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  • 👋Introduction
  • ACCOUNT
    • 🔄ZKX Account
    • 🪝Create Your ZKX Account: A Step-by-Step Guide
    • 🗳️Deposits
    • 🍖Withdrawals
    • 📬Transfer
  • PRO TRADE
    • 💶How to Trade
    • 🧲Cross Margin Account Structure
    • 📊Trading Terminal
    • 📑Funding Rates and Markets
    • 🗝️Trade Overview and History
  • OG TRADE
    • ⚡Get Started with OG Trade
    • 🎰ZKX OG Clans: Eligibility Criteria
    • 🥸How to Claim Your Clan
    • ⁉️FAQs
  • REWARDS & INCENTIVES
    • 🐺Starknet DeFi Spring
    • 🍑Rewards Zone
    • 🎁Airdrops Overview 2024
    • 🪂Airdrop 2 (Live 19 June 2024)
      • ✅Check Eligibility and Claim $ZKX
  • COMMUNITY
    • 👯‍♂️ZKX Referral Program
    • ✨Galxe Campaign
  • BASIC ARCHITECTURE
    • ⛓️ZKX Appchain
    • 🚀Starkway - Native Bridge
  • ORDERBOOK SETTINGS
    • 💹Market Specifications
    • 💰Trading Fees
    • 📈Price Feeds
    • 💵ABR - Funding Rate
    • 🦑Liquidation and Margin Details
    • ⚱️Isolated Insurance Fund
  • AUDIT
    • 🔎Reports
  • API DOCUMENTATION
    • ⚙️ZKX API Documentation
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  • What is the Rewards Zone?
  • Conditions that Make the Reward Zone Work
  1. REWARDS & INCENTIVES

Rewards Zone

This section has the details of Rewards, and how they are calculated.

What is the Rewards Zone?

  • Market leaderboards for OG and Pro Trade are consolidated into a single dashboard.

  • The eligibility for rewards is awarded to 50% of traders.

  • The minimum trader capacity is up to 50, which means the top 50 traders will always receive rewards. The maximum number of traders is up to 500.

  • The Top 3 traders across Profit, Volume, and Loss will receive the largest share of tokens, while all other winners receive an equal amount.

  • Reward share is up to 82.5%, with each trader in the Rewards Zone receiving an equal share (82.5%) divided by the number of traders, known as the Rewards Zone Premium.

Breakdown of the Rewards Zone Premium

  • 1st place - From 20 to 10% of total session tokens + Rewards Zone Premium

  • 2nd place -From 10 to 5% of total session tokens + Rewards Zone Premium

  • 3rd place - From 5 to 2.5% of total session tokens + Rewards Zone Premium

Conditions that Make the Reward Zone Work

  • For less than 50 Traders - The Rewards Zone equals the number of participating traders.

  • From 51 to 100 Traders - The Rewards Zone is equal to 50 traders

  • From 101 to 1000 Traders - The Rewards Zone is equal to 50% of Traders (50 to 500)

  • For more than 1001 Traders - The Rewards Zone is equal to 500 traders

Note: 🚨 The trading incentive allocation remains the same; we have only revised the distribution parameter.

  • OG Trade- The Reward pool consists of 120 $ZKX / Category - Profit, Volume and Loss.

    • Cycle - 1 Competition / 30 minutes

  • Pro Trade - The Reward pool for Pro consists of 5500 $ZKX / Category - Profit, Volume and Loss.

    • Cycle - 1 Competition / day

Pro Trade

OG Trade

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Last updated 1 year ago

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