xTIG & Trading Incentives

Attracting users and volume to a new protocol is never easy.
After spending months working on what we think is the best on-chain perp trading protocol, it’s time to expedite the process by firing up our new trading incentives.

Every week, a fixed amount of TIG will be allocated to be split between traders based on the amount of fees generated by them during the week.
After the week has concluded, they can claim the tokens in the form of xTIG.

xTIG is the reward token that traders receive by generating fees on the platform. It cannot be transferred and can only be claimed after the 1-week trading window, called an epoch, has ended.

A trader can either:

• Choose to wait 30 days before xTIG can be unlocked and withdrawn as TIG.
• Unlock it at any moment for a 50% penalty.
• Leave it as it is, since xTIG earns trading fees like staked TIG.

Another feature of xTIG is the possibility of adding extra rewards to it.
This way, another project can sponsor one or multiple trading epochs on Tigris.

Out of the total supply of 2 million TIG, 100,000 tokens have been reserved for volume mining.
The campaign will begin on Arbitrum with 500 TIG per epoch, which will be adjusted if needed.

As of now, the contract for xTIG is being audited by bytes032, and the UI for claiming and vesting xTIG is almost ready.
The first epoch will start as soon as possible.

Follow us to stay up to date:

• Debank: https://debank.com/official-account/110127/stream
• Twitter: https://twitter.com/TigrisTrades
• Discord: https://discord.gg/tigris
• Telegram: https://t.me/tigristrade