Incentives
Incentives
Overview
An incentive defines how participants compete and how rewards are allocated. Incentives are campaign wrappers that organize your reward distributions, connecting queries, distribution logic, and token budgets into a cohesive reward program.
Incentive Types
Torque supports four types of incentives, each designed for different use cases:
Leaderboard
Rewards based on ranked position
Top 10 traders get rewards based on volume
Competition-driven engagement
Rebate
Rewards based on calculated metric
Users get .5% back on trading fees
Volume incentivization
Raffle
Random selection from qualified users
100 winners from active users
Community engagement
Direct
One-off rewards not tied to incentives
Quickly distribute rewards to users based on your file
Quick use
How Incentives Work
Epochs and Distribution Cycles
Incentives operate on a cycle called an epoch. Each epoch follows this flow:
Query Execution - Your query runs to identify qualifying participants
List Generation - Torque creates an immutable snapshot of addresses and allocations
Review & Approval - You review the list and can make adjustments if needed
Distribution - Rewards are distributed via claim or airdrop
Important: Once an epoch starts, you cannot change the query or incentive mechanics. All updates will take effect in the next epoch.
Incentive Configuration
Frequency Settings
Frequency
Recurring / One-off
Campaign frequency
Weekly competition vs single event
Start Date & Time
Date/Time picker
When campaign begins
Jan 15, 2024 9:00 AM UTC
End Date & Time
Date/Time picker
When campaign ends
Jan 22, 2024 9:00 AM UTC
Distribution Frequency
Daily / Weekly / Monthly
For recurring distributions
Weekly leaderboard resets
Distribution Settings
Method
Claim / Airdrop
How users receive rewards
User choice vs automatic
Claim Window
1-72 hours
How long claim stays active
Flexibility for user schedules
Claim Open Time
Configurable
When claims become available
Coordinate with announcements
Creating an Incentive
Step 1: Choose Your Type
Select the incentive type that matches your goal:
Leaderboard for ranked competitions
Rebate for performance-based rewards
Raffle for random / weighted randomization selection
Direct for one-time distributions
Step 2: Configure Schedule
Set your campaign timing:
Choose Recurring for ongoing programs or One-off for single events
Set start and end dates
For recurring incentives, choose your distribution frequency
Step 3: Connect Your Query
Select an existing query or create a new one
Ensure your query returns the required columns (
addressandscore/amount)Preview results to verify accuracy
Step 4: Set Distribution Parameters
Choose your distribution method (Claim or Airdrop)
Set token type and budget allocation
Configure claim windows if using the Claim method
Step 5: Review & Launch
Preview your configuration
Review the generated list for the first epoch
Launch when ready
Incentive Properties
Reusability: One query can power multiple incentives with different distribution logic
Immutability: Lists are locked once an epoch begins
Update Cadence: Changes to recurring incentives take effect in the next epoch
History Tracking: All incentive changes are logged for audit purposes
Example: Weekly Trading Leaderboard
Let's say you want to reward your top traders each week:
Type: Leaderboard
Frequency: Recurring
Distribution Frequency: Weekly
Query: Top traders by volume
Distribution: Top 10 get tiered rewards (1st place gets 1000 tokens, 2nd gets 750 tokens, etc.)
Method: Claim (72-hour window)
Each Monday at 1200 AM UTC, the query runs, generates a new list, and distributor. The team would need to go in and fund the distributor to launch the distribution.
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