š¬Rewards
CANDYSWAP SEASON 1
July 8th
š¬ Season 1 will last for 60 days. š¬ Earn CANDY for the first 30 days. š¬ Exchange CANDY for ALPH trading fees.
100% of all ALPH trading fees for days 0-60 will be distributed to CANDY token holders at the end of the season. The team will hold ZERO CANDY tokens.
What is the purpose of season 1?
We want to incentivise trading activity on CandySwap and help grow the DeFi ecosystem on @Alpehium.
How do we earn tokens?
Token are rewarded for completing any swap on https://candyswap.gg/ but only the ALPH value of the swap counts towards your daily total.
How are rewards calculated?
1024 tokens are distributed for each day. These are split evenly based on the amount of ALPH traded by every trader across all pairs on the platform.
When do we get the CANDY reward tokens?
We will be airdropping these after the first 30 days, but you can check your current balance on the leaderboard https://candyswap.gg/rewards.
How will the ALPH fees distributed?
We will open a single Buy order on CandySwap to buy the entire supply of Candy for the total amount of trading fees accumulated during the season. The bought Candy will be burned or just folded into the next airdrop.
Can I hold my CANDY until next season?
Yes you can keep your candies for next season, then basically you are speculating that the trading fees will grow even higher.
What should CANDY holders do to help?
You are now the decentralised CandySwap marketing team for the next 60 days! Help spread the hype, create new Meme Coins and have fun on the platform. The more people trade, the more ALPH you will earn.
How can I maximise my rewards?
Makers get a lower fee of 0.2% so try to supply liquidity to the Orderbook. Makers and Takers earn the same rewards so Makers will get more value out of each trade.
https://docs.candyswap.gg/help/faqs#what-are-the-fees
Try and be the majority trader over many days, just topping 1 day will only get you a share of rewards from that day.
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