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Looksorare Trading Rewards
Trading Rewards Trade any NFT on LooksRare. Earn LOOKS tokens. Simple. Trading rewards are a core part of LooksRare’s token economy as we seek to become the most liquid marketplace for NFTs in the world. UPDATE 🎉 On October 27, 2022, LooksRare released an update to protocol fees, royalties, listing rewards, and trading rewards. Sellers will now receive 95% of trading rewards. For more information please, check out our blog post! 🎉 How do trading rewards work? Users who trade any NFTs on LooksRare earn trading rewards in the form of LOOKS, LooksRare’s platform token. Both the buyer and seller of an item earn rewards for their trading volume (except for private sales). Trading rewards are calculated daily and rewarded to users 2 hours after the end of each day. The entire schedule of trading reward emissions will be over 4,686,250 Ethereum blocks (or approximately 721 days, using 6,500 blocks per day), at which point all LOOKS token emissions will come to an end as the ecosyst...