Deri Protocol Trade to Earn Epoch 3

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The third Deri Protocol Trade-to-Earn Epoch 3 is kicking off!

The Epoch 3 of Trade-to-Earn includes General Promotion for all participating traders as in Epoch 2. Additionally, it also includes a lucky draw for all new addresses trading on Deri protocol for the first time for the purpose of inviting more traders to the Binance Smart Chain.

Period: 10:00 AM, December 8th, 2021 to 09:59:59 AM, January 5th, 2022 UTC

Total Rewards:

The total reward prize pool is 2,000,000 DERI tokens. However, there is a catch: the prize pool amount will be gradually unlocked as more people join the game. The unlock thresholds are shown below:

Network: Binance Smart Chain

Event Page: https://v3app.deri.finance/#/trade-to-earn

New Traders Exclusive Rewards

All new addresses which trade on Deri Protocol for the first time during the trading period and achieve a total trading volume of $100 or more will qualify for a lucky draw, where 100 lucky winners will be randomly drawn to win 200 DERI tokens each.

General Promotion for all traders

The trading mining event consists of four quarters, with a pre-defined total points for each quarter:

Table 1

The Mining rewards are calculated based on the trader’s total points of the 4 quarters, per the following formula:

Table 2

Individual Trader’s points in each quarter

A trader’s points in a quarter is calculated by his/her transaction fees multiplied by his/her boosting factor defined in the formula below.

Table 3

Rewards Distribution

We will start to distribute the rewards on Jan 12th. All Traders have to press the “Claim” button, to sign a transaction, and pay gas fees to claim their DERI tokens, up to a maximum of 10,000 DERI tokens per 24 hours.

Terms & Conditions:

• Qualified trading markets: All the Perpetual Futures trading markets in Main Zone and Inno Zone on Binance Smart Chain, and all the Everlasting Options trading markets.
• Deri Protocol reserves the right to disqualify trades that are deemed to be self-dealing, matched orders, market manipulation.
• Deri Protocol reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Risk warning: Cryptocurrency trading is subject to high market risk. Please carry out your trades cautiously. Deri Protocol will not be responsible for your trading losses.