Rewards
Points are not currently being accrued. The rules below describe how the program works once it opens — the season schedule will be announced separately.
Points on Conviction accumulate in monthly epochs, with each epoch starting at 00:00 UTC on the 1st of the month. Your cumulative total carries over even as epochs change, and you can view both the current epoch and the all-time total at once on the leaderboard.
#Sign-up bonus
Depending on your referral status, the following points are credited immediately at sign-up.
| Case | Referral status | Sign-up bonus | First-trade bonus |
|---|---|---|---|
| A | No referrer + 0 referees | 0 | 0 |
| B | No referrer + 1 or more referees | 500 | +5,000 |
| C | Has a referrer + 0 referees | 1,000 | +10,000 |
| D | Has a referrer + 1 or more referees | 1,000 (same as C) | +10,000 (same as C) |
Case D (both referred and having invited someone) receives the same amount as Case C. The 5,000P from Case B is not added on top.
#Retroactive grant (one time only)
If you were Case A at sign-up and someone later signs up with your referral code, you transition to Case B (or D). At that point, the following are granted automatically, one time.
- Sign-up bonus 500P (if never received)
- First-trade bonus 5,000P (if you had already traded)
Bonuses already received are not granted twice, and no additional 5,000P is added on top after reaching Case D.
#Trading points
Every time you trade, 1 point per $1 of trade value is earned (in whole units).
- Daily cap: up to 1,000P per day (resets at UTC midnight)
- Monthly cap: up to 30,000P per month (calendar month = epoch basis)
- Volume above the cap is not converted to points and is forfeited (it doesn't carry over to the next day).
- Trades below $1 also accumulate, and the moment the running total crosses $1, 1P is earned.
- Trading points are combined with the sign-up/first-trade bonuses and reflected in your total on the leaderboard.
#Epochs
- Length: 1 month (UTC, starting at 00:00 UTC on the 1st of each month)
- Season: a fixed number of consecutive epochs, identified by sequential numbers
- The season start date and epoch schedule will be announced when the program opens
Your score within each epoch is shown alongside your current rank on the leaderboard.