Blur Bid Points reward traders who provide liquidity to the Blur marketplace. In each collection, the bids that take the highest “risk” earn the vast majority of points.

Some traders are attempting to cheat the point system by withdrawing bids whenever someone tries to accept them. They do this by monitoring the mempool and removing ETH from their pool or incrementing their nonce to cancel all bids at the last second.

Traders who do this will be filtered from Season 2 rewards.

Note that adjusting bids, or even canceling bids as market conditions change is okay (ie when you see other bids getting accepted). This is how market makers work and is completely acceptable. What is not acceptable is attempting to cheat the system by placing bids that can't be accepted. This is unfair to real bidders who take real risk, and also causes Blur users to lose gas on failed transactions. The Blur Incentive Team will conduct extensive analysis to filter out cheaters before Season 2 ends.