Liquidity Rewards
Makers earn rewards from a defined share of taker fees.
What Increases Rewards
- fills closer to market midpoint
- more meaningful executed size
- consistent participation over payout periods
Fee-Equivalent Weighting
Speculite uses a maker fee-equivalent weighting model for fill-level contribution:
fee_equivalent = size * price * k * (price * (1 - price))^2
Where k is a configurable program parameter.
Allocation Concept
Each maker receives a pro-rata share of the maker reward pool based on total fee-equivalent contribution during the period.