Trading Incentives
Last updated
Last updated
Bootstrapping active trading liquidity is critical to creating sustainable, long-term success for PepperDEX. Therefore, the DEX will implement a daily volume incentives program that will be based on 500 $1 billion epochs. Rewards will be distributed at the end of each epoch on a prorata basis based on the volume traded by each wallet. A reward distribution model for daily trading incentives can be seen here.
Trading Incentive Allocation: 25,000,000 oPEP (25% of the PEP supply)
An exponential decay function will be applied to oPEP emissions allocated to Trading incentives. The emissions allocated to Trading Incentives are represented in the chart below.
(It should be noted that these incentives will be additive to the Hxro Network daily trading incentives, which all PepperDEX traders will automatically be eligible to receive). More details about the Hxro Network's daily trading incentives can be found here: https://docs.hxro.network/community-blog/blog-hxro-staking-and-liquidity-incentives-pt-2.-6-4-2022