Aster and Bubblemaps Launch $50,000 Dual Trading Reward Campaign

According to an official announcement, Aster launched the Bubblemaps (BMT) token alongside a dual rewards campaign running from Jan. 29 to Feb. 5, offering incentives for both spot and perpetual contract traders.

Summary

Aster officially announced the launch of the Bubblemaps token (BMT) and a dual trading rewards campaign for spot and perpetual contracts running from Jan. 29, 20:00 to Feb. 5, 22:00. Perpetual trading rewards will be distributed based on each participant’s Open Interest (OI) Score, while spot trading rewards will depend on users’ fee share contributions. The announcement also confirmed a 3% per-user cap on total rewards, reinforcing limits on individual earnings during the campaign.

Terms & Concepts
  • Open Interest (OI) Score: A metric based on active derivative positions, used here to determine reward distribution for perpetual contract traders.
  • Perpetual Contracts: Crypto derivatives without an expiry date, allowing continuous trading exposure to an underlying asset.
  • Spot Trading: The direct purchase or sale of an asset for immediate settlement, with rewards here tied to trading fee contributions.