Frequently Asked Questions (FAQ)
How are tier levels calculated?
Tiers are determined by your rolling 30-day trading volume across all spot trading pairs on Yamata. Volume calculations are updated continuously in real-time, and your tier (including associated fee rates) adjusts automatically when your volume crosses tier thresholds. The system uses a rolling window, so older trading activity phases out as new activity is added, ensuring tiers accurately reflect current trading patterns.
When are YMTA rewards distributed?
YMTA rewards are distributed within 72 hours of each 30-day epoch conclusion. Your performance is continuously scored throughout the epoch using our weighted metrics system. At epoch end, your proportional share of the monthly reward pool is calculated and distributed. The instant portion (50%) becomes immediately claimable in your account, while the vested portion (50%) begins its 4-month linear unlock schedule with 25% becoming available each month.
Can I qualify organically and then apply formally?
Absolutely! Organic qualification through trading volume provides immediate access to the program benefits. If you later wish to formalize your status to access additional institutional benefits (dedicated account management, custom technical solutions, priority support), you can submit a professional application. Your existing performance history and volume will be considered in the formal review process.
What happens if my volume drops below my current tier threshold?
Tier adjustments are automatic and based on rolling 30-day volume calculations. If your volume decreases below your current tier threshold, your fee rates will adjust to match your new tier at the next calculation cycle (updated daily). There are no penalties or restrictions—you simply receive the benefits appropriate to your current volume level. When your volume increases again, you'll automatically move back to higher tiers.
How do I track my performance score?
All program participants have access to a comprehensive real-time performance dashboard showing:
Current Performance Breakdown: Live scoring across all four metrics (volume, spread, depth, uptime)
Relative Rankings: Your position compared to other program participants
Reward Projections: Estimated token allocation based on current performance
Historical Analytics: Complete performance history and rewards earned
Tier Tracking: Current tier status and progress toward next tier
Vesting Schedule: Timeline and amounts for all vested token rewards will be made available in a web portal
Are there minimum uptime requirements?
While there's no strict minimum uptime requirement, uptime accounts for 15% of your
performance score and directly impacts your YMTA reward allocation. We recommend maintaining at least 95% uptime for optimal rewards. Uptime is measured as the percentage of time you have active orders in the order book across your traded pairs. Brief maintenance periods and planned downtime are factored into the calculation to ensure fairness.
Can I participate from any jurisdiction?
Yamata operates as a decentralized, non-custodial protocol. Users maintain full custody of their assets at all times, and Yamata does not act as a custodian or financial intermediary. As with all DeFi protocols, participation is permissionless and available globally.
Important: You are responsible for ensuring your participation complies with applicable laws and regulations in your jurisdiction. We strongly recommend consulting with legal counsel regarding your specific situation, as regulatory frameworks for DeFi vary significantly by location.
What's the minimum volume to make the program worthwhile?
While any volume level benefits from our competitive fee structure, the combined value of fee savings and token rewards becomes increasingly significant at higher volumes. Market makers consistently maintaining above $1M monthly volume typically see meaningful benefits from token rewards. Those achieving Tier 4+ ($50M+) experience substantial combined value from both fee rebates and performance-based YMTA distributions. The program is designed to scale rewards with your commitment and contribution to platform liquidity.
How are performance metrics calculated in detail?
Maker Volume (40%): Total USD volume of maker orders filled during the epoch, weighted by pair liquidity needs.
Spread Tightness (25%): Time-weighted average of your best bid-offer spread compared to market spread, across all active pairs.
Order Book Depth (20%): Average liquidity provided at 1%, 2%, and 5% price levels from mid-market, measured continuously.
Uptime (15%): Percentage of epoch time with active maker orders, calculated per pair and weighted by pair importance.
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