Introduction to Proof of Trade (POT) Interface
$POT is the fee-sharing token in TraderDAO, backed by real yield assets.As more trades are added, the base price of $POT increases, which makes it a valuable asset to hold for users.
Backing Per $POT: This represents the amount of $POT that is backed by assets held in the treasury.
24 Hour Trading Volume: This is the trading volume personally executed by the user in the last 24 hours.
24 Hour Mint $POT: This represents the amount of $POT that has been personally minted by the user in the last 24 hours.
$POT Current Block Rate: This indicates the progress of each block of transactions towards the next block.
Personal Trading Volume: This is the total trading volume personally executed by the user.
Team Trading Volume: This is the total trading volume executed by the user's direct referrals.
Total Trading Volume: This is the total trading volume of the entire TraderDAO network.
Current Mining Power: This is determined by the user's personal trading volume in the last month and determines their current mining power.
By providing more trading data to TradeGDT AI, users can increase their mining power, enabling them to mint more $POT rewards through TraderDAO's Proof of Trade mechanism.
If wash trading is detected, the mining power will be reduced. This measure is in place to prevent those engaging in wash trading and to protect the interests of all participants, ensuring healthy growth for TraderDAO together.
Next Mining Power: This is determined by the user's current monthly trading volume, which will determine their upcoming mining power.
Proof Of Trade Requirement: For $POT minting, only USDT pairings in Futures Derivative Contract Trading and Spot Trading are considered.
Available to Claim: This shows the $POT rewards that users have earned from their last trading session, which are available to claim. (To claim $POT rewards, fill in the amount and then click on "Claim.")
Claim: Click this button to claim $POT rewards.
Your History: Use this to check your $POT reward history.
Last 30 Days Proof of Trade Rewards: This displays the user's total $POT rewards earned from personal trading contribution in the last 30 days.
20% of Last 30 Days Proof of Trade Rewards: This indicates the last 30 days of 20% $POT rewards earned by the user's direct referrals from their trading contribution.
The settlement for $POT rewards, both for trading and referral, will be process based on 24hrs trading data that is recorded from 16:00 UTC to the next day's 15:59 UTC. The settlement for $POT rewards will be process at 04:00 UTC the following day.
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