> For the complete documentation index, see [llms.txt](https://docs.atoma.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.atoma.fi/strategy/points.md).

# Points

Perpetual venues run points programs that reward trading activity. Points earned by the vaults' trading are distributed to depositors.

![Points](https://1248180640-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fbixb58v1nJ6JAZwGeVWQ%2Fuploads%2Fgit-blob-b34a6b1bfd055105dc849f54a96d9210367f415d%2F03_points.png?alt=media)

## How points are distributed

{% stepper %}
{% step %}

#### The vault earns points

Venue points programs credit points to the vault's accounts on each venue for its trading activity.
{% endstep %}

{% step %}

#### Atoma records each period

For every venue and distribution period, Atoma records the number of points the vault received.
{% endstep %}

{% step %}

#### Points are allocated

20% go to Atoma as the performance fee. The other 80% are split between depositors by time-weighted share balance: the number of shares held, multiplied by how long they were held during the period. Shares count from the deposit until the withdrawal request.
{% endstep %}

{% step %}

#### Points appear in the app

Each depositor's points per venue, and the history of every distribution, are shown in the app for the connected wallet.
{% endstep %}
{% endstepper %}

## Example

Over one week the vault earns 10,000 points on a venue, and there are two depositors.

* Atoma receives 2,000 points as the performance fee. 8,000 points go to depositors.
* Depositor A holds 1,000 shares for the whole week: a time-weighted balance of 1,000.
* Depositor B holds 3,000 shares for the first half of the week, then requests a withdrawal: a time-weighted balance of 1,500.
* The total is 2,500. A receives 8,000 × 1,000 / 2,500 = 3,200 points. B receives 8,000 × 1,500 / 2,500 = 4,800 points.

## Where points come from

| Vault       | Venues                                               |
| ----------- | ---------------------------------------------------- |
| Atoma Index | Lighter Robinhood, Extended, trade\[XYZ], NADO, Ondo |
| Atoma RWA   | Lighter Robinhood, trade\[XYZ]                       |

Points programs are set by the venues and can change or end at any time.
