According to official information, @Velvet_Capital will distribute 2,710,049 $VELVET tokens for this Epoch on August 10. Based on the current market price, the total value exceeds $1 million. This distribution differs from previous rounds: the final share each user receives is determined solely by their rank on the Gem leaderboard, with higher ranks receiving larger proportions. The top 10 users combined will receive over 25% of the reward pool. Ranks 11–50 and 51–425 use sliding scales, while active users ranked 426 and below will still receive a small portion of the remaining rewards. Primary ways to earn Gems include: - Spot trading volume - Perpetual contract trading volume - Staking $VELVET to earn veVELVET - Trading volume generated by referred users The system also offers daily streak bonuses, trading volume tier bonuses, and additional multipliers for Founders Club NFT holders. Note that daily earned Gems must be claimed promptly—unclaimed amounts will expire. @Velvet_Capital
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