Trading Rewards
Trade any NFT on BlueMove.
Earn MOVE tokens.
Simple.
Trading rewards are a core part of BlueMove’s token economy as we seek to become the most liquid marketplace for NFTs in the world.
How do trading rewards work?
Users who trade any NFTs on BlueMove earn trading rewards in the form of MOVE, BlueMove’s platform token.
Both the buyer and seller of an item earn rewards for their trading volume (except for private sales).
Trading rewards are calculated daily and rewarded to users at 0:00 AM (UTC).
Please also note that only trading volume resulting from orders created by the BlueMove Marketplace is included in the daily trading reward calculation. Any trades matched from custom orders created by private client libraries, or other unofficial marketplaces, are treated as outside of the BlueMove Marketplace and are not eligible for trading rewards. For trades made via NFT market aggregators, contact your aggregator to ask about trading rewards.
How many MOVE tokens are allocated for trading rewards?
Trading rewards will be earned over 4 phases with differing reward rates.
Note that rewards are subject to change depending on market conditions.
| Phase | Length | MOVE Per Day For Trading Rewards |
|---|---|---|
1 | 30 days | 100,000 MOVE |
2 | 90 days | 60,000 MOVE |
3 | 240 days | 30,000 MOVE |
4 | 365 days | 10,000 MOVE |
How are trading rewards calculated?
Every day, trading rewards are calculated based on each user’s trading volume on BlueMove, as a percentage of the total platform trading volume, excluding private sales..
Where:
a = Mover A's Trading Volume During Day 1
b = Total Platform Trading Volume During Day 1
c = MOVE Rewards Per Day
Example
Mover A's Trading Volume During Day 1 = 10,000 APT/SUI
Total Platform Trading Volume During Day 1 = 10,000,000 APT/SUI
Based on the above, Mover A would receive:
What does auto-compounding mean?
Pending
What are the eligible collections for trading rewards?
NFTs from all collections available on BlueMove are eligible for trading rewards. That means any NFT you buy or sell on BlueMove (except private sales) nets you rewards!
What happens if there’s wash trading?
The trading rewards system has been designed and iterated upon to heavily dissuade users from trading for the sole purpose of farming MOVE rewards.
Each trade on BlueMove (except for private sales) incurs a platform fee of 2%, and typically a royalty fee of between 5-10%. The total MOVE rewards for trading each day are also fixed, and distributed based on traders’ contribution to total trading volume, meaning that there’s no guarantee of the amount of rewards that anyone trying to farm the token can generate in a day.
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