🎁Reward Points
Reward Points mining programme
Note: This page describes the mechanics of Reward Points accrual for the First season, which has already ended. The Second season is currently in progress, and you can find the latest information on Reward Points accrual mechanics in the article: Season 2 of rewards mining on Storm Trade. At the end of the second season, a fixed amount of STORM tokens will be airdropped proportionally to the number of Reward Points held by Storm Trade users.
In anticipation of the IDO of the STORM token, Storm Trade has launched a massive rewards programme that allows you to become investors in the protocol even before the token is launched. We present to you the First season Reward Points mining!
Reward Points (RP) are unique rewards that will be exchanged for Storm Trade token exchange after a TGE (token generation event).
RP are awarded for literally all actions on the exchange, and the concept of mining is as simple and transparent as possible.
RP accrual for basic actions on the exchange
10
Open a position for the first time on Storm Trade
Once
1 per every 100 USD
Open a position with a trading volume of more than 100 USD
Multiple times
1 per every 100 USD daily
Hold in liquidity from 100 USD within a day
Multiple times
The beauty of RP mining lies in its simplicity. Trade? You get RP. Provide liquidity? You get RP. Here's how it works.
It is important to note here that 100 USD is not a mandatory minimum amount. Trading volumes or liquidity volumes are added together and you will receive your RP when the sum of trading volume and/or liquidity totals 100 USD.
Example 1: Yesterday you made a trade with a volume of 30 USD and today with a volume of 70 USD. You will be credited 1 RP when the total volume reaches 100 USD.
Example 2: You provided 50 USD to liquidity. You will be credited 1 RP 48 hours after providing.
One-off RP achievements when a certain trading volume is reached
For getting achievements in this category, you need to trade a trading volume of 1,000 USD or more. The trading volume takes into account the leverage used, not just the collateral. If you opened a x10 leveraged position with 100 USDT, the trading volume of your position will be 1,000 USDT.
15
1,000 USD
Once
30
10,000 USD
Once
175
100,000 USD
Once
2,000
1,000,000 USD
Once
One-off RP achievements upon reaching a certain amount of liquidity provided
For getting achievements in this category it is necessary to hold liquidity on Storm Trade longer than 1 week. The category takes into account the amount of liquidity provided in TON and USDT (USD).
10
100 USD
Once
30
1,000 USD
Once
70
10,000 USD
Once
150
100,000 USD
Once
2,000
1,000,000 USD
Once
You can view all the achievements and current trading volume in your user profile.
Future rewards on Storm Trade
After TGE, everything is just beginning - we are preparing new incentive programmes for traders and liquidity providers to win rewards!
Last updated