Trade2Earn (T2E)

Event Period: 6/18 ~ 7/2

Rewards to be distributed: 300,000 KOKOS

The third event is Trade Mining (Trade2Earn, T2E). To promote more asset swaps on Kokonut Swap, the protocol will reimburse 120% of the transaction fee spent by users as sKOKOS during the two weeks following migration completion. Through this event, many participants in the Klaytn DeFi ecosystem will experience with their own hands the efficiency of Stable Swaps and Crypto Pools.

The rewards are distributed linearly in block units to the reward pool during the event period, and when a swap transaction occurs (as long as the reward pool isn’t depleted), sKOKOS equivalent to 120% of the fees already paid will be rewarded.

However, since the main purpose of this event lies in promoting Kokonut Swap’s brand as a general-purpose DEX platform, indirect swaps through external DEX aggregators will not be included in the rewards. Only swaps occurring through the Kokonut Swap website or through direct interaction with the Kokonut Swap contract on the Wallet (EOA) without going through a third-party contract will be eligible for rewards in the T2E Event.