Kicking off 50,000 $ARB incentive program for the Okto community
We are thrilled to announce that we've been awarded 50,000 $ARB tokens through the Arbitrum DAO's Long-Term Incentive Program (LTIPP) grant. This grant is a significant milestone in our journey with the Arbitrum ecosystem, reinforcing our commitment to providing exceptional trading opportunities to our users through the most powerful self custody trading app—Okto.
To celebrate this achievement and give back to the community, we’re launching the Okto $ARB Rewards Challenge. This is a unique opportunity for all active and new traders to earn up to 1,000 $ARB tokens by participating in futures trading on Okto.
Claiming $ARB Incentives:
We will continue to introduce new ways for the community to earn $ARB incentives over the coming weeks. For now, here’s how you can start earning:
Okto ARB Rewards Challenge
Join our exciting trading rewards program where you can earn $ARB tokens based on your trading volume. Over the course of the challenge, you can earn up to 1,000 $ARB tokens by reaching specific trading milestones. Here’s how you can participate:
Complete all 5 milestones to earn the maximum reward of 1,000 $ARB:
Milestone 1: Trade $10k in volume to earn 15 $ARB tokens.
Milestone 2: Trade $50k in volume to earn 70 $ARB tokens.
Milestone 3: Trade $100k in volume to earn 100 $ARB tokens.
Milestone 4: Trade $500k in volume to earn 500 $ARB tokens.
Milestone 5: Trade $1Mn in volume to earn 1,000 $ARB tokens. Note: The rewards for each milestone are inclusive of the rewards from the previous milestones.
Deposit min. $30 and earn 5 additional $ARB tokens : This offer is valid for new users who created their Okto wallets after August 15th. Deposit a minimum of $30 into your futures wallet to earn 5 $ARB tokens. These tokens would unlock once you reach the first milestone and will be rewarded along with 15 $ARB tokens.
Keep an eye on your trading volume as it updates every 24 hours, and aim to reach these milestones to unlock your rewards. Rewards will be distributed every Friday based on your progress, starting from August 23rd.
Campaign Guidelines:
Duration: The campaign will run until the entire 50,000 ARB reward pool is exhausted or 15th of September, 2024, whichever comes first.
Reward Cap: Each user can earn a maximum of 1,000 ARB throughout the campaign.
Weekly Payouts: Rewards will be distributed weekly based on user progress:
If a user reaches Milestone 1 in week 1, they will receive their reward that same week.
If they reach Milestone 2 in week 2, they will receive the difference between the rewards for Milestones 1 and 2 in week 2.