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Aster announces the launch of Marina Protocol (BAY) perpetual contract, trade to share a $50,000 ASTER token reward.

2 hours ago

**Aster Launches BAY Perpetual Contract, $50K ASTER Rewards Up for Grabs** On April 8, Aster announced the launch of the Marina Protocol (BAY) perpetual contract. Traders who participate can share $50,000 in ASTER token rewards. ### Key Details - **BAYUSDT Launch Time**: 20:00 UTC+8 on April 8 - **Reward Pool**: $50,000 worth of ASTER tokens - **Event Period**: 20:00 UTC+8, April 8 – 22:00 UTC+8, April 15 - **Fee Bonus**: BAYUSDT perpetual contract trades get a 1.2x bonus on trading fees during the event ### Reward Calculation Rules Rewards are distributed proportionally based on a user’s BAYUSDT perpetual contract trading fees relative to all eligible users: \[ \text{Reward} = \text{Total Reward Pool} \times \left( \frac{\text{User’s BAYUSDT Fees}}{\text{Total Eligible Users’ BAYUSDT Fees}} \right) \] ### Eligibility & Limits - Users must generate **total trading fees > $5** to qualify - Single user reward cap: 3% of the total reward pool - Rewards < 1 ASTER token will not be distributed
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