# Incentive Campaigns Incentive campaigns enable protocols to flexibly distribute rewards to traders that utilize their token as collateral on Lynx. Running an incentive campaign can help stimulate the amount of trading fees generated by your token on Lynx and increase its adoption as a settlement asset in the perpetuals space. To set up an incentive campaign for your token, [**contact us!**](https://discord.gg/TFbBX3Q7tX) ## How it Works Incentive campaigns operate in rounds, distributing rewards from the start of the round (Monday 00:00 UTC) until the end of the round (the following Monday 00:00 UTC). At this point, a new round begins and the incentive pool to be distributed resets. Partners can run incentive campaigns for as many rounds as they’d like, and can start/finish reward distribution at any point in time. Although the current duration for each round is one week, this parameter can be changed. To start an incentive campaign, protocols specify: * **Collateral Asset:** The token that traders must trade with to qualify for incentives * **Reward Token:** The token that will be distributed as rewards (all ERC-20 tokens supported) * **Max Weekly Distribution:** The amount of tokens to be distributed each round Protocols can tailor the distribution of rewards each round according to various metrics, with tthree types of incentive programs currently supported on Lynx: **Trading Competitions**, **Fee Rebates,** and **P\&L Bonus**. ### **Trading Competitions** **Description**: Trading competitions enable protocols to gamify engagement by rewarding traders who achieve the highest (most positive) Trading PNL over the course of a round. At the end of the round, the reward pool is distributed based on leaderboard rankings, with top traders earning a larger share of the prize pool. **Caps and Limitations**: Protocols can determine the number of traders eligible for rewards (e.g., the top 10 traders) and the allocations towards each position. ### **Fee Rebates** **Description:** Protocols can reward traders based on the amount of trading fees they have paid. Traders can get refunded up to 100% of their trading fees (excluding any funding or interest payments), or even more. **Caps and Limitations:** The protocol administering the incentive program can establish a Maximum Fee Rebate to cap how much any single trader can earn (eg. earn up to 80% of the trading fees paid during the round). ### **P\&L Bonuses** **Description:** Protocols can reward traders based on their profit and loss performance, incentivizing successful trades. Traders compete to be the most profitable, with the reward pool for each round getting distributed pro-rata across all traders. **Caps and Limitations:** Only trades resulting in a positive Trading P\&L are counted towards this bonus. At the end of the round, any trader who closed at least one trade with a positive Trading P\&L during the round will earn their respective share of the prize pool for that round. Protocols can run these programs concurrently or independently, splitting the Max Weekly Distribution of rewards across the two programs as desired. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://lynx-finance.gitbook.io/lynx-finance/for-partners/incentive-campaigns.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.