OpenLeverage encourages all members to trade and lend on the protocol, so we’re launching a new and exciting campaign to enable all members to participate.
You can now either receive rewards based on trading volume or the lending amount and time span.
The new campaign will last for 14 days, from April 5, 2022, at 12 PM UTC to April 19, 2022, at 12 PM UTC.
Trading Rewards On Volume
Members who open positions with trading volume levels during the campaign will be awarded the corresponding $OLE rewards.
Trading levels are shown below:
Level 1: Trading Volume $10,000 (1,200 OLE Reward)
Level 2: Trading Volume $20,000 (2,400 OLE Reward)
Level 3: Trading Volume $30,000 (3,800 OLE Reward)
Level 4 :Trading Volume $50,000 (6,400 OLE Reward)
Level 5: Trading Volume $80,000 (10,400 OLE Reward)
Level 6: Trading Volume $100,000 (13,400 OLE Reward)
Level 7: Trading Volume $200,000 (27,200 OLE Reward)
Level 8: Trading Volume $300,000 (41,800 OLE Reward)
Level 9: Trading Volume $500,000 (71,400 OLE Reward)
For example, if a member reaches $300,000 in trading volume during the campaign, they’ll earn a fixed amount of 41,800$OLE.
Please note that volume count only includes opening positions, but not closing positions.
Lending Reward On Amount and Time Span
The 37 top pairs on the BNB Chain with TVL over $1M, excluding pairs that have been trading for less than a month, have been selected to share the 1.5 million $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 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.