πTrading Incentive Program: Reward Pool
Last updated
Last updated
Before initiating mining activities, it is imperative to acquire $ZEEP tokens through an exchange or a Solana wallet. Subsequently, these tokens should be transferred to the Binance Smart Chain (BSC) via a cross-chain bridge. Upon successful transfer to the BSC chain, $ZEEP tokens can be utilized for trading purposes. This procedure enables participation in mining activities, offering the opportunity to partake in the distribution of up to 4,000,000,000 $ZEEP token rewards. Presently, mining activities are exclusively accessible on the BSC chain.
In this season, you can use $ZEEP as collateral for trading and participate in the prize pool distribution. The prize pool is dynamic, increasing as more participants use the specified collateral currency for trading. The more participants, the higher the rewards, with a maximum reward of up to 4,000,000,000 $ZEEP
The prize pool is structured as follows:
1-200 participants: 500,000,000
201-1000 participants: 1,000,000,000
1001-2000 participants: 2,000,000,000
2000+ participants: 4,000,000,000
Claim PeriodοΌRewards are calculated on a seasonal basis, and you can claim your seasonal rewards at any time within 90 days after the end of the season.
The prize pool for each season will be divided into three categories: fees, loyalty, and net profit. The distribution methods and ratios are as follows:
Fees
Your Seasonal Fees: The more fees you pay with $ZEEP for trading in this season, the higher your reward.
Your Reward Share: Your reward share depends on the ratio of the total fees you've paid to the protocol's fees. For example, if your total fees are 115, and the total protocol fees are 311, then your reward share is 115/311=36.9%.
Your Reward: 50% of the total prize pool for the fee category will be distributed among participants. For instance, if your share is 36.9% and the category reward is 10,000, then your reward will be 36.9% * 10,000 = 3690.
Loyalty
Your Seasonal Points: You earn 1 loyalty point for each daily opening using $ZEEP, with a maximum of 5 points per day.
Your Reward Share: Your share depends on the proportion of your individual loyalty points to the total platform's loyalty points. For example, if your seasonal points are 2 and the total seasonal points are 12, then your reward share is 2/12=25%.
Your Reward: 30% of the total prize pool for the loyalty category will be distributed among participants. For instance, if your reward share is 25% and the category reward is 6,000, then your reward will be 25%*6,000=1500.
PnL
Your Total Profit for this Season: The more profit you earn using $ZEEP, the higher your reward.
Your Reward Share: Your share depends on your total profit relative to the total profit of all other traders with positive earnings. If your net profit is negative, you will not qualify for rewards in this category.
Your Reward: 20% of the total prize pool for the net profit category will be distributed among participants.
Additionally, to qualify as a trader with positive earnings, you must have at least 3 closing trades.
Transactions participating in mining must use $ZEEP tokens on the BSC chain; other tokens will not qualify for rewards.
Mining rewards will be distributed based on actual transaction data, and the specific reward amounts will be determined based on statistics after the end of the mining cycle.
Rewards will be distributed within 90 days after the end of the mining cycle, and participants can claim them at any time during this period.
Note:
Simply use $ZEEP tokens on the BSC chain for transactions to participate in mining.
All transactions participating in mining will have the opportunity to share up to 4,000,000,000 $ZEEP token rewards.
Rewards will be distributed based on the transaction volume and frequency of participation in mining. Participants with larger transaction volumes and higher frequencies will receive a greater share of rewards.
Rewards will be distributed to eligible participants after the mining cycle ends.
Each participant will receive rewards proportionate to their contribution to transactions during the mining cycle.
Rewards will be automatically allocated to the participants' wallet addresses.
Participants can view their mining rewards at any time and claim them within the specified claiming period.
