📈 Trader Rewards
Last updated
Last updated
Scopuly Trader Rewards is a program specifically crafted to reward active traders on the Scopuly platform. Here’s a detailed look at how this program works and the benefits it offers:
Scopuly Trader Rewards incentivize the platform’s users to trade by issuing rewards based on their trading volume and activity. Active traders on Scopuly can earn SCOP tokens as a form of reward, which encourages the use of Scopuly’s trading services and increases platform liquidity.
Trading Volume: Rewards are generally calculated based on the volume of trades a user performs on Scopuly. This encompasses both buying and selling activities within a certain timeframe, like daily, weekly, or monthly.
Reward Rate: There might be a tier-based system where the rate at which rewards are earned can increase with the trader’s volume, incentivizing users to trade more actively.
Reward Distribution: After calculating the trading volume, rewards in the form of SCOP tokens are distributed to the trader's account according to the rules set forth by the Scopuly Rewards Program.
Enhanced User Engagement: The rewards program encourages users to be more active on the platform, which leads to higher engagement and increased liquidity.
Promotion of New Listings: Rewards can also serve as a tool to promote the adoption and trading of newly listed tokens or trading pairs.
Increased Platform Stickiness: By offering tangible incentives, traders are more likely to remain with Scopuly over competitors.
Users may need to meet certain criteria, such as a minimum trading volume within a specific period, to be eligible for rewards.
The program might also incorporate different tiers or levels of rewards based on trading activity to cater to traders of various sizes.
Trader-Centric Approach: Scopuly’s trader rewards program is designed with the trader in mind, rewarding those who participate most actively in the marketplace.
Growth and Expansion: As part of the broader Scopuly ecosystem growth strategy, rewarding traders helps in both retaining and attracting users.
