⚒️Trade to earn
Trade to earn means when you trade via SunPumpTool you will get $SPT as reward.
6% of the total supply will be distributed as rewards to all users through our Trading-to-Earn model. This means that for every trade you execute through our bot, you'll earn a certain percentage in $SPT tokens in proportion to your trading volume (which will also entitle you to a share of the revenue) and your holding $SPT. And we will spare part of our profit to keep buying $SPT from the market for Trading-To-Earn rewards. To reward out loyal bot users, we will incentivize trading through SunPumpTool with a cashback in $SPT following the formula: $SPT cashback=Total Reward Pool × Your Trading Volume / Total Trading Volume of All Participants × Your Holding Weight Ratio
💬Holding Weight Explanation:
- Users with an average daily holding of 100,000 $SPT have an initial weight of 1.
- For every additional 100,000 $SPT held, the weight increases by 0.01.
- Holding Weight Ratio = Your Holding Weight / Total Network Holding Weight
⭐About Average Daily Holdings:
- Average Daily Holdings = Total Holdings of Each Day / 30 Days
During the event, we will take random snapshots daily. Only users with an average daily holding of 100,000 $SPT are eligible to participate in the Trading Mining.
Last updated