Eligibility
Participation Requirement:
- To qualify, users must execute trades of more than 0.01 BTC or the equivalent in any BTC on BitFLUX.
Eligible Activities:
- All trades executed on BitFLUX's stable-swap pools are eligible for rewards.
Trading Volume Accumulation
Multi-Category Counting:
- Trading volume from a single day contributes simultaneously to Daily, Weekly, and Monthly reward tallies.
Tracking:
- Your trading activity is automatically tracked and allocated to the respective tournament periods.
Tournament Structure
BitFLUX-Hosted Tournaments:
- Daily, Weekly, and Monthly Tournaments run continuously with all trading assets participating.
- Rewards are distributed among all users participating in each tournament period.
Partner Tournaments:
- These tournaments are scheduled for fixed dates and times, as determined in collaboration with our partners.
- Specific assets eligible for partner tournaments will be communicated prior to the event.
- Reward distribution in partner tournaments will be coordinated between BitFLUX and the partner.
Treasure Rewards
Chest Issuance:
- Participation in each tournament Daily, Weekly, Monthly, or Partner is rewarded with a unique Treasure.
Treasure Purpose:
- Treasures serve a purpose of rewarding users with additional FLUX and Sparks points, multipliers for FLUX points accumulation, and unique white lists.
FLUX Points Multipliers
Base Multiplier:
- Every eligible user starts with a base multiplier of 1x.
Temporary Multipliers:
- Daily Trading: If you trade on a given day, you become eligible for an additional 1x multiplier (applied from the next day).
- Weekly Trading: Trading activity in the previous week grants another 1x multiplier.
- Monthly Trading: Trading activity in the previous month adds an extra 1x multiplier.
- Maximum Temporary Multiplier: This stacking system allows for a total temporary multiplier of up to 4x (1x base + 1x daily + 1x weekly + 1x monthly).
Permanent Multipliers:
- Volume-Based Reward: Trading a cumulative 2 BTC makes you eligible for a 0.5x permanent multiplier. Trading a cumulative 10 BTC qualifies you for a 1x permanent multiplier
Partner Tournament Rewards:
- Certain tournaments hosted with partners will additionally reward permanent multipliers.
Multiplier Reevaluation
Frequency:
- Multipliers are recalculated daily.
Components of Reevaluation:
- Base Multiplier: 1x for all users.
- Volume Multipliers: Based on cumulative trading volume 0.5x for 2 BTC, 1x for 10 BTC, as applicable.
- Temporary Multipliers: For trading performed yesterday daily, last week weekly, and last month monthly.
- Permanent Multipliers: Earned via Partner Tournaments.
This dynamic reevaluation ensures that your FLUX Points multiplier reflects your most recent and cumulative trading activity.
Automatic Crediting
Reward Distribution:
- All FLUX Points, along with their corresponding multipliers, are credited automatically to your account.
- There is no manual claim process—your activity and performance are tracked in real time.
Additional Considerations
Transparency & Updates:
- BitFLUX reserves the right to update these rules as needed. Any changes will be communicated clearly and in advance.
User Dashboard:
- Detailed records of your trading volumes, earned medals, and multiplier status will be accessible via your BitFLUX account dashboard