We're thrilled to kick off Trading Fest Season 2, launching on February 4 with 180,000 OP in rewards and even more perks! Season 2 spans three months (12 weeks) and offers rewards for both stakers and traders. During this period, 180,000 OP has been allocated to be distributed among our community of stakers and traders.

A Look Back at Season 1

Season 1 was a massive success, and we want to thank everyone who participated and contributed to our growth. During this period, Polynomial’s TVL surged from $4 million to $7 million, while cumulative trading volume soared to $400 million.

What's New in Season 2?

During season 2, Polynomial will be distributing 15,000 OP weekly to the stakers and traders combined Starting on Feb 4. All the OP will be available to claim at the end of each epoch. Unclaimed rewards will roll over, allowing participants to claim them anytime during the fest.

Trader Incentives

In Season 2, the trader incentive system is evolving from a weekly reward structure to a daily incentive system.7,500 OP will be distributed weekly, amounting to approximately 1,070 OP per day for traders. This approach is to incentivise the active traders on Polynomial.

Traders will receive a Mystery Card at the end of each daily epoch, with OP rewards tied to these cards becoming claimable at the same time. The daily epoch resets at 1 PM UTC, and traders must claim their OP rewards within 30 days of receiving the Mystery Card. If a Mystery Card remains unclaimed after 30 days, the accumulated OP rewards will expire and return to the treasury, where they will be repurposed for future campaigns.

To be eligible for claiming a Mystery Card, a trader must have completed at least 5 trades on Polynomial. Traders who have already met this requirement since launch can instantly claim their rewards. However, new traders will need to reach 5 completed trades before becoming eligible to claim OP rewards.

These rewards will be distributed based on trading fees and skew balancing and will be claimable directly through the Polynomial UI on the Polynomial chain.

New Trader Incentives

New traders will receive an extra incentive in Polynomial Points, sourced from unclaimed points. A total of 7M unclaimed trading points will be redistributed to new traders joining the platform starting February 1 at 12 PM UTC.

The first 5,000 new traders will receive Polynomial Points upon completing the following milestones:

• Completing their first trade

• Completing three trades

• Completing five trades

This initiative aims to reward new users while ensuring active participation in the trading ecosystem.

Staker Incentives

Stakers will earn 7,500 OP weekly, along with 60% of trading fees, offering an estimated APR of 36-61%. Deposits will continue accruing Polynomial Points, while sUSDe deposits will earn sats rewards, and USD0++ depositors will receive additional rewards from our partner protocols.

How to Claim Rewards

• Trader rewards will be sent on the Polynomial chain and can be claimed through the Trading UI.

• Staking rewards will be sent via Sablier and require manual claiming.

• Rewards are calculated weekly and displayed as estimates in the UI, with final values subject to adjustments.

Season 1 Reward Claims

All participants from Trading Fest Season 1 can now claim their trading and staking rewards via Sablier. The deadline to claim these rewards is February 28, 2025. Ensure you claim your rewards before the expiration date. Any unclaimed OP rewards after this period will be reallocated for future campaigns and incentives.

Stay Updated! 📢

If there are any changes to the reward structure, we will keep you informed through our official social channels. Make sure to follow us on X and join our Discord community to stay in the loop!