Initial Trade & Earn Program
All Bluefin Exchange traders are eligible for the Initial Trade & Earn program. Key parameters include:
Epoch Length - The epoch length of this program is
14 days (2 weeks)
.Program Duration - The Initial Trade & Earn Program is planned to continue until the launch of $BLUE.
Program Incentives - Please visit our community forums for up-to-date information on Epoch Incentives.
Post Program Completion - We will work with our community and partners to launch a long-term sustainable program after the end of the Initial Trade & Earn Program.
Subject to Adjustments - The parameters and design of the Bluefin rewards program may be updated with feedback from the community and partners. We will use the Initial Trade & Earn Program to inform the long-term sustainable rewards program. Any previously earned rewards will not be impacted.
Rewards Distribution
There are currently 7 rewards distribution checkpoints, of 2 days each, within each epoch. BLUE and SUI rewards are distributed after each checkpoint - please visit our community forums to learn more!
Rewards Formula
The rewards from the TRP will be distributed to traders each epoch according to the following formula (note: the distribution of BLUE rewards and SUI rewards will follow the same formula):
where,
and where, for each checkpoint,
TRP - Trade & Earn Reward Pool
Rewards Dashboard
As part of your Bluefin Account you have access to a detailed Trade & Earn Dashboard where you can see details of your previous earnings, as well as estimates of earnings in the current checkpoint and epoch.
Wash Trading
Please note that wash trading is not permitted when trading on Bluefin. It is illegal when done intentionally and also violates Bluefin’s terms of use.
Bluefin uses a number of methods to identify potential wash trading, including analyzing suspicious trading behavior. Any two accounts that have most of their volume directly trading against one another will be flagged as wash traders. Bluefin will manually inspect these accounts to ensure that they are intentionally wash trading.
Once a trader, or multiple traders, have successfully been identified as conducting restricted trading activity, they will be prohibited from earning rewards on volume during that epoch. Not only is intentional wash trading illegal in most jurisdictions, it’s unfair to others who are also earning rewards through the Trade and Earn program.
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