Trade to Earn with Deri Protocol on BSC
Deri Protocol will join BSC 1 Billion growth funds among the first pilot. To celebrate this, Deri starts new special Trade to Earn campaign on Oct 13.
Trade-to-Earn Period: 10:00 AM, October 13th to 09:59:59 AM, November 10th UTC
Total Rewards: $1,000,000 in DERI
Network: Binance Smart Chain
Event Page: https://app.deri.finance/#/trade-to-earn
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.
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Rewards Distribution
We will start to distribute the DERI rewards on Nov 15th. Users will need to click on “Claim”, sign a transaction, and pay gas fees to claim their DERI token, 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 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.
About Deri Protocol
Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.
Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.
