Magic Eden’s Season 2 rewards program launched April 17, 2025, introducing revamped mechanisms for incomes ME tokens by buying and selling, staking, and platform engagement. The brand new system simplifies reward calculations, affords real-time monitoring by way of hourly leaderboard updates, and expands eligible actions to incorporate Bitcoin-based Runes and Ordinals trading.
Key Takeaways
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Season 2 runs from April 17 to mid-August 2025, with rewards calculated utilizing each buying and selling quantity and staking energy.
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Staking ME tokens supplies multipliers starting from 1.07x (7-day lockup) to three.65x (365-day lockup), with early adopters receiving a 5% bonus earlier than Could 1.
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Each $1 in buying and selling quantity provides 1 level to your leaderboard rating, with bonus factors for linking wallets and each day buying and selling.
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The reward method combines buying and selling quantity and staking energy: Complete rewards = (Buying and selling quantity × 0.15) + (Staking energy × 0.10).
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Season 2 addresses Season 1 suggestions by eliminating tranche-based rewards and specializing in particular person efficiency metrics.
The right way to Earn ME Tokens in Season 2
Magic Eden’s Season 2 rewards program affords a number of pathways to earn ME tokens. The platform now tracks a number of actions that contribute to your total rewards calculation. These embrace:
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Buying and selling NFTs on the platform
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Swapping tokens (now together with Bitcoin-based Runes and Ordinals)
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Staking ME tokens with varied lockup durations
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Linking exterior wallets (one-time 50-point bonus per pockets)
In contrast to Season 1, which faced criticism for its difficult tranche system, Season 2 bases rewards solely on particular person efficiency. This alteration makes this system extra accessible to new customers whereas rewarding constant individuals.
Staking Methods for Most Returns
Staking serves as a strong multiplier within the Season 2 rewards construction. The longer you decide to locking your tokens, the upper your staking energy turns into.
Here is how the lockup durations have an effect on your multiplier:
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7 days: 1.07x multiplier
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30 days: 1.30x multiplier
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90 days: 1.90x multiplier
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180 days: 2.80x multiplier
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12 months: 3.65x multiplier
For instance, should you stake 100 ME tokens for 30 days, your staking energy turns into 130 (100 × 1.30). As soon as staked, tokens can’t be withdrawn till the lockup interval ends, although you may lengthen durations retroactively to extend your multiplier.
Magic Eden has added a useful “Max” button on their staking dashboard that mechanically allocates all obtainable tokens in your pockets. Early birds who stake earlier than Could 1 obtain an extra 5% bonus on staking multipliers for the primary 30 days.
Optimizing Your Buying and selling Rating
Buying and selling exercise types the spine of the Season 2 rewards program. The system is easy—each $1 in buying and selling quantity provides 1 level to your leaderboard score. This is applicable throughout all eligible property, together with NFTs, tokens, and the newly built-in Runes and Ordinals.
Information from the primary week of Season 2 exhibits high 10% merchants averaging 12,000+ factors as of April 21, 2025. The leaderboard thresholds fluctuate hourly, so constant buying and selling is essential to sustaining rank.
Magic Eden has added a number of bonus alternatives to spice up buying and selling scores:
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Each day commerce bonuses that improve with consecutive buying and selling days
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A one-time 50-point bonus for every new pockets linked to your account
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Time Boosts characteristic giving 5-second clock benefits after profitable three consecutive duels
Utilizing the Leaderboard to Observe Progress
The Season 2 leaderboard affords hourly updates, a major enchancment over Season 1’s restricted transparency. The redesigned interface exhibits:
This real-time suggestions makes it simpler to regulate your technique based mostly on present efficiency. The leaderboard additionally highlights how shut you might be to reaching the following reward tier, permitting for focused efforts to enhance your place.
Understanding Reward Calculations
Magic Eden has simplified the reward method for Season 2:
Complete rewards = (Buying and selling quantity × 0.15) + (Staking energy × 0.10)
For instance, should you accumulate $10,000 in buying and selling quantity and 500 staking energy, your reward calculation can be:
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Buying and selling part: $10,000 × 0.15 = 1,500 factors
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Staking part: 500 × 0.10 = 50 factors
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Complete: 1,550 ME tokens
Rewards are weighted towards the highest 20% of individuals, with distribution scheduled for mid-August 2025. For context, Season 1 distributed 10 million ME tokens price roughly $8 million.
Season 2 Timeline and Strategic Planning
Season 2 runs from April 17 to mid-August 2025, offering ample time to construct each trading volume and staking energy. This system consists of a number of time-sensitive benefits:
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Early-bird staking bonus (5% additional on multipliers) for many who stake earlier than Could 1
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Compounding advantages for long-term stakers (90+ days)
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Each day buying and selling bonuses that improve over consecutive days
Magic Eden’s simulation knowledge suggests the optimum technique combines high-frequency buying and selling with long-term staking. Customers who steadiness each actions are likely to outperform those that focus completely on one method.
Enhancements from Season 1
Season 2 addresses a number of ache factors from the inaugural rewards program:
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Elimination of complicated tranche-based allocations in favor of particular person metrics
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Hourly leaderboard updates as an alternative of restricted visibility
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Clear percentile brackets exhibiting precise standing
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Interactive parts like audio and affiliation duels to extend engagement
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Extra balanced weighting between buying and selling and staking actions
These modifications reply on to neighborhood suggestions after Season 1, which confronted criticism for undervaluing long-term stakers and missing transparency in reward calculations.
