💎Rewards

DEADRARE SEASON 1

July 4th

🍬 Season 1 will last for 60 days. 🍬 Earn DARE for the first 30 days. 🍬 Exchange DARE for ALPH trading fees.

100% of all ALPH trading fees for days 0-60 will be distributed to DARE token holders at the end of the season. The team will hold ZERO DARE tokens.

https://deadrare.io/rewards👇

What is the purpose of season 1?

We want to incentivise trading activity on Deadrare and help grow the NFT ecosystem on @Alpehium.

How do we earn tokens?

Token are rewarded for completing any trades on https://deadrare.io/ . The ALPH value of the trade counts towards your daily total.

How are rewards calculated?

1024 tokens are distributed for each day. These are split evenly based on the amount of ALPH traded by every trader across all pairs on the platform.

When do we get the DARE reward tokens?

We will be airdropping these after the first 30 days, but you can check your current balance on the leaderboard https://deadrare.io/rewards.

How will the ALPH fees distributed?

We will open a single Buy order on CandySwap to buy the entire supply of DARE for the total amount of trading fees accumulated during the season. The bought DARE will be burned or just folded into the next airdrop.

Can I hold my DARE until next season?

Yes you can keep your DARE tokens for next season, then basically you are speculating that the trading fees will grow even higher.

What should DARE holders do to help?

You are now the decentralised Deadrare marketing team for the next 60 days! Help spread the hype, create new collections and have fun on the platform. The more people trade, the more ALPH you will earn.

How can I maximise my rewards?

Buy or sell a DRGN NFT during the season and get a 10x multiplier for that day! https://deadrare.io/collection/drgn

All trading volume of any NFT will be 10x for that day. This is indicated by a flame next to your wallet address on the rewards table (Figure 1).

Each DRGN can only be used once during the Season, so you need to buy/sell a DRGN that has never been sold before during the season. Each DRGN can only be used to activate the 10x once for the the whole season. The 10x only counts for the day in which it was traded.

Figure 1: The top 3 traders have the fire emoji next to their wallet address, because they have activated the 10x multiplier by trading a DRGN.

Try and be the majority trader over many days, just topping 1 day will only get you a share of rewards from that day.