Programs
Creator points, cash, milestone NFTs and Hookr Bux for trading or liquidity on Hookr pools: the modes, what a creator sets and how a day pays.
One program covers up to 8 pools. Anyone can create one, the creator or a sponsor.
Modes
| Mode | What it rewards |
|---|---|
| Instant | Creator points on each swap a trader opts into, at a fixed rate. Points only. |
| Daily swap | A share of each UTC day's budget of points and cash, by the trader's opted-in volume |
| Daily LP fees | A share of each day's budget, by the LP fees a position actually earned |
| Daily referral | A separate points budget, by the activity of traders a referrer brought |
What a creator sets
| Setting | What it takes |
|---|---|
| Dates | Whole UTC days, up to 366 |
| Pools | Up to 8, each with a fixed rate that turns its quote into program units |
| Points | A budget and a lifetime cap per wallet, or a rate per unit for instant programs |
| Cash | A token budget, funded in full when the program is created, with a lifetime cap per wallet. Daily swap and LP-fee programs only. |
| Milestone NFTs | Up to 16, each a points threshold with a fixed number of awards |
| Checker and reviewer | Two different accounts, with a review wait of 6 days to 30 days |
Opting in
A trader opts in by swapping through Hookr's router with the program's id, up to 8 programs a swap. Ordinary swaps never touch a program, so any wallet or app that routes through Hookr's router can enroll its users.
How a day is paid
- After the day ends, the checker posts its results within 90 days.
- The reviewer can veto them during the review wait. A vetoed day finalizes only with the reviewer's approval of one exact version.
- Once a day is final, people claim. Anyone can trigger a claim to the person who earned it.
A day nobody posts, or that stays vetoed, lapses after 90 days, and its cash goes back to the creator. Unused cash always goes back, and earned claims never expire.
Points, Bux and NFTs
- Points and Bux are counters that cannot be moved and promise no cash.
- Hookr Bux add up across every program Hookr approves. Hookr approves a Bux program before it starts, in two steps at least 30 minutes apart and within 14 days.
- A milestone NFT is claimed, never minted during a swap. Whether it can be transferred is fixed when the program is created.
Trust
The day's results are attested, not proved on chain. A creator who controls both the checker and the reviewer can zero days after people opt in, so read such a program as self-attested. Hookr takes no cut of a program.