Kana Labs & Econia Labs Launch Kana Kampaigns: Monthly Incentivization Program To Reward Active Users

Kana Labs & Econia Labs together launch ‘Kana Kampaigns’, a monthly rewards initiative rewarding loyal users of our order book platform ‘Kana Trade’ with APT tokens based on trading volume and activity.

Dear Kana Knights,

We at Kana Labs together with our partner Econia Labs are thrilled to announce the launch of “Kana Kampaigns” an incentivisation initiative aimed at rewarding loyal users and ensuring the continued growth of our order book platform “Kana Trade”. This initiative is a monthly rewards program created to recognize and reward our dedicated user base for their invaluable contributions which led to unprecedented growth and success of the “Kana Trade” platform.

To sustain this momentum and express gratitude to our loyal users, moving forward we will distribute 4,000 APT tokens every month via the “Kana Kampaigns” initiative rewarding users based on their trading activity.

You can track your rewards and milestones “here”.

The Rewards are awarded based on two primary categories — Volume and Activity.

1. Volume-Based Rewards (3,000 APT):

A substantial portion of 3,000 APT will be allocated to users based on their monthly trading volume on KanaLabs. This component rewards users pro-rata according to their percentage share of the total monthly trading volume on the platform, thus encouraging increased trading activity among our users.

Rewards formula : (User totalVolume / overallTradeVolume) * 3000

2. Activity-Based Rewards (1,000 APT):

The remaining 1,000 APT will be dedicated to acknowledging and rewarding our most active and engaged users through two distinct avenues:

• Daily Traders (500 APT): This segment distributes rewards equally among users who execute at least one trade every day of the month, fostering consistent engagement with the platform.
• Volume Milestones (500 APT): Users achieving specific monthly trading volume milestones, such as 100,000 USD, 500,000 USD, and 1,000,000 USD, will be eligible for bonus APT rewards, with higher milestones yielding more significant rewards.

Rules and Eligibility:

Here are the rules to be eligible for this campaign

1. The campaign starts on 3rd April 2024 from 2.30 PM UTC.
2. Only trades placed on the “Kana Trade” platform will be considered for this initiative.
3. Rewards will be distributed by the 5th of the following month.
4. All users from across the globe except restricted jurisdictions are eligible to participate in this initiative.

Through this meticulously designed rewards structure, Kana Labs aims to create a fair, inclusive and engaging system catering to diverse segments of our user base, from high-volume traders to daily active participants. Now, users can earn APT tokens effortlessly just by trading in the “Kana Trade” platform.

Stay tuned for further updates on this exciting incentivisation campaign. The more you engage with our platform, the greater your rewards!

Thanks,

Team Kana Labs