GM Fellow Traders π
Got some great newsπ
$KWENTA rewards are live for non-stakers as well
For stakers like myself, read along to pump your returns!
So without further ado, let's learn how to earn escrowed $KWENTA
KIP-70
Deal: Everyone who trades on @Kwenta_io will earn escrowed $KWENTA as reward
Time: April 12th 0:00 UTC to April 26th 0:00 UTC (It has already begun)
Pool: 5% of all inflationary rewards
Earning Rewards
β
All traders are eligible for 5% of all inflationary rewards (earned from paying trading fees)
β
All trades placed on kwenta.eth.limo or kwenta.io qualify
Pump Rewards
β
Pay additional fees by trading larger volume or on markets with higher fees
(β¬οΈ volume you trade, β¬οΈπ° your share)
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Stake $KWENTA/increase staked amount
(β¬οΈ you stake, β¬οΈπ° you make)
Tip: Use both methods to scale your trading rewards allocation
Note-
No cool down period for unstaking
No market exposure/additional risks
Stake rewards unless you want to sell/transfer your $KWENTA
Escrowed $KWENTA earns rewards at the same rate as liquid $KWENTA
How to Claim?
Trading rewards are calculated & claimable at the end of each epoch (check trading rewards page)
While rewards do not expire, you must claim in order to stake
Claimed rewards are escrowed and follow the same unlocking schedule (per docs detailed schedule soon)
For all the details, check out theblog π
mirror.xyz/kwenta.eth/7k-5UYXXcCNJ_DRRWvYBsK5zDm5UA945My4QrInhxoI
Or join the #KWENTA Community and shoot your questions
discord.gg/kwentaio