šŸ„©Stakers' Boosted Trading Rewards

Earn more trading rewards by Staking on Zeta

In recognition of long term Zeta Trader's commitment to the platform by staking their ZEX. ZEX stakers are eligible for boosted trading rewards starting from trading epoch 4 (17 Oct 2024).

How does it work

Similar to standard trading rewards, the stakers' boosted rewards will be compiled and distributed based on the same Epoch Schedules.

Stakers will have to place trades within an epoch, to be eligible for the boosted rewards, after the epoch. Once an epoch ends, the rewards will be allocated and distributed based on the following formula

ri=āˆ‘h=0672gZEXh,iƗZScoreiāˆ‘nāˆ‘h=0672gZEXh,nƗZScorenƗtotalEpochRewardr_i = \dfrac{{\sqrt{\sum_{h=0}^{672} gZEX_{h,i} \times{ZScore_{{i}}}}}}{{\sum_{n}\sqrt{\sum_{h=0}^{672} gZEX_{h,n}\times{ZScore_n}}}} \times totalEpochReward

where:

  • ii refers to any individual staker

  • rir_i is the staker's trading reward for ii

  • h is the hour of the day

  • n is the total number of stakers in the epoch

  • gZEXgZEX is the hourly snapshot of total gZEX credited to the user(s)

  • ZScoreZScore is the total amount of Z-Score earned by the user(s) within the epoch while staking, that is eligble for the Staker's Trading Rewards

  • totalEpochRewardtotalEpochReward is the total amount of stakers' trading rewards given out during the epoch

In summary, a staker's reward allocation is proportionate to gZEXhourlyAvgƗZScore\sqrt{gZEX_{hourlyAvg} \times ZScore}.

Rewards Pool

The stakers' boosted trading rewards is distributed from a separate rewards pool, that is separated from the main trading's rewards pool. This is an exclusive pool of rewards, dedicated to ZEX stakers.

Last updated