Spring Rewards Program Overview
Image source: Event Page
The Spring Rewards Program is designed for users at VIP 5 and above, aiming to encourage participation through various trading methods and offering corresponding rewards based on task completion. During the event, users can trade contracts, spot, or TradFi products. By reaching the required trading volume for each, they become eligible for the program’s rewards.
Eligibility
To participate in this event, users must meet the following criteria:
- VIP Level: Users must be upgraded to VIP 5 or higher.
- Trading Requirements: During the event, users must complete designated trading volumes in contract, spot, or TradFi trading according to the specific tasks.
Main Reward Tasks
Contract Trading Task
To promote contract trading, users must achieve a contract trading volume of at least 500,000 USDT during the event to qualify for a share of the contract trading prize pool.
Task requirements:
- Complete at least 500,000 USDT in contract trading volume.
- Rewards are distributed from a 160,000 MEZO prize pool, based on each user’s share of the total trading volume.
Spot Trading Task
To boost activity in the spot market, VIP users must reach a spot trading volume of at least 1,000,000 USDT during the event to participate in the spot trading prize pool.
Task requirements:
- Complete at least 1,000,000 USDT in spot trading volume.
- Rewards are distributed from a 160,000 MEZO prize pool, based on each user’s share of the total trading volume.
TradFi Trading Task
TradFi trading offers more VIP users the chance to engage with traditional financial markets. Users must complete at least 2,000,000 USDT in TradFi trading volume during the event to qualify for a share of the TradFi prize pool.
Task requirements:
- Complete at least 2,000,000 USDT in TradFi trading volume.
- Rewards are distributed from a 160,000 MEZO prize pool, based on each user’s share of the total trading volume.
Contract Trading Check-in Task
To encourage ongoing contract trading activity, the platform has introduced a contract trading check-in task. VIP users only need to check in for contract trading on 5 separate days to be eligible for the check-in prize pool.
Task requirements:
- Complete contract trading check-ins on 5 days.
- Rewards are distributed by VIP level: VIP 5 users receive 1 basic reward share, VIP 6-7 receive 2 shares, VIP 8-9 receive 3 shares, and VIP 10 and above receive 4 shares.
Reward Distribution Method
Each task’s rewards are allocated based on each user’s trading volume as a proportion of the total trading volume. The specific calculation methods are as follows:
- Contract, Spot, and TradFi prize pools: Rewards are calculated based on the user’s share of the total qualified trading volume. Formula:
Individual Reward = (Individual Trading Volume ÷ Total Qualified Trading Volume) × Total Prize Pool. - Contract Trading Check-in Prize Pool: Rewards are distributed according to VIP level weighting. Formula:
Individual Reward = (Individual Level Weight ÷ Total Weight Shares) × Total Prize Pool.
Reward Details
Users who complete the tasks and qualify for rewards will have the chance to receive:
- MEZO Tokens: The number of MEZO tokens awarded is based on each user’s performance in contract, spot, or TradFi trading.
- Platform Coupons: Users may also receive platform coupons or trial funds for future trades.
- Physical Prizes: Including but not limited to high-end items such as IWC Pilot’s Watches, Rimowa carry-on luggage, Lafite red wine, and more.
How to Participate
To join this event, users must complete the following steps:
- Upgrade to VIP: Ensure your VIP level is VIP 5 or above by meeting asset or trading volume requirements.
- Register for the Event: Click the "Join Now" button on the event page to register.
- Complete Trading Tasks: Fulfill the specified trading volume tasks during the event period.
Important Notes
- Only users at VIP 5 and above are eligible for this event.
- Users at VIP 14 and above, market makers, enterprises, institutions, and those with API trading volume ≥60% in the past 30 days are not eligible.
- Cheating is strictly prohibited: Bulk account registration, wash trading, self-trading, and other malicious behaviors will result in disqualification.
- Rewards will be distributed automatically within 10 business days after the event ends. Users can check their reward status in their accounts.
- Rewards from this event cannot be combined with similar promotions.
Summary
The VIP Spring Rewards Program offers a wide range of trading tasks and reward mechanisms. By completing contract, spot, and TradFi trading tasks, users can not only enhance their trading skills but also win MEZO tokens, platform coupons, and premium physical prizes. Participating in this event gives users the opportunity to gain more rewards and returns amid the competitive spring market. We encourage all VIP users to seize this opportunity and continue trading efficiently on Gate.
