After the success of the first Trade-to-Earn Epoch with over $170 million of daily trading volume, the second Trade-to-Earn BSC event with revamped rules is kicking off!

The epoch 2 of Trade-to-Earn includes General Promotion for all participating traders like in Epoch 1. Additionally, it includes a special prize for the top 10 traders ranked by points and another special prize for the top 10 traders ranked by profits.

Moreover, we have optimized the formula of boosting factor so that the DERI whales will have a relatively mild advantage.

Period: 10:00 AM, November 10th to 09:59:59 AM, December 8th UTC

Total Rewards: $1,000,000 in DERI + Special award $500,000 in DERI & BNB

Network: Binance Smart Chain

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

General Promotion for all traders — $1,000,000 to be won in DERI

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

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

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.

Special Rewards A — $250,000 to be won in BNB and DERI

The top 10 traders ranked by points earned will share a pool of $125,000 in BNB tokens and $125,000 in DERI tokens.

The prize distribution will be as below:

1st place: $ 80,000 in BNB and DERI tokens

2nd place: $ 60,000 in BNB and DERI tokens

3rd place: $ 40,000 in BNB and DERI tokens

4th place: $ 20,000 in BNB and DERI tokens

5th place: $ 10,000 in BNB and DERI tokens

6th-10th place: split $40,000 in BNB and DERI tokens equally

Special Rewards B — $250,000 to be won in BNB and DERI

The top 10 traders ranked by PnL will share a pool of $125,000 in BNB tokens and $125,000 in DERI tokens.

The prize distribution will be as below:

1st place: $ 80,000 in BNB and DERI tokens

2nd place: $ 60,000 in BNB and DERI tokens

3rd place: $ 40,000 in BNB and DERI tokens

4th place: $ 20,000 in BNB and DERI tokens

5th place: $ 10,000 in BNB and DERI tokens

6th-10th place: split $40,000 in BNB and DERI tokens equally

Rewards Distribution

We will start to distribute the rewards on Dec 16th. All Traders have to press the “Claim” button, to sign a transaction, and pay gas fees to claim their BNB and DERI tokens, up to a maximum of 5 BNB and 10,000 DERI tokens per 24 hours.

Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.