WEEKLY REWARDS & BUYBACK
The latest reward distribution for holders of the joint NFT collection with Hunter Network has been completed.
🔥 Buyback & Burn:
🕯 Bought back from the market —
🕯151,342 RIP
🔥 Burned — 75,671 RIP
🎁 Distributed to NFT holders:
🕯
161,213 RIP
😎
441.9 HUNT
The Buyback + 0.1% of the RIP/HUNT trading volume mechanisms continue to operate: part of the repurchased RIP tokens is permanently removed from circulation, while NFT holders regularly receive rewards.
To increase the trading volume of the RIP/HUNT pair and the rewards from trading NFTs, you can use the free TRADER game with a weekly 500,000 RIP prize pool for trading activity. Today, the game received an update.
🎮 TRADER GAME
The bonus point system has been changed to make participation and rewards fairer.
Participation in TRADER is completely free and serves as an additional bonus for trading around the RIP token 🕯️
☑ Free to play
☑ All Axiome Chain wallets can participate
☑ Active pairs:
• RIP / AXM
• RIP / HUNT
☑ Weekly prize pool —
500,000 RIP
🕯️
With the launch of our own DEX, more trading pairs will be added.
⚡ WHAT CHANGED
The bonus point calculation has been updated to make rewards more fair.
Two factors are now taken into account:
• Trading volume
• Regularity bonus
Trading volume
The lower volume between total buys and total sells is used.
For example:
Bought for 100K RIP, sold for 10K RIP → 10K RIP counts as trading volume.
Regularity bonus
The counted trading volume is multiplied by a regularity bonus.
• 1 day of trading — ×1
• 4 days — ×1.5
• 7 days — ×2
🏆 REWARD DISTRIBUTION
The prize pool is distributed among all participants proportionally to their bonus points, as before.
In TRADER, it is important not just to buy or sell, but to actually trade in both directions.
This means near-zero trades will no longer affect the overall result, making reward distribution more fair and tied to real trading volume and regular activity.
Buy. Sell. Track your results. Earn rewards.
And compete for the prizes.
🕯 RIP Candle
✖️ X | ✈ Mini App |📱 Medium
🦎GeckoTerminal | 🤨 CoinGecko
#RIPCandle #RIP #Axiome #Web3