Trade More For BUSD and BNB Holders
Our community was enthusiastic about our “Trade More, For More” and “Trade More for CAKE” campaigns and contributed to our explosive growth and success, with over $12 million TVL and nearly $200 million in transaction volume.
To invite BNB Chain community members to try out margin trading and lending on OpenLeverage, we are upgrading our Trade More campaign, just for BUSD and BNB Holders.
- Addresses holding $BUSD (snapshot on April 19 at 12:00 PM UTC) are invited to join our Trade More, For BUSD and BNB Holders Campaign.
- Addresses holding $BNB (snapshot on April 20 at 15:00 AM UTC) are invited to join our Trade More, For BUSD and BNB Holders campaign.
The “Trade More for BUSD” campaign will last for 7 days, from April 19 2022, at 1 PM UTC to April 26, 2022, at 1 PM UTC.
The “Trade More for BNB” campaign will last for 6 days, from April 20 2022, at 3 PM UTC to April 26, 2022, at 1 PM UTC.
Trade Early For BUSD and BNB Holders
Members who open positions with trading volume levels during the campaign will be awarded the corresponding $OLE rewards.
We will calculate the trading volume of a single transaction, not the cumulative volume. If your transaction does not meet the minimum requirement, then you will not receive rewards.
Each address can receive a maximum of 10,000 OLE rewards before dilution through the activity. When users receive 10,000 OLE rewards, the address can still trade but will not earn extra rewards.
The Trade Early for BUSD Holders Campaign will last for 7 days. With each new day, the rewards will be reduced by 5%, meaning the earlier you trade, the more rewards you can earn.
Undiluted rewards levels are shown below:
Day 1 (Hours 0–24)
Level 1: Trading Volume $100 (12 OLE Reward)
Level 2: Trading Volume $250 (30 OLE Reward)
Level 3: Trading Volume $500 (60 OLE Reward)
Level 4: Trading Volume $750 (90 OLE Reward)
Level 5: Trading Volume $1,000 (120 OLE Reward)
Level 6: Trading Volume $2,500 (300 OLE Reward)
Level 7: Trading Volume $5,000 (600 OLE Reward)
Level 8: Trading Volume $7,500 (900 OLE Reward)
Level 9: Trading Volume $10,000 (1,200 OLE Reward)
Level 10: Trading Volume $25,000 (3,000 OLE Reward)
Level 11: Trading Volume $50,000 (6,000 OLE Reward)
Level 12: Trading Volume $75,000 (9,000 OLE Reward)
Day 2 (Hours 24–48)
Level 1: Trading Volume $100 (11 OLE Reward)
Level 2: Trading Volume $250 (29 OLE Reward)
Level 3: Trading Volume $500 (57 OLE Reward)
Level 4: Trading Volume $750 (86 OLE Reward)
Level 5: Trading Volume $1,000 (114 OLE Reward)
Level 6: Trading Volume $2,500 (285 OLE Reward)
Level 7: Trading Volume $5,000 (570 OLE Reward)
Level 8: Trading Volume $7,500 (855 OLE Reward)
Level 9: Trading Volume $10,000 (1,140 OLE Reward)
Level 10: Trading Volume $25,000 (2,850 OLE Reward)
Level 11: Trading Volume $50,000 (5,700 OLE Reward)
Level 12: Trading Volume $75,000 (8,550 OLE Reward)
Day 3 (Hours 48–72)
Level 1: Trading Volume $100 (11 OLE Reward)
Level 2: Trading Volume $250 (27 OLE Reward)
Level 3: Trading Volume $500 (54 OLE Reward)
Level 4: Trading Volume $750 (81 OLE Reward)
Level 5: Trading Volume $1,000 (108 OLE Reward)
Level 6: Trading Volume $2,500 (271 OLE Reward)
Level 7: Trading Volume $5,000 (542 OLE Reward)
Level 8: Trading Volume $7,500 (812 OLE Reward)
Level 9: Trading Volume $10,000 (1,083 OLE Reward)
Level 10: Trading Volume $25,000 (2,707 OLE Reward)
Level 11: Trading Volume $50,000 (5,415 OLE Reward)
Level 12: Trading Volume $75,000 (8,122 OLE Reward)
Day 4 (Hours 72–96)
Level 1: Trading Volume $100 (10 OLE Reward)
Level 2: Trading Volume $250 (26 OLE Reward)
Level 3: Trading Volume $500 (51 OLE Reward)
Level 4: Trading Volume $750 (77 OLE Reward)
Level 5: Trading Volume $1,000 (103 OLE Reward)
Level 6: Trading Volume $2,500 (257 OLE Reward)
Level 7: Trading Volume $5,000 (514 OLE Reward)
Level 8: Trading Volume $7,500 (772 OLE Reward)
Level 9: Trading Volume $10,000 (1,029 OLE Reward)
Level 10: Trading Volume $25,000 (2,572 OLE Reward)
Level 11: Trading Volume $50,000 (5,144 OLE Reward)
Level 12: Trading Volume $75,000 (7,716 OLE Reward)
Day 5 (Hours 96–120)
Level 1: Trading Volume $100 (10 OLE Reward)
Level 2: Trading Volume $250 (24 OLE Reward)
Level 3: Trading Volume $500 (49 OLE Reward)
Level 4: Trading Volume $750 (73 OLE Reward)
Level 5: Trading Volume $1,000 (98 OLE Reward)
Level 6: Trading Volume $2,500 (244 OLE Reward)
Level 7: Trading Volume $5,000 (489 OLE Reward)
Level 8: Trading Volume $7,500 (733 OLE Reward)
Level 9: Trading Volume $10,000 (977 OLE Reward)
Level 10: Trading Volume $25,000 (2,443 OLE Reward)
Level 11: Trading Volume $50,000 (4,887 OLE Reward)
Level 12: Trading Volume $75,000 (7,330 OLE Reward)
Day 6 (Hours 120–144)
Level 1: Trading Volume $100 (9 OLE Reward)
Level 2: Trading Volume $250 (23 OLE Reward)
Level 3: Trading Volume $500 (46 OLE Reward)
Level 4: Trading Volume $750 (70 OLE Reward)
Level 5: Trading Volume $1,000 (93 OLE Reward)
Level 6: Trading Volume $2,500 (232 OLE Reward)
Level 7: Trading Volume $5,000 (464 OLE Reward)
Level 8: Trading Volume $7,500 (696 OLE Reward)
Level 9: Trading Volume $10,000 (929 OLE Reward)
Level 10: Trading Volume $25,000 (2,321 OLE Reward)
Level 11: Trading Volume $50,000 (4,642 OLE Reward)
Level 12: Trading Volume $75,000 (6,964 OLE Reward)
Day 7 (Hours 144–168)
Level 1: Trading Volume $100 (9 OLE Reward)
Level 2: Trading Volume $250 (22 OLE Reward)
Level 3: Trading Volume $500 (44 OLE Reward)
Level 4: Trading Volume $750 (66 OLE Reward)
Level 5: Trading Volume $1,000 (88 OLE Reward)
Level 6: Trading Volume $2,500 (221 OLE Reward)
Level 7: Trading Volume $5,000 (441 OLE Reward)
Level 8: Trading Volume $7,500 (662 OLE Reward)
Level 9: Trading Volume $10,000 (882 OLE Reward)
Level 10: Trading Volume $25,000 (2,205 OLE Reward)
Level 11: Trading Volume $50,000 (4,410 OLE Reward)
Level 12: Trading Volume $75,000 (6,615 OLE Reward)
The Trade Early for BUSD Holders Campaign will have a maximum of 3,000,000 OLE rewards. When the number of rewards earned exceeds 3,000,000 OLE rewards, all rewards will be diluted according to the formula below:
diluted rewards = undiluted reward * (3,000,000 / earned total reward)
For example: On Day 1, Alice makes a $1,000 trade and earns 120 OLE. On Day 2, she makes another $1,000 trade and earns 114 OLE. At the end of the Trade Early for More Campaign, the total prize pool generated 6,000,000 OLE. Using the formula above, Alice earned 128 OLE after dilution:
128 = (120 + 114) * (3,000,000/6,000,000)
Please note that volume count only includes opening positions, but not closing positions. Each address can receive a maximum of 10,000 OLE rewards from this campaign.
Lending Reward on Amount and Time
We have selected 35 top pairs on the BNB Chain with TVL over $1 million, excluding pairs that have been trading for less than a month. These pairs will share 750,000 $OLE lending rewards, with different rewards for each pair according to the trading volume of the pairs in the last 7 days.
Lending and Rewards Pairs here
Rewarded pairs will have the “Reward” tag and show the “Reward Ratio.” The formula used to calculate the reward for each user can be found here.
Referral Program and Invitation League
Invite your friends who hold $BUSD and $BNB to get on the Invitation League, where 46.6% of the trading fees will be distributed to the 3 top referrers at the end of each epoch. Of the pool, first place will receive 50%, second place will receive 30%, and third place will receive 20%.
The Referral Program is also live, where you can get up to 25% of your friend’s rewards. For example, if your friends earn 100 OLE tokens, you can earn 25 OLE tokens. Your friends earn and you can get rewarded, too.
Invite your friends to maximize your rewards and start trading here.
