# Trading Rewards

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**Notes**

Listing and Trading rewards will be individually calculated and distributed daily, at approximately 01:00 UTC.
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When you purchase or sell an NFT, you may be eligible for trading rewards.

### Eligibility

The Minted team is dedicated to rewarding loyal customers and supporters of our platform. 

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Instead of deciding which NFTs are eligible for a certain day, we will make **all NFTs** eligible, **bar collections that have zero creator royalty**; this is to discourage wash trading and ensure that trading rewards are fairly distributed to users with genuine transactions on Minted.

### Rewards calculation

There will be no complicated points system, partnerships, or other fancy mechanics - trading rewards are distributed purely on trading volume.

We will reward both the seller and the buyer of an NFT equally. Rewards will be calculated as per the following formulae:

*User’s selling rewards = (User’s past 24h sold volume / All users’ past 24h trading volume) \* (Daily MTD Trading Reward / 2)*<br>

*User’s purchasing rewards = (User’s past 24h purchase volume / All users’ past 24h trading volume) \* (Daily MTD Trading Reward / 2)*<br>

*User’s trading rewards = User’s selling rewards + User’s purchasing rewards*

A snapshot will occur daily at the end of each 24-hour period (UTC). Calculations will occur and trading rewards will be distributed afterwards.

* Day 1: Trading Volume accumulation (00:00 UTC - 23:59 UTC)
* Day 2: Calculations occur and trading rewards will be distributed to the respective users

Trading rewards will be issued daily, with a snapshot to capture the volume of the past 24 hours at approximately 01:00 UTC everyday.


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