What are AlphaSwap Credits?
Credits are the lifeblood of the AlphaSwap platform. They allow you to Generate or Vote on an investment idea.
AlphaSwap Credits Explained - Video
The Watermark, and How It Works
Your initial 1,000 credits forms your starting watermark.
You will only earn cash payouts on the credits that you generate over and above your ‘Watermark’.
If you lose credits from non-performing ideas, and dip under your initial watermark (ie under 1,000 credits), you will need to earn enough credits to go over 1,000 again in order to be eligible for cash payouts.
The way you earn more credits is through generating or voting on successfully performing ideas.
The reasons we keep a watermark are:
To encourage quality high conviction ideas and disincentivize high risk ideas.
To be able to reward based on true overall performance, not partial performance or unrealized performance
To facilitate a meritocratic ecosystem where everyone has the same level playing field.