🎮Trading Rewards

Trading Reward Smart Contract: 7jHr2vqcvCC1QsRg8tX97sfsMgemNmWM4FWtmru31gv9

Update on May 17th - Due to the unexpected market conditions and the interest of Fallen Angels' broad community, trading rewards are suspended from May 16th. Please join our Discord for updates.

Update on May 20th - Trading rewards are resumed with 10,000 $ANGEL daily. Fallen Angels now adopts a dynamic mechanism for trading rewards release. Please join our Discord for updates.

Users who trade any NFT on Fallen Angels will be eligible to earn trading rewards in the form of $ANGEL, Fallen Angels' platform token.

Both the buyer and seller of a sold item will be eligible to receive the reward

Trading rewards are calculated daily and rewarded to users at the end of each day (UTC). The entire schedule of trading rewards emissions will be approximately 1080 days, at which point all $ANGEL token emissions will come to an end as the ecosystem becomes fully self-sustaining.

Release Schedule of Trading Rewards (in $ANGEL)

In $ANGEL tokenomics, 35% of the total supply (or 350,000,000 $ANGEL), will be allocated to rewarding and incentivizing trading of NFTs on Fallen Angels.

Trading Rewards Calculation

Everyday trading rewards are calculated based on each user's trading volume on Fallen Angels as a percentage of the total platform trading volume

$$Bob's Day 1 Trading Rewards = a/b*c$$

Where:

a = Bob's Total Trading Volume During Day 1

b = Total Trading Volume on Fallen Angels During Day 1

c = Trading Rewards Allocated for Day 1

Claiming Trading Rewards

Trading rewards claim is open 24/7. You are able to claim your daily trading rewards after the end of each day, or 0:00AM UTC. Any rewards you don't claim will still be available, so you don't need to rush and collect your rewards everyday.