Aluna.Social x BitMEX Trading Competition (Trade-to-Earn): $500M Volume Achieved + 100K ALN Reward Unlocked & Distributed

ALN x BitMEX Trading Competition: Results and Distribution

A total trading volume of $532.9M was recorded during the 8 weeks of the campaign, unlocking the full 100,000 ALN prize pool for all 45 eligible participants.

  • Qualified participants: 45
  • Total trading volume: $532.9M
  • Median trading volume: $82,090
  • Total ALN unlocked: 100,000 ALN
  • ALN earned per participant: 84.78 to 31,047.47 ALN

Trade-to-Earn: ALN Reward as Trading Fee Rebate

Aluna is a pioneer in gamifying crypto trading and turning investing into a fun and rewarding experience. This ALN Trading Competition kicks off a new era of Trade-to-Earn, and is one of many features and products to come that will (r)evolutionize the gamification of trading & investing.

What is Trade-to-Earn?

Participants of the trading competition earned ALN based on their volume traded on BitMEX. To participate, you connect your BitMEX API key to Aluna.Social, and earn a rebate paid in ALN based on your trading volume.

Source: Medium

How Much ALN Rebate Did Each Participant Earn?

Assuming trading fees paid to BitMEX is 0.05% for <$50M volume and 0.025% for ≥$50M volume, and price of ALN is $0.075; the following table illustrates a participant’s rebate earned in ALN as a percentage of the trading fees paid:

When Next Trade-to-Earn Event?

A new trading competition will be starting late Q4 2021. Stay tuned for details on the new event coming soon, along with other surprises along the way! ;)

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