# Optimism Trading Incentives Program

By [redrice](https://paragraph.com/@redrice) · 2022-08-05

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With Thales receiving 900,000 OP tokens as [Phase 0 grant allocation from Optimism](https://gov.optimism.io/t/gf-phase-0-proposal-thales/1078), 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**](https://thalesmarket.io/ranged-markets) IN/OUT tokens Buy Volume in sUSD

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*Originally published on [redrice](https://paragraph.com/@redrice/optimism-trading-incentives-program)*