MetaTdex Trade Mining 3.0 version has been officially launched. To give back to users, MetaTdex will take this opportunity to hold an “initial mining” trading contest for overseas users.
Users who trade TT/USDT, MATIC/USDT, WETH/USDT, and WBTC/USDT on the Polygon chain of MetaTdex from 00:00 on April 22 to 24:00 on April 28 (UTC+4) are deemed to have participated in the initial mining campaign. Besides, these participants also have an opportunity to share the generous trade mining rewards provided by MetaTdex.
The initial mining will begin at:
0:00 on April 22, 2023 (UTC+4)
Supported Trading pairs
Polygon Chain: TT/USDT, MATIC/USDT, WETH/USDT and WBTC/USDT
Daily Mining Pool Reward
27,000 TT daily prize pool. The rewards will be issued per hour.
Duration
00:00 on April 22–24:00 on April 28 (UTC+4)
Activity Rewards
1. Basic Trade Mining Rewards
Users participating in the campaign are eligible to share the 27,000 TT basic Trade Mining rewards per day. There will be a higher proportion of basic rewards if the pending orders are close to the market price and the trading amounts are large.
2. Beginner Trading Rewards
Each day (UTC+4 Time) during the campaign, the first 100 new users who participate in Trade Mining with a daily trading volume of more than 100 USDTs per day can receive a 5 MATIC reward respectively on a first come, first served basis.
3. Trading Fee Rebate
When a user’s daily trading volume X is within the corresponding range, and the total trading volume Y of TT+MATIC+WETH+WBTC during the campaign is also within a certain range, the user can get the day’s transaction fee rebate in the corresponding range. The more transactions, the more rewards, and there is no upper limit for the rewards.
Example:
When Tom’s daily trading volume on April 24 was 100,000 USDTs and total trading volume of TT+MATIC+WETH+WBTC during the campaign was 1.2 million USDTs, he could get the first prize of the day, which is a 30% rebate of his transaction fee on that day. However, if Tom’s total trading volume of TT+MATIC+WETH+WBTC during the campaign was 600,000 USDTs, he could get the second prize of the day, which is a 25% rebate of his transaction fee on that day.
Introduction to Trade Mining 3.0
Trade Mining 3.0 is a brand new “Trade to Earn” product launched by MetaTdex, one of the top 10 decentralized trading platforms in the global DEX ranking. Users can obtain TT (Tdex Token, MetaTdex’s platform token) rewards by pending orders and trading TT/USDT, MATIC/USDT, WETH/USDT, and WBTC/USDT on the Polygon chain in MetaTdex. Based on the smart contracts, 27,000 TTs are mined per day. There will be more TT rewards if the pending order price is closer to the index price and the proportion of trading volume is higher. Currently, the TT price is 1.4 USDT, which means the daily user mining pool is worth 37,800 USDTs.
Notes:
1. MetaTdex will issue user rewards within 7 working days after the campaign;
2. During the campaign, the transactions using the fee discount coupon will not be included in the calculation of trading volume rewards；
3. This campaign is only for overseas users；
4. The transaction fee rebates will be directly airdropped to the trading addresses of users;
5. Users conducting the multi-address cheating behavior will be exempted from winning rewards;
6. MetaTdex reserves the right of final interpretation for this campaign.
Risk Warning: The value of your investment may fluctuate frequently due to high market risks and volatility in the price of crypto assets. You will take full responsibility for your investment decisions. This article should not be considered financial advice.
Learn More
1. Download MetaTdex: https://www.metatdex.com/#/download?channel=1
2. Trade Mining 3.0 Rules:https://medium.com/@MetaTdex/trade-mining-3-0-rules-b058d79831ef
3. Trade Mining 3.0 Q&A: https://medium.com/@MetaTdex/discover-the-secrets-of-metatdex-trade-mining-3-0-contest-q-a-for-participants-4b74d7bcf0d5
4. MetaTdex Trade Mining 3.0 Tutorial: https://medium.com/@MetaTdex/metatdex-trade-mining-3-0-tutorial-a49dfcf1e2ad
5. Twitter: https://twitter.com/MetaTdex
6. Medium: https://medium.com/@MetaTdex
7. Telegram: https://t.me/MetaTdex_group
8. Armos.io Code Audit Report: http://odex.vip/?sign=7ffb5ccb878f04be0ef161bc76616a8e