of a cardhouse like structure. This belief is why we held off on publicly promoting our points program until we were fully confident in the platformâs quality. Now, with the launch of the IntentX Trading Olympics, our confidence in the product has never been stronger, and weâre excited to reward users who value what Symmio has to offer.
The Symmio Points program is a rewards system aimed at acknowledging and incentivizing users, contributors, and believers in the Symmio project as we move towards our Token Generation Event (TGE). Over the next four months, users can earn points through a range of activities within the Symmio ecosystem, including:
Trading Competitions: Users can participate in trading events to compete for points, rewarding their active engagement and volume generated on Symmio frontends.
Platform Usage Rewards: Users who generate volume by actively trading and using the Symmio platform will be credited points, incentivizing regular usage.
Ecosystem Token Holding Rewards: Points will also be distributed to those who hold Symmio ecosystem tokens, encouraging loyalty and commitment to the projectâs growth.
Just engage with Symmio: As we did in Season 1, weâll continue to keep the requirements for earning points intentionally vague. Rather than focusing on specific targets, simply be an active community member, engage with the Symmio ecosystem, and share its vision with others. Genuine involvement and contribution wonât go unnoticedâpoints will be awarded to those who truly embody the spirit of Symmio.
The Symmio Points program was created to reward and benefit our most loyal users as well as also aiming to attract new participants, broadening our community and encouraging engagement as we approach TGE designed to recognize early supporters while welcoming fresh contributors into the Symmio ecosystem.
An airdrop of $SYMM tokens will be allocated based on the points earned, with the specific amount remaining undisclosed to keep expectations manageable. Our goal is to under-promise and over-deliver, ensuring that loyal participants feel valued and rewarded as Symmio moves forward.
As Symmio does not operate a frontend, weâre committed to empowering our ecosystem builders by directly supporting their initiatives. By providing $SYMM to our frontend partners, like IntentX, we enable them to design and fund their own incentive programs. This approach not only fosters independence but also allows each frontend to create tailored experiences that resonate with their user base. We plan to extend this support to other frontend partners as well, and once the Symmio DAO is established, we envision these grants being distributed regularly, ensuring consistent backing for the broader Symmio ecosystem.
For the latest on our TGE timeline, please follow the governance discussions in the Symmio Discord. A governance vote is planned to establish the DAO, paving the way for the token launch. Once the DAO finalises the TGEâs technical requirements, token development will begin, followed by an audit and then launch. This schedule may adjust based on community decisions or emerging challenges. Weâll provide bi-monthly updates to keep everyone informed.
3rd of June till 4th of November.
4th of November till 3rd March 2025.
(ONGOING)
(COMING SOON)