CRUDE.NGN is meant to represent the Naira currency on the bitshares DEX, currently holders of the asset are few and dormant. Only a few persons currently trade CRUDE.NGN actively and this has led to low trade volumes. In order to change this trend and make the CRUDE.NGN market more organic while boosting trade volumes, bitsharescrude is introducing a trading reward program, which will run till the end of the year. The program will reward the top ten trading accounts that trade with the naira according to the amount of CRUDE.NGN they own.
Market Rules
• Traders must have at least 1000CNGN in their accounts to be eligible.
• The top ten active traders with a bid equivalent of at least 1000CNGN will get to share the reward pot.
• The reward will be in the asset they are trading with i.e STH.
• The reward pot will be shared on a weekly basis after a snapshot of market orders and CNGN holders.
Introducing Stablecoin Reward
Stablecoins have now been added to the competition, the rules for Reward are a bit different
Weekly Reward 1%
Next Reward pot will be shared on 25th October, 2020
