The first season of the Backpack exchange's points season has officially launched, and 475000 users have received the first batch of point incentives

The Backpack Exchange announced the official launch of the first season of the points season, where users can earn points and improve their ranking through platform trading. Points rewards will be distributed regularly every Friday. The 475000 users who participated in the pre season and public beta phases have received the first batch of point incentives. This points season uses multidimensional indicators to evaluate user behavior, including liquidity contribution, recommended trading volume, contract holdings, total account assets, and lending activity. At the same time, abnormal trading data is filtered through algorithms to ensure ranking fairness. Backpack stated that this season's event will focus on rewarding real trading users. Previously, the platform achieved a total contract trading volume of $7.03 billion during a one month contract testing.