First-loss protection and liquidation protection benefit configuration for elite traders
Elite traders can now configure first-loss protection or liquidation protection benefits in the backend. Once configured, copiers will be able to benefit from the protection.
How to select elite traders with loss protection benefits:
1. Elite traders with loss protection benefits will be displayed on the Discover page, allowing users to copy them.
2. The loss protection benefit is time-limited. Only copiers who copy the elite trader within the benefit period will be eligible. Copiers can view the voucher's validity period on the elite trader profile page.
3. Elite traders with loss protection benefits will be displayed with a corresponding badge
Note:
Only up to X copiers can be compensated. No compensation will be provided beyond this limit. If the number of eligible copiers exceeds X during the benefit period, copiers will be ranked based on their copy trading volume. The top X copiers will receive loss protection benefits. Compensation in the form of copy trading position vouchers will be credited within one week after the benefit period ends.