KOKOS Trading Event
Last updated
Last updated
Reward Period: 6/8 ~ 6/28
Target: KOKOS traded through the KOKOS-KSD crypto pool in Kokonut Swap
Reward to be distributed: 20,000 KSD + 10,000 KOKOS
The fourth event is the KOKOS Trading Volume Event. In this event, ‘Trading Score’ is defined as the net daily KOKOS purchase amount(counted every day at 9 AM KST) and the rewards will be paid to the top 3 users with the highest total trading scores. As an example, assuming that the event period is 3 days in total, the trading score of a user who bought 100 KOKOS on the first day, sold 50 KOKOS on the second day, and bought 70 KOKOS on the third day would be 100 + 0 + 70 = 170 points. (On the other hand, transferring KOKOS to other addresses is also counted as 'selling')
In the trading volume event, 9 AM to 24 AM (KST) is defined as ‘Trading Time’, and 24 AM to 9 AM is defined as ‘Break Time’. Daily net purchase counts only trades that occurred during the trading time and not during break time. However, if a net sale occurs during the break time, it is deducted from the net purchase amount of the previous trading time. For example, if you bought 100 KOKOS on the first trading day and sold 50 KOKOS on the break time, your trading score for that day would be 100 - 50 = 50 points. However, even if you had a net purchase of 100 KOKOS during the trading time with an additional net purchase of 50 KOKOS made during the break time, the trading score on this day is 100 + 0 = 100 points(not counting the one during the break time).
(This only includes swaps through direct interaction between the Kokonut Swap contract and user’s wallets(EOA). Swaps generated by third-party contracts and swaps on ClaimSwap’s EYE-KSD LP are not included.)
1st place : 12,000 KSD + 6,000 KOKOS
2nd place : 6,000 KSD + 3,000 KOKOS
3rd place : 2,000 KSD + 1,000 KOKOS
4th - 10th place: 100 KSD
11th - 25th place: 30 KSD
26th - 50th place: 10 KSD
