Trade Mining Q&A
Anyone, whether a seasoned or inexperienced crypto trader, can benefit from this updated feature.
In Trade Mining V2.0, you can earn hashrate and PAN rewards for every trade that involves at least one reward-eligible token and is not necessarily executed through pandora.digital, but rather a different DEX.
We’ll guide you each step along the journey.
In Trade Mining V2.0, every time someone conducts a successful trade via Pandora Swap, he or she will earn a certain amount of hashrate proportional to the volume of that particular trade. This amount of hashrate is used upon calculating the trade mining rewards from the Instant Pool the user is entitled to in each epoch.
Hashrate earned during a specific epoch is valid during that epoch only and shall not be carried over to the next one. That means your hashrate will be reset to 0 when a new epoch starts.
Hashrate Received = Token’s Multiplier/Total Multiplier * Trading Volume– Hashrate Received: the amount of hashrate you earned for a successful trade – Token’s Multiplier: if both the input and output tokens belong in the Incentive List, each is assigned a specific multiplier. The higher multiplier will be taken into consideration upon calculating hashrate for that swap. – Total Multiplier: the sum of the multiplier of all the tokens available in the Incentive List. – Trading Volume: the USD value of the incentive token of the trade
Individual rewards = Individual Hashrate/Total Hashrate*Total PAN rewards– Individual Hashrate: Hashrate a user earned in epoch X – Total Hashrate: The sum of the hashrate earned by all users in epoch X – Total PAN rewards: The total rewards in Instant Pool during epoch X
There are 2 token lists to determine whether a trade is qualified for receiving hashrate.
- Incentive List: a list of all tokens qualified for hashrate and predetermined by Pandora. A trade is entitled to hashrate when either or both input or output token of that specific trade fall into this list. Each token in this list is associated with a preset multiplier.
- Verified List: a list of all tokens that have been internally audited and verified by Pandora. In case only the input or output token of a swap is listed in the Incentive List, the other one must fall into the Verified List, otherwise, no hashrate will be credited for your trade.