With Thales receiving 900,000 OP tokens as Phase 0 grant allocation from Optimism, part of that allocation is to be dedicated towards a Trading Incentives program on the Thales marketplace.

Thales governance structure reached an agreement to emit 200,000 OP tokens + 350,000 THALES tokens as Trading Incentives for a duration of 14 weeks and 135,000 OP tokens as bonus rewards for Traders who are also staking THALES at the same time.

The program is split across 7 rounds of rewards, each lasting for 2 weeks (14 days). Each round will have a fixed amount of tokens as rewards distributed pro-rata among Buy Volume drivers across different reward buckets.

The distribution of rewards per each 14-day round is as following:

• 11,000 OP + 20,000 THALES split between UP token Buy Volume in sUSD

• 11,000 OP + 20,000 THALES split between DOWN token Buy Volume in sUSD

• 6,000 OP + 10,000 THALES split between Ranged Markets IN/OUT tokens Buy Volume in sUSD