Two percent of
@perpltrade's entire reward supply is sitting in a bucket only
@tread_fi users can touch.
It empties in fourteen days.
Then it's gone for the remaining fourteen weeks. Don't fuck this one up. 👇
1. The supply is fixed. The room is still empty.
50,000 mPoints get minted every week whether 300 wallets trade or 30,000. Access codes came off three days ago. A point you earn now pays exactly what a point in week 16 pays, and right now you're splitting it with a fraction of the crowd that's coming.
2.
@tread_fi users get 10,000 mPoints a week on top, for two weeks.
20,000 mPoints reserved for one terminal's users.
Your edge over a frontend trader with identical volume is 1 + 0.2 x (Perpl's volume / Tread users' volume). If Tread runs 5% of Perpl's flow, you earn five times the points per dollar traded.
3. Perpl charges makers 0.9 bps to open and nothing to close.
Opening $1M of notional on the book costs $90. Taking that same $1M off the book costs $690. Institutional market makers are excluded from mPoints, and that's the only exclusion the docs list.
4. Your floor is guaranteed before you deploy a dollar.
$500,000 is committed regardless of what Perpl trades. Divide by 1,000,000 mPoints and every point is worth at least 50 cents, with the extra tiers pushing it toward a dollar. You can price your worst case today. Name another farm that lets you do that.
Use my ref to get 5% points boost: SvSmBR8yYfX
Fourteen days. After that you're one more wallet splitting 50,000 with everyone who shows up in September.