Rewards System
Discover all the ways to earn points and medals, and how to claim your rewards.
Last updated
Discover all the ways to earn points and medals, and how to claim your rewards.
Last updated
Here’s a detailed explanation of IKKA’s Rewards system. Below is a table summarizing each award and typical examples of prizes you can win.
Title
Condition
Typical Prizes
Distribution Method
Perfect Bid
Exact match with the median (Consensus Price)
1 Honor Medal (NFT)
Each winner receives 1 medal
Golden Rim
Closest bid to the median with a different price
20 USDC & 2000 KRT
Shared equally among winners
Silver Rim
Second closest bid to the median with a different price
10 USDC & 1000 KRT
Shared equally among winners
Top Tier
Top bids close to the median (10%–20% win rate)
5 USDC
A fixed amount for each winner
The award titles and conditions are fixed. However, the threshold for Top Tier Awards and the quantity of prizes vary depending on the Lot. You can check these details on the Lot’s detail page under the Prize Pool section.
For a breakdown of the prize pool, navigate to the Details section within the Prize Pool page.
