1. The proportion of running time and the coefficient of the time extension for each grid order
The proportion of grid running time
| Running Time | Coefficient |
| Running time <= 24 hours (1 day) | 1 |
| 48 hours < running time <= 72 hours (3 days) | 1.2 |
| 72 hours < running time <= 96 hours (4 days) | 1.3 |
| 96 hours < running time <= 120 hours (5 days) | 1.4 |
| 120 hours < running time | 1.5 |
2. The weighted transaction volume of grid orders = the transaction volume of single grid orders * the coefficient of the time extension
3. The proportion of weighted user grid transaction volume = (user grid order 1 weighted transaction volume + user grid order N weighted transaction volume ) / platform grid weighted total transaction
4. The reward for the user = trading volume pool * the proportion of weighted user grid trading volume
5. The rewards of the top 3 with most trading volume :
take the top 3 from (user grid order 1 trading volume + user grid order N trading volume)
6. The input bonus
6.1 statistical time: N-1 day 14:00 ~ N day 13:59:59
6.2 Statistics: the total volume of input of the grid during the statistical time (equivalent to USDT)
6.3 The running time of each grid order and the time extension coefficient - the increase proportion per hour is 0.01, the maximum does not exceed 0.23; the increase proportion per day is 0.1, the maximum does not exceed 0.5; the maximum accumulation does not exceed 0.73
Example
| Running Time |
Coefficient |
|
running time<1 hour |
0 |
|
1-hour <=running time<2 hours |
1.01 |
|
2 hours<=running time<3 hours |
1.02 |
|
3 hours<=running time<4 hours |
1.03 |
|
4 hours<=running time<5 hours |
1.04 |
|
…. |
…. |
|
23 hours<=running time<24 hours |
1.23 |
|
running time-24 hours (1 day)<1-hour |
1.1 |
|
1-hour <=running time-24 hours<2 hours |
1.11 |
|
…. |
…. |
|
23 hours<=running time - 24 hours<24 hours |
1.33 |
|
running time-48 hours (2 days)<1 hour |
1.2 |
|
23 hours<=running time-48 hours<24 hours |
1.43 |
Example:
If user A invested 1,000 USDT (500U + 500U equivalent MNI tokens) and all users invested 10,000 USDT (USDT + tokens), user A's actual turnover on the first day is 2,000 USDT and all users' turnover on that day is 50,000 USDT, user A's effective turnover accounts for 2,000/50, 000 = 0.04, user A pending orders accounted for 1,000/10,000 = 0.1, then the user can get
1. Volume pool rewards for 3000 * 0.04 = 120 USDT. (Time-weighted bonus if participated continuously.)
2. The liquidity pool reward is 3000*0.1=300 USDT. (Time-weighted bonus if participated continuously.)
3. If the user ranks the top three in trading volume, he/she will get a separate additional bonus proportionally.
4. If the user ranks top 3 in terms of volume of pending orders, he/she will receive a separate bonus proportionally.
In the liquidity pool, there are three participants A, B, C, in the calculation of the weighted reward, if A has participated for 2 days and 5 hours (53 hours), B participated for 1 day and 5 hours (29 hours), C only participated in the same day and 5 hours, the original weighting proportion are A=1.25, B=1.15, C=1.04
The adjusted weighting proportion for A is 0.25/(0.25+0.15+0.04)=56.81%, for B is 0.15/(0.25+0.15+0.04)=34%, for C is 0.04/(0.25+0.15+0.04)=9.09%, and the reward for joining the liquidity pool on the same day. For 1,000 tokens, then A will receive 568.1, B will receive 340, and C will receive 90.9.
In short, the longer you participate, the more rewards you get!
Risk Warning:
Grid trading as a strategic trading tool should not be regarded as financial or investment advice from LBank. Grid trading is used at your discretion and at your own risk. LBank will not be liable to you for any loss that might arise from your use of the feature. It is recommended that users should read and fully understand the Grid Trading Tutorial and make risk control and rational trading within your financial ability.