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A half-assed explanation again :v
I took this post from other thread
Need 20 badges per day, 5 for the daily quest, then 15 (5x3) for the three boxes you can buy every real day.
On the topic of this event, the announcement doesn't mention some stuff.
Like, you aren't defending a caravan that travels between cities, you're fighting bandits that spawn in each commerce town at 6pm in-game nights.
Or that you can get red badges via commercing, if you don't want to wait for spawns.
5k profit in one sell = 1 badge
10k = 2 badges
20k = 3 badges
(best to sell in batches of 5k profit)
Please add this info to the event description since its IMPORTANT