# Agent Trader: Season One Grand Prix Rewards

#### Overview

Participants must maintain a minimum balance of 100 USDC over the Pre-Season window to qualify for bonus points. Falling below this threshold at any time results in ineligibility. 

* **Points Calculation Timeline**: Points will be calculated at the end of the Grand Prix season, which is set to be 14 days after the start of the Grand Prix season.
* Customer funds are not used by agent trader during grand prix season one. Agents are trading using Beep corporate funds

#### Bonus Points Calculation Formula

The bonus points can be calculated using the following formula:

* Bonus points = baseline **seasonPoints** × **agentReturnMultiplier** 

Where:

* **seasonPoints**: The baseline points accrued from agentic yield during the Grand Prix season 
* **agentReturnMultiplier**: The return percentage achieved by the agent trader.

To qualify for bonus points, the agent return must be positive, and the participant must maintain a minimum balance of 100 USDC throughout the Pre-Season.

#### Example Scenario

* **Initial Conditions**:
  * A customer sustains account balance of ≥ 100 USDC throughout Pre-Season.
  * Assumption: The agent trader yields a +50% return ((\text{agentReturn} = 0.50))
* **Sample Calculation for a User**:
  * #### **Assume one user earned:**
    * `seasonPoints = 200` from (baseline usdc lending pool return)
    * **Input**: ( \text{seasonPoints} = 200 )
      * **Bonus Points**: \[ \text{bonusPoints} = 200 \times 0.50 = 100 ]
      * **Total Points**: \[ \text{totalPoints} = 200 + 100 = 300 ]

#### Additional Notes

* **Default Opt-In**: Users with an account balance of ≥ 100 USDC at the beginning of Pre-Season are automatically considered opted in for beeper points multiplier bonus from agent trader
* **Eligibility**: Maintaining this balance throughout the Pre-Season and having a positive agent return are required to qualify for bonus points.