> For the complete documentation index, see [llms.txt](https://dvx-trading.gitbook.io/dvx-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dvx-trading.gitbook.io/dvx-docs/dvx-mining/beta-mining/beta-mining-v2.md).

# Beta Mining v2

{% hint style="info" %}
**Caution**

1. During the beta mining v2, errors stemming from the network or DVX itself may arise, potentially leading to losses.
2. **All traders** engaging in Beta Mining **should fully understand these risks** prior to participation.
   {% endhint %}

### Overview

* DVX Beta Mining v2 will run for approximately 12 weeks (May 7 - July 31, 2024).
* Participants in Beta Mining v2 will be awarded rDVX proportional to their ‘Total Point’
* The token allocation for Beta Miningv2 will be announced. 

***

## 1. Points

*<mark style="color:purple;">**Total Points**</mark>**&#x20;= (Trading Volume Point) X {1+ Multiplier(SBT, NFT, Referral Bonus)}*** \
&#x20;                           ***+ Sequential Trade Bonus*** \
&#x20;                           ***+ Referral Volume Point***

1. **Trading Volume Points**: Points proportional to the amount of the trading volume. \
   &#x20;                                           ($100 Size Trading Volume =1 Point.)
2. **Multiplier:** Holders of DVX SBT or NFTs, as well as users entering a referral code, are eligible for a Multiplier bonus.
3. **Referral Bonus:** If you enter your Referral Code and trade on DVX, you will receive an additional 10% in points.
4. **Sequential Trade Bonus:** A Bonus Point that can be earned by trading for several consecutive days.
5. **Referral Volume Point:** Points are calculated as 10% to 20% of the trading volume of those who enter my Referral Code. The percentage varies depending on the number of invited users and their trading volumes. More details [here.](/dvx-docs/perp-aggregator-basics/referral.md)
   * Total Points are updated daily at 00:00 UTC.

***

## 2. Multipliers&#x20;

DVX offers a Multiplier that enables the earning of additional points. The Multiplier has three types: NFT, SBT, and Referral Bonus.

### 1. NFT Multiplier

* Users can claim NFTs based on their participation, trading volume, and leaderboard rankings during Beta Mining v1 starting from May 7, 2024.
* DVX is issuing NFTs to new users of Beta Mining v2 who complete the Galxe Mission, enabling them to acquire a Multiplier.
* For information on NFT benefits and criteria, [here](/dvx-docs/dvx-mining/beta-mining/dvx-nft.md).&#x20;

### 2. SBT Mutliplier&#x20;

<table><thead><tr><th width="121">SBT </th><th width="473">Criteria </th><th>Benefits </th></tr></thead><tbody><tr><td>Type D</td><td>OG Role holder</td><td>+50%</td></tr><tr><td>Type V</td><td>Over $100k trading volume in any 30 days from <br>Dec 2023 to Feb 2024 on the specified Perp DEX.</td><td>+40%</td></tr><tr><td>Type X</td><td><ol><li>Over $10k trading volume in any 30 days from <br>Dec 2023 to Feb 2024 on the specified Perp DEX. </li><li>DVX Early Role holder</li></ol></td><td>+30%</td></tr></tbody></table>

* DVX has enhanced the effects of SBT for DVX early users participating in Beta Mining v2.
* <mark style="color:purple;">Specified Perp DEX:</mark> DVX has categorized addresses based on the trading volume over the last three months at exchanges such as *<mark style="color:purple;">GMX, MUX, HMX, Aark, and Gains Network.</mark>*
* *For more details about DVX SBT,* [*here.*](/dvx-docs/dvx-mining/beta-mining/dvx-sbt-alpha-access-card.md)

#### **Rules for Combining NFT and SBT Benefits**

1. **Benefits from different NFTs do not stack; only the largest is applied.**
   * Ex. If you own both Gold Bear NFT(70%) and Puppet Bear 2 NFT(60%), only Gold Bear (70%) is applied.
2. **SBT benefits do not stack; only the largest one is applied.**
3. **The Benefits of NFTs and SBTs can stack and are calculated by addition.**
   * Ex. If you own Puppet 1 NFT(55%) and Type D SBT (50%), the total benefit is 105% (55%+50%).

### 3. Referral Bonus&#x20;

If you enter your Referral Code and trade on DVX, you will receive an additional 10% in points.

### **4. Point Boost: Daily Competition Rewards**

* <mark style="color:purple;">**‘Point Boost’**</mark> is a reward obtained from the previous day’s 24-hour 'Daily Point Leaderboard' competition.

  <table><thead><tr><th width="239">Daily Leaderboard Rank</th><th>Point Boost for 24 hours</th></tr></thead><tbody><tr><td>1-10</td><td>100%</td></tr><tr><td>11-30</td><td>70%</td></tr><tr><td>31-60</td><td>50%</td></tr><tr><td>61-100</td><td>30%</td></tr></tbody></table>

  * The Boost Percentage for the next day is determined based on the previous day's leaderboard ranking.
  * The Point Boost is activated for 24 hours, and its effects, along with the leaderboard rankings, are reset at UTC-00:00 daily.

***

### &#x20;**Sequential Trade Bonus**

The Sequential Trade Bonus is awarded for trading on consecutive days.

#### **Reset of Sequential Trading Bonus**

* If you stop trading before completing four days, the bonus points will reset to those of the first day.
* Trading for five consecutive days resets the count, and bonus points are applied as if it were the first day.

#### **Minimum Trading Volume**

* You must trade at least $1,000 to be eligible for bonus points
* Sequential Bonus Points are added to your points every 24 hours.(UTC-00)

<table data-header-hidden><thead><tr><th width="293.3333333333333"></th><th width="141"></th><th></th></tr></thead><tbody><tr><td><strong>Duration of Consecutive Trade</strong></td><td><strong>Bonus Points</strong></td><td><strong>Minimum Trading Volume(24hr)</strong></td></tr><tr><td>1-day consecutive trade</td><td>10Points</td><td>$1,000 USD</td></tr><tr><td>2-day consecutive trade</td><td>20Points</td><td>$1,000 USD</td></tr><tr><td>3-day consecutive trade</td><td>30Points</td><td>$1,000 USD</td></tr><tr><td>4-day consecutive trade</td><td>60Points</td><td>$1,000 USD</td></tr><tr><td>5-day consecutive trade</td><td>10Points</td><td>$1,000 USD</td></tr></tbody></table>

### **Referral Rebates Points**

Points are calculated as 10% to 20% of the trading volume of those who enter my Referral Code. The percentage varies depending on the number of invited users and their trading volumes. More details [here.](/dvx-docs/perp-aggregator-basics/referral.md)