🚀Early Weeks

In order to motivate more users to participate, incentivize market liquidity and trading volume, we will launch a one-week rewards event called EARLY WEEKS. On each chain (BNB, ETH, Polygon) 20,000 tokens will be distributed to users who lend, trade, or farm on ATE Finance.

When participating in specific lending and trading pools, each active address will receive ATE tokens and accumulate them into your rewards balance.

🚀 **I.Lending Rewards *30% （6,000 ATE Tokens）**

During the event, lenders can participate by depositing their asset to valid lending pools and gain relative points. Then the points will be accumulated and calculated for the rewards by the end of event.

Lending Rewards are distriubuted to lenders who deposited assets in lending pool based on a combination of amount and time.

Lending Points= Lending amount * time

Lending Rewards= (lending points/ total lending points)*total ATE lending rewards

🚀 **II.Trading Rewards on Volume *35% (7,000 ATE Tokens)**

During the event, users who open positions with Margin Trading will get rewards according to their trading volumes.

The trades can participate by margin trading any valid pair, for long or short.

Rewards calculation:

The event will have a maximum allowance of rewards. In each phase, the rewards will be reduced by a certain percentage, meaning the earlier you trade, the more rewards you can earn. Please review the latest trading event to confirm the reduction amount.

The campaign will have a maximum amount of ATE rewards. When the number of rewards earned exceeds this set value of OLE rewards, all rewards will be diluted according to the formula below:

Diluted rewards = Undiluted reward * (set rewards pool amount / earned total rewards)

For example: On Day 1, Jack makes a $1,000 trade and earns 100 ATE. On Day 2, he makes another $1,000 trade and earns 80 ATE. The event has a set amount of 7000 rewards. At the end of the campaign, the total prize pool generated 14,000 ATE. Using the formula above, Jack earned 90 ATE after dilution:

90 = (100 + 80) * (7,000/14,000)

Notes

Volume counts once a position is opened. That counts the position volume only, NOT requiring the trader to hold the position for a period.

🚀 III. Leveraged Farming Rewards on Volume *35% (7,000 ATE Tokens)

During the event, users who open positions with Leveraged Yield Farming will also get rewards according to their position value and time.

Farming Points= Position Value * time

Farming Rewards= (Farming points/ total Farming points)*total ATE Farming rewards

EVENTS SCHEDULE

The details of the event will be released gradually, please stay tuned.