Reward

Your reward for participating in the tournament

Beta

During the beta phase of Tournament features, we will give away a weekly prize of 100 USDT to the team with the highest score compared to our internal benchmark. If no team beats the benchmark in a given week, we will roll over the prize money into the following week's prize (so 200 USDT the next week if no one wins this week, and so on). This will continue until a team finally exceeds our benchmark and wins the accumulated prize money. The benchmark is created by our data scientists based on the Tournament model they have developed.

Release

Once the Tournament beta phase concludes, the reward structure will change. Instead of a single prize for the top performer, we will distribute weekly rewards to all users whose models contribute positively in a given week. The size of each user's reward will depend on the level of contribution from their model - the better a user's model performs, the more profit it generates for the Vault, and the larger their weekly reward will be.

The exact formula used to calculate rewards will be made public when the beta phase ends. But the core idea is that rewards will be distributed proportionally based on the performance of each user's model, rather than a single prize for only the top performer. This new system will reward all contributors, with greater rewards going to those whose models create more value.