Trade Mining
About the initiative
Section titled “About the initiative”The Cryptorg platform let users earn rewards in its own CTG token for trading operations through automated bots. Rewards were granted for every successful deal. Tokens could be withdrawn to an external wallet or held on the platform to boost mining efficiency.
Trade-to-Mine mechanics
Section titled “Trade-to-Mine mechanics”There was no classic mining (GPU/ASIC). The income depended on:
- the volume of trading operations;
- the account’s current tariff;
- the amount of tokens on the account;
- the platform’s overall daily activity.
The platform generated blocks with a fixed amount of tokens daily, distributing rewards between:
- traders — 70% of daily emission;
- holders with balances over 100,000 CTG — 30% of daily emission.
Deal weight formula
Section titled “Deal weight formula”Deal weight = V(btc) × T(k) / (Deals(day) × 0.0001) + (Ct / Deals(day) × 0.1) × Pc| Variable | Description |
|---|---|
V(btc) | deal volume in BTC |
T(k) | tariff coefficient: trial 0.1, starter 0.5, pro 0.7, business 0.8, voodoo 0.9 |
Deals(day) | number of deals on the platform over the past 24 hours |
Ct | amount of CTG on the account balance |
Pc | 2 for pairs with CTG, 1 for the rest |
The system computed the aggregate performance of all deals daily and distributed rewards proportionally to each participant’s share.
Example 1
Section titled “Example 1”- Total volume: 0.5 BTC
- Tariff: Starter (coefficient 0.5)
- CTG amount: 100
- Deals on the platform per 24h: 8,000
0.5 × 0.5 / (8,000 × 0.0001) + (100 / 8,000 × 0.1) = 0.31375Example 2
Section titled “Example 2”Same, but 10,000 CTG on the balance:
0.5 × 0.5 / (8,000 × 0.0001) + (10,000 / 8,000 × 0.1) = 0.4375You can see that the deal weight grows non-linearly with the CTG balance.
Holders
Section titled “Holders”Accounts with balances over 100,000 CTG received part of the daily reward proportional to their balance. The optimal strategy was to both hold tokens and actively trade.
Key influencing factors
Section titled “Key influencing factors”- Account’s current tariff.
- Amount of CTG on the balance.
- Deal volume.
- Number of deals on the platform per 24h.