Greetings to the new year! MetaTdex has launched the trade mining function to celebrate this festive season and has opened a two-week public beta testing program. This public trade mining test activity is only for the TT/USDT and Matic/USDT trading pairs on the Polygon chain, and other token pairs will gradually be allowed for trade mining after the public test.
Activity time: 18:00, December 30, 2022 ~ 18:00, January 14, 2023 (UTC+4)
Details of the event:
1.Trade mining: Enjoy high mining income
2.Transaction rebates: Enjoy a 50% refund of the handling fee. The higher the transaction amount, the higher the fee rebates.
Trade mining rules:
1. Calculation rules for trade mining rewards:
Detailed order reward calculation rules:
Rewards for completed orders = total amount of current block release rewards * trading pair value * order value * individual order value/total order value
Amount of rewards released in the current period: If the pending order has gone through 100 blocks, then the amount of rewards released is 100*0.625=62.5 TT
Trading pair value: TT/USDT trading pair value is 0.7, MATIC/USDT trading pair value is 0.3
Order value: Fixed value is 0.5
Individual order value: If the trade is 100TT, the transaction price is 1TT=1USDT, then the value of the commissioned order is 100USDT Total pending order value of participating users: the total value of all pending orders in the currently generated block converted to USDT
2. Calculation rules for pending order rewards (can not be claimed until the order is completed):
Pending order rewards = release reward amount * trading pair value * pending order value * price range value * personal pending order value/total pending order value of participating users
Release reward amount: If the pending order has gone through 100 blocks, then the release reward amount is 100*0.625=62.5 TT
Trading pair value: For example, the value of TT/USDT trading pair is 0.7, and the value of MATIC/USDT trading pair is 0.3
Pending order value: fixed value is 0.5
Price range and the corresponding value:
1.Enjoy 50% of all released TT token pairs if the price of the pending order is within 0.25% of the index price
2.Enjoy 30% of all released TT token pairs if the price of the pending order is within 1% of the index price
3.Enjoy 15% of all released TT token pairs if the price of the pending order is within 1.5% of the index price
4.Enjoy 4.9% of all released TT token pairs if the price of the pending order is within 2% of the index price
5.Enjoy 0.1% of all released TT token pairs if the price of the pending order is within 5% of the index price
6.There will be no reward if the price of the pending order exceeds 5% of the index price.
Individual pending order value: If you place a 100TT buy order and the current price is 1TT=1USDT, then the value of the entrusted pending order is 100USDT
Total pending order value of participating users: The total value of all pending orders in the currently generated block converted to USDT
Note：Transaction mining income will be settled within 2 hours, block delays may occur, so please be patient.
How to participate in trade mining activities:
Step 1: Download the MetaTdex wallet https://www.metatdex.com/#/download?channel=2
Step 2: Create/import Polygon chain wallet address
Step 3: Withdraw USDT from other wallets or exchanges to the newly created/imported Polygon wallet address
Step 4: If you already have assets in other chains of MetaTdex, you need to cross-chain to Polygon
Step 5: Start to trade
Activity Notes:
1. Any falsification will result in disqualification.
2. Event rewards will be distributed within five working days after the end of the event.
3. As the final interpreter of this activity, MetaTdex has the right to make any adjustments at any time.
4. Investing in virtual digital currencies carries a high level of risk. Make your own decisions.