BSX Launches Season 2, Offering up to 3x Points through The Voyage Mission, Ahead of Token Launch
If you’ve traded on BSX, you might already be familiar with the Cambrian Phase, our inaugural Season 1 points initiative. In just a few weeks, the program has seen a surge with thousands of users signing up, more than $2B in trading volume, and we’ve allocated millions in reward points.
It’s with great enthusiasm that we announce the next chapter of our points program with Season 2 — The Voyage Mission. This fresh phase introduces an array of new rewards that correlate with your trading activity, offering benefits to those who enhance liquidity and actively trade on BSX!
Event details:
To celebrate this Season 2, BSX will double the amount of Season 1 rewards and slash retail trading fee by half and much more:
- More points: 16M trading points (plus 1M bonus points) up for grab.
- Reduced Fees: Lower the taker fee from 6bps to 3bps!
- Get paid to trade: Earn 0.5bp when your limit order hit.
- More interesting trading and vault products (soon)
- More rewards to potential partnerships and trading competitions.
The campaign will commence on June 18th at 00:00 UTC and will last between 2–2.5 months. Please follow our Discord announcement for weekly update.
Adjustment to the Points Acquisition Rules:
1) Adjustment to the Trading Points Rules:
Up to 2,000,000 points for participants to earn every epoch/week.
- Trading (75% points): All designated asset pairs are eligible for points. Bonus points may apply for new listings.
- Providing liquidity (20% points): Place limit order and earn points when order hits. The bigger the limit order, the more points.
- Contributing to Open Interest (5% points): Holding a position to earn points. The bigger the position, the more points.
More info regarding the calculation is here.
2) Adjustment to the Bonus Rules:
- Boosted Points: Three lucky winners of each epoch will be randomly chosen to receive 3x their trading points earned that epoch. The higher the volume, the more chance you win and more points to multiply.
- Holding Bonus: Depending on how much USDC deposited and held in BSX exchange in each epoch, participant will earn bonus accordingly to the table below:
- Note: Boosted points and holding bonus only apply to retail traders.
3) Captain rewards
BSX invites Key Opinion Leaders (KOLs) or BSX Captains to create their own ships to secure more benefits, with rewards escalating with the KOL level. Ship members will also enjoy an additional 10% in bonuses as well.
Referral incentives:
- 10% of referee’s points
- 10% cash rebate on referee’s trading fee
And More
BSX team will continue to roll out new products, bonus points, mini competition in Season 2 to make BSX more exciting to trade. Please stay tuned!
The Path to a Token Launch
Along with our deployment on Base and trading rewards program, we’re pleased to reveal we’re exploring the path to a token. Launch details and a timeline will be shared soon.
We look forward to your active participation as we embark on a new chapter of the BSX and strive to reach new heights with BSX as a top-tier trading venue for crypto derivatives.
Happy trading!
Join our community to stay in the loop
Are you building on Base, managing trading groups, or want to write about BSX? Please reach out for collaboration: marketing@bsx.exchange
