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Delta Exchange Launches $50 million Liquidity Incentive Program
Summary: According to a report from Blockworks, the crypto derivatives exchange Delta Exchange has launched a $50 million liquidity incentive program. Users who deposit on the trading platform and participate in any contract trading activities will be eligible for rewards. Delta Exchange CEO Pankaj Balani said that the incentive plan will last until 2022. Rewards will ...
According to a report from Blockworks, the crypto derivatives exchange Delta Exchange has launched a $50 million liquidity incentive program.
Users who deposit on the trading platform and participate in any contract trading activities will be eligible for rewards. Delta Exchange CEO Pankaj Balani said that the incentive plan will last until 2022. Rewards will be calculated and distributed on a daily basis, and the daily reward pool will be distributed among traders in proportion to the fees paid by traders.
Delta Exchange is a crypto derivatives exchange and supports trading of Bitcoin futures and futures on over 50 top DeFi coins and altcoins. The company is supported by VCs including Sino Global, Aave Ventures, CoinFund, Kyber Network and Spartan.
The platform claims that its daily transaction volume has exceeded $400 million, and the monthly transaction volume has reached a record high of $12 billion.
By Mary Liu
Tags: DeFi,Delta Exchange
Link: Delta Exchange Launches $50 million Liquidity Incentive Program [Copy]