How Quantix work
How to Use the Platform
- Best practices (coming soon)
- Tips and tricks (coming soon)
What are Trading Rewards, how does it work and how can benefit from them?
What are Trading Rewards?
Trading Rewards incentives users to buy and sell NFT on Quantix by rewarding them with some QNTX.
How do Trading Rewards work?
Trading Reward is given to Lister users that list to sell an NFT on Quantix and Buyer, users that purchase a whole NFT. So only the initial Seller and the Final Buyer are rewarded.
The reward becomes redeemable for the seller at the end of the quantization phase (only in the case of standard quantization, for self-quantization at the final purchase) and for the buyer at the final purchase of the NFT.
The amount of QNTX distributed decreases asymptotically
How Trading Rewards are sustainable?
1) trading rewards are Exchange Related and not Volume Related, in this way, we avoid performing fake overvalued wash trading.
2) Ethereum gas fees reduce the chance to have a gain in performing low-value wash trading.
3) Platform fee buyback gives sustainability on who will sell the QNTX distributed through the trading rewards.