Trade to Earn Program

The Trade to Earn program incentivizes active trading on both Rails Play and Rails Pro to potentially earn tokens and rewards. Here's how it works:

• Weekly Leaderboards: Compete with other traders and climb the weekly leaderboards to earn rewards. A weekly allocation of the token pool is distributed among the top 20 performers in both leaderboards (weekly Total PnL and Relative PnL growth), with higher rankings claiming the most tokens.

• Participation Rewards: Earn StableMEME tokens (Rails Play) or points (Rails Pro) as rewards for your active participation in trading activities and contributing to the platform's growth. These rewards are designed to encourage continuous engagement and skill development.

• Referral Program: Invite friends and fellow traders to join Rails Play and earn additional rewards through our referral program. By sharing your unique referral code, you can accumulate tokens and bonuses when your referrals actively participate on the platform.

By participating in our Trade to Earn program, you not only enhance your trading strategies but also contribute to the growth and stability of the Rails ecosystem while earning rewards for your active involvement.

Weekly Leaderboards

Rails features two weekly leaderboards, Total PnL and Relative PnL, to highlight top performing users and distribute rewards. These leaderboards are visible both publicly and within the Rails platform under the “Leaderboard” tab. Results for the current and previous weeks are always displayed.

Leaderboard Types

• Total PnL: Ranks users based on their total realized PnL within the week.

• Relative PnL: Ranks users by their realized PnL growth within the week, which is calculated as

$$Relative PnL = \Bigg ({Absolute\ PnL\ During\ Period \over max(500,Starting\ Balance + Deposits\ During\ Period)} \Bigg )$$

Weekly on Mondays at 12am UTC tokens are distributed and both leaderboards reset, providing a fresh opportunity for users to showcase their trading success.

Weekly Rewards

Each week, the most successful traders are rewarded with STABLE (Rails Play) or points (Rails Pro) based on their performance on the Total PnL and Relative PnL leaderboards. 50% of the token (or point) pool goes to the top 20 users on the Total PnL ($PnL) leaderboard and 50% the top 20 users on the Relative PnL (%PnL) leaderboard. Users can rank in the top 20 on both leaderboards, earning even more rewards.

Rails Pro

A weekly pool of 200,000 points is distributed to the top users, with higher rankings receiving more points. Points are distributed according to the following distribution formula:

$$P(r) = \Bigg ({(1-p) \over (1 - p^n)} \Bigg ) \cdotp p^{(r-1)} \cdotp (L*0.5)$$

Where:

• $P(r)$ is the points awarded to the user at rank $r$.

• $p$ is a constant between 0 and 1 that defines the distribution (0.8 in this case).

• $n$ is the total number of users (20 in this case).

• $r$ is the rank of the user.

• $L$ is the total point pool (200,000 points).

This approach ensures that the top-ranked users receive a significantly larger share of the points, while still distributing points to all top 20 users on both leaderboards as follows*:

Rank	$PnL Leaderboard Points	%PnL Leaderboard Points
1	40,474	40,474
2	32,373	32,373
3	25,898	25,898
4	20,718	20,718
5	16,575	16,575
6	13,260	13,260
7	10,608	10,608
8	8,486	8,486
9	6,789	6,789
10	5,431	5,431
11	4,345	4,345
12	3,476	3,476
13	2,780	2,780
14	2,224	2,224
15	1,779	1,779
16	1,423	1,423
17	1,139	1,139
18	911	911
19	728	728
20	583	583

*Note: this assumes there are 20 users who qualify. If there are less than 20 traders on the leaderboard with more than $0 in their P&L, the point distribution may vary.

Rails Play

A weekly pool of 100,000,000 STABLE tokens is distributed to the top users, with higher rankings receiving more tokens. Tokens are distributed according to the following distribution formula:

$$P(r) = \Bigg ({(1-p) \over (1 - p^n)} \Bigg ) \cdotp p^{(r-1)} \cdotp (L*0.5)$$

Where:

• $P(r)$ is the STABLE tokens awarded to the user at rank $r$.

• $p$ is a constant between 0 and 1 that defines the distribution (0.8 in this case).

• $n$ is the total number of users (20 in this case).

• $r$ is the rank of the user.

• $L$ is the total STABLE token pool (100,000,000 STABLE tokens).

This approach ensures that the top-ranked users receive a significantly larger share of the STABLE tokens, while still distributing tokens to all top 20 users on both leaderboards as follows*:

Rank	$PnL Leaderboard Tokens	%PnL Leaderboard Tokens
1	10,116,645	10,116,645
2	8,093,309	8,093,309
3	6,474,647	6,474,647
4	5,179,718	5,179,718
5	4,143,774	4,143,774
6	3,315,019	3,315,019
7	2,652,015	2,652,015
8	2,121,612	2,121,612
9	1,697,290	1,697,290
10	1,357,832	1,357,832
11	1,086,265	1,086,265
12	869,012	869,012
13	695,209	695,209
14	556,167	556,167
15	444,934	444,934
16	355,947	355,947
17	284,758	284,758
18	227,806	227,806
19	182,245	182,245
20	145,796	145,796

*Note: this assumes there are 20 users who qualify. If there are less than 20 traders on the leaderboard with more than $0 in their P&L, the token distribution may vary.