Coin-box Officially Launches "Advanced Season"

BlockBeats News, October 11th, Decentralized exchange platform Coin-box announced that it will officially launch the "Advanced Season" at 12:00 a.m. on the 12th, serving as a crucial transition phase between the first season and the upcoming second season.

During the Advanced Season, Coin-box will distribute point rewards based on users' overall participation, with assessment metrics including: effective trading volume, effective user referrals, P&L under fixed fee and revenue-sharing models, slippage amount, net deposit amount, and other multi-dimensional data. The team will flexibly adjust the weights according to market dynamics to ensure the fairness and reasonableness of point distribution, with every dimension included in the point calculation rules.

Furthermore, users demonstrating genuine trading behavior during the Advanced Season will receive additional rewards. Points will be distributed to user accounts every Wednesday during the event period.

Coin-box stated that the "Advanced Season" is not only a prelude to the second season but also a crucial stage to incentivize real traders and build a healthy ecosystem. The second season will kick off comprehensively after platform updates, bringing greater rewards and surprises.

In order to ensure system fairness, prevent malicious manipulation and equity dilution, Coin-box reserves the right to interpret the point formula and calculation mechanism.