# Trading Mining

## Trading Mining event has expierd.

KINE Trading Mining is starting from 30th March 2021. Connect to kine.exchange to share the $10,000 daily rewards. Every single trade counts.

## Origination

According to the [Kine Token Model](https://docs.kine.io/whitepaper/kine-token-model), 40% of total KINE supply will be used for ecosystem grant. Trading Mining is our primary program to distribute token rewards to all [kine.exchange](https://kine.exchange/) traders -- one of the most important participants of Kine ecosystem.

### Rules

On daily basis, certain amount of KINE will be rewarded to traders with executed trades in the previous day base on his/her contribution to the overall platform volume.

Over $35,000 worth of KINE will be distributed every week , i.e. $5,000 worth of KINE per day. The reward amount will be reviewed on weekly basis.

#### Calculation

Once a trader's yesterday trading volume meet certain requirement ($1500 at the moment ) , he/she can participant in splitting the rewards pool. Say there are 100 traders have over $1500 volume yesterday, than the $ 5,000 worth KINE will be equally shared by them, so 100$ worth KINE each.

#### Distribution

Latest by UTC 1:30 AM, trading rewards in KINE generated in the previous day will be distributed to trader's wallet balance on kine.exchange.

> eg: On 29th March, system sets the total trading rewards for 30th March as $20000, pool requirement volume set at $1000. KINE's 29th March close price at $5. Through 30th March, John has traded $100,000 meantime total of 20 traders has traded more than $1000. By 1:30 AM 1st April, John will receive his trading mining rewards for 30th March.
>
> Rewards amount = 20000/5/20 = 200 KINE
>
> John will receive 200 KINE in total.