The Trade & Earn program is one of the
Bluefin Rewards Programs that incentivizes trading on the Bluefin Exchange. It distributes
BLUE rewards from the Trade Rewards Pool (TRP). The TRP holds 20% of the
BLUE supply, to be distributed over 5 years. The rewards are distributed after a 3-day wait period following the end of each 14-day epoch to allow the community to remove addresses engaged in wash trading from qualification for rewards.
Additionally for trading on Bluefin-v2 (Sui), traders will earn Sui tokens based on SUI Tokens pool (STP) that will change for every cycle as determined by the Sui Foundation and 75% of the STP will be allocated for Trade & Earn program.
All traders on the Bluefin Exchange are eligible for this program.
All you have to do is trade!
At the end of each epoch, your finalized rewards are calculated based on the following
Where for each epoch
i - individual trader
R_i - number of BLUE rewards for trader
TRP - the Trade Rewards Pool
STP - Sui Tokens Pool
Fees_i - fees of trader
∑Fees - the sum of all fees of all traders for the network