๐ฐTrading Rewards
Trade on Vertex Edge (Base) and earn VRTX rewards!
By simply trading on the Base version of Vertex, users can earn VRTX rewards. Check out the section below for more details on the parameters and distribution mechanisms for the ongoing VRTX rewards program available to Base users.
VRTX Trading Rewards
Base users can earn VRTX rewards by trading on Vertex Edge (Base) as both a maker and taker.
The rewards for VRTX are part of the Ongoing Incentives Phase of the Vertex Trade & Earn program. Base users can continue to earn VRTX as both a maker and taker throughout the duration of the VRTX Rewards Program.
VRTX Rewards for Base users are available to both:
Takers
Makers
Let's break down how you can earn rewards for both categories.
VRTX Rewards -- Takers
A fixed pool of VRTX rewards is available each epoch to Vertex traders. The pool of VRTX is split and distributed proportionally to traders (e.g., takers) based on their taker fees paid.
The available VRTX rewards are then split between 4 chains supported by Vertex Edge, including:
Base
The amount of VRTX allocated to users is determined by a dynamic reward distribution mechanism across all 4 Vertex Edge instances. The parameters are as follows:
Total Reward Pool
There is a total amount of VRTX tokens allocated for rewards for each epoch (~28 days) of the VRTX Trade & Earn program.
1 Epoch = 28 Days
Total VRTX Tokens in Pool = 340,000,000
Total Epochs = 72+
Rewards are then split between the 4 chains โ Arbitrum, Mantle, Sei, and Base.
Dynamic Reward Allocation
The distribution of rewards is dynamically adjusted based on the activity and performance metrics of each chain. Examples:
More taker activity on Base = More VRTX taker rewards on Base.
More maker activity on Base = More VRTX maker rewards on Base.
Incentive Modulation
This method aims to balance incentives across both chains, encouraging active participation and liquidity provision where it is most needed.
For a full breakdown of Vertex Edgeโs cross-chain fee sharing and rewards model, please refer to the section here.
How to Claim Your VRTX Rewards
Base users with VRTX rewards will need to use the โChain Switcherโ feature on the Vertex app to claim their VRTX on the Arbitrum version of Vertex Edge.
To claim your VRTX rewards from Base, simply navigate to the "Chain Switcher" in the top-right of the Vertex app and switch to Arbitrum.
Your will see your available VRTX rewards to claim under the "Rewards Page" of the Vertex (Arbitrum) app page.
VRTX Rewards -- Makers
Makers that qualify for the Vertex Maker Program can begin immediately earning VRTX rewards as part of the Trade & Earn program on Vertex Edge (Base) as well.
The Vertex Maker Program is a rebate-based trading fee incentive program for price makers that contribute in excess of 0.25% of maker volume in a given epoch.
Maker Rebates
The Maker Program offers VRTX token incentives allocated to a scoring function that prioritizes:
Market Support
Uptime
Fees
The scoring function is as follows:
The minimum depth and maximum spreads per market are as follows:
Depth:
$25K for stables.
$5K for core markets (BTC & ETH).
$2.5K for alt markets (non-BTC & non-ETH).
Spreads:
10 bps for stables.
30 bps for core markets (BTC & ETH).
50 bps for alt markets (non-BTC & non-ETH).
*Please Note:
The Rewards Page on Vertex (Arbitrum) will show Arbitrum-only VRTX rewards but will be the single location for users to claim rewards across all chains supported by Edge.
The Rewards Page on Base will display VRTX rewards specific to that chain.
Last updated