Forkast Knowledge Center
Platform Rewards
Liquidity Incentives
4 min
introduction what are liquidity rewards? liquidity rewards are usdc payouts provided to users for placing limit orders that sit on the order book and make trading smoother for everyone more resting orders in the order book = steadier prices, faster matches, and a better trading experience for all importance of liquidity usdc rewards are provided for placing qualifying resting orders within eligible markets, as specified on the https //forkast gg/rewards you can also check your accumulated rewards for the day on the rewards page these rewards accumulate continuously while a resting order remains active in an eligible market payouts are processed automatically to your wallet daily at midnight utc rewards play a key role in enhancing order book depth and minimizing price volatility, leading to better trade execution for everyone when more users contribute liquidity at similar price levels, the daily reward pool is shared among a larger group, resulting in smaller individual shares conversely, when fewer users participate, each contributor receives a larger portion of the rewards for those seeking a deeper dive into the mechanics of reward calculations, explore detailed technical examples docid\ ngabbusl smfvs9oydnyy how can i tell if my order is earning liquidity rewards? it's simple! look for a small gift box icon next to your order on the market's order book, as shown in the example below alternatively, visit the global rewards page to see if youโre earning rewards and identify which markets they apply to key definitions liquidity the pool of buy and sell orders that makes it easy to trade without moving the price much limit order an instruction to buy or sell only at a specific price or better, never worse resting order a limit order that stays on the order book waiting to be matched instead of filling right away order book a live list of all current buy and sell orders at different prices for a market bids (buy orders) offers from buyers showing the highest prices theyโre ready to pay and how much they want asks (sell orders) offers from sellers showing the lowest prices theyโre willing to accept and how much theyโll sell for those seeking a deeper dive into the mechanics of reward calculations, explore detailed technical examples docid\ ltw3bmn hafadjbk7zekv