Trade to Earn Epoch 1 rewards are freely flowing. 3K $ARB ($520K) have already been distributed.
05 Jan 2024, 15:45
Trade to Earn Epoch 1 rewards are freely flowing... 272.3K $ARB ($520K) have already been distributed!
Here's how you can capitalize on the rewards (even if you have an off week PnL-wise) šā¤µļø
[1/8]
Same news in other sources
7Gains NetworkGNS #332
05 Jan 2024, 15:45
Week one down, and already 272.3K $ARB tokens ($520K) distributed to loyal, active, and profitable gTraders.
With 12 weeks to go, and @arbitrum season heating up ($ARB +30% in the past week), it's time to start trading! šš
[8/8]
š
Week one down, and already 272. 3K $ARB tokens ($520K) distributed to loyal, active, and profitable gTraders.
Week one down, and already 272.3K $ARB tokens ($520K) distributed to loyal, active, and profitable gTraders.
With 12 weeks to go, and @arbitrum season heating up ($ARB +30% in the past week), it's time to start trading! šš
[8/8]
š
Gains NetworkGNS #332
05 Jan 2024, 15:45
ā¶ļø High PnL % - Low Fees
High fees net the highest $ARB returns at 75%. So, although this trader's volume and fees paid were minimal, they still locked in some solid wins (A+ PnL %) and earned a nice bonus of 1,087 $ARB... not bad!
[7/8]
High PnL % - Low Fees. High fees net the highest $ARB returns at 75%.
ā¶ļø High PnL % - Low Fees
High fees net the highest $ARB returns at 75%. So, although this trader's volume and fees paid were minimal, they still locked in some solid wins (A+ PnL %) and earned a nice bonus of 1,087 $ARB... not bad!
[7/8]
Gains NetworkGNS #332
05 Jan 2024, 15:45
ā¶ļø High PnL
$47.7K PnL + 12.2K $ARB (~$23K) - $13.8K weekly fees...
After adding the $ARB rewards to the PnL and subtracting fees, that's a total weekly profit of ~$57K! š
Now that's a winning week... and 12 Epochs to go š
[6/8]
High PnL. 7K PnL + 12. 2K $ARB (~$23K) - $13. 8K weekly fees.
ā¶ļø High PnL
$47.7K PnL + 12.2K $ARB (~$23K) - $13.8K weekly fees...
After adding the $ARB rewards to the PnL and subtracting fees, that's a total weekly profit of ~$57K! š
Now that's a winning week... and 12 Epochs to go š
[6/8]
Gains NetworkGNS #332
05 Jan 2024, 15:45
ā¶ļø High Loyalty - Negative PnL
Everyone has off trading weeks. Luckily, you don't need a positive PnL to earn rewards.
Although this trader's PnL was -$8.1K, they made up by paying high fees. The 5.9K $ARB ($11.2K) earned through this totally offset their losses!
[5/8]
High Loyalty - Negative PnL. Everyone has off trading weeks. Luckily, you don't need a positive PnL to earn rewards.
ā¶ļø High Loyalty - Negative PnL
Everyone has off trading weeks. Luckily, you don't need a positive PnL to earn rewards.
Although this trader's PnL was -$8.1K, they made up by paying high fees. The 5.9K $ARB ($11.2K) earned through this totally offset their losses!
[5/8]
Gains NetworkGNS #332
05 Jan 2024, 15:45
ā¶ļø High Fees
Trading high volume and paying fees (~62% of which are distributed to $GNS stakers) nets the highest percentage $ARB rewards.
Although this trader paid weekly fees of $26K, they earned 12.9K $ARB... close to 100% rebate with a current market value of $25K!
[4/8]
High Fees.
ā¶ļø High Fees
Trading high volume and paying fees (~62% of which are distributed to $GNS stakers) nets the highest percentage $ARB rewards.
Although this trader paid weekly fees of $26K, they earned 12.9K $ARB... close to 100% rebate with a current market value of $25K!
[4/8]
Gains NetworkGNS #332
05 Jan 2024, 15:45
Let's take a look at some examples of how rewards are distributed to different categories and which traders are earning the most $ARB š«°š¤
[3/8]
Let's take a look at some examples of how rewards are distributed to different categories and which traders are earning the most
Let's take a look at some examples of how rewards are distributed to different categories and which traders are earning the most $ARB š«°š¤
[3/8]
Gains NetworkGNS #332
05 Jan 2024, 15:45
Reward distributions are weighted as follows:
ā¢ Fees: 75%
ā¢ PnL (total): 10%
ā¢ Loyalty: 10%
ā¢ PnL (%): 5%
This means that even if it's not your week and PnL is negative, you can make up for it and earn substantial $ARB rewards by being loyal and trading high volume.
[2/8]
Reward distributions are weighted as follows:. ā¢ Fees: 75%. ā¢ PnL (total): 10%. ā¢ Loyalty: 10%. ā¢ PnL (%): 5%.
Reward distributions are weighted as follows:
ā¢ Fees: 75%
ā¢ PnL (total): 10%
ā¢ Loyalty: 10%
ā¢ PnL (%): 5%
This means that even if it's not your week and PnL is negative, you can make up for it and earn substantial $ARB rewards by being loyal and trading high volume.
[2/8]