Coincall Launches “Trade To Earn 2.0”: Enjoy 100% Net Fee Rebate on Options and Futures!

Dear Coincall Users,

To express our gratitude for your strong support since the launch of $CALL and to help the growth of $CALL, Coincall is excited to introduce the Trade Mining 2.0 event. During this event, 100% of the net fees generated from trading all options and futures pairs will be used to repurchase $CALL and will be fully refunded to users!

Event Period: May 24, 2024, 00:00 - June 10, 2024, 00:00 (UTC)

Event Details:

During the event, participate in futures and options trading to receive a rebate on net fees according to the following proportions, with the rebate paid in $CALL. The $CALL rewarded during the event will be bought directly from the market and then distributed.

• The net fees are the trading fees paid by users, excluding market makers' negative rates and all commissions.
• The calculation is done every hour. Based on the net fees you paid during the current hour, the amount will be converted into the corresponding number of $CALL at the average price of $CALL for that hour. The $CALL will be distributed at the beginning of the subsequent hour. For example, the net fees from 1:00 to 2:00 will be converted into $CALL based on the average price from 1:00 to 2:00 (calculated every second). The $CALL will be distributed at 3:00.

Example:

User A generates a total fee of $100 from trading futures and options between 1:00 and 2:00. After deducting negative fee rates and commissions, the net fee is $70. With a 100% rebate, the refund amount is $70. If the average price of $CALL between 1:00 and 2:00 is $0.2, User A will receive $CALL amounting to 70/0.2 = 350 at 3:00.

Event Rules:

1. The event is time-limited, and rewards are available on a first-come, first-served basis.
2. Market makers are not eligible for this event.
3. Trading $CALL rewards are automatically distributed, but users need to claim them on the $CALL Hub page.
4. Liquidation fees are calculated at the taker rate.
5. Option exercise fees are not counted as trading fees in this event.
6. Coincall reserves the right to interpret and modify the terms of this event.

Up to 0 Spread Options Trading

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