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Economy => Service Announcements => Topic started by: Fides-exchange on March 31, 2020, 11:12:57 AM

Title: Fides Exchange 1 BTC Trading Competition
Post by: Fides-exchange on March 31, 2020, 11:12:57 AM
Fides Exchange 1 BTC Trading Competition
(April 1, 2020 thru June 30, 2020)

Pre-requisite (April 1, 2020 - April 30, 2020)
Verified account with 1 month of activity of at least 0.30 BTC (Total) across all base markets except LYNX.
2500 Participants must actively agree to participate on March 29th (Prompted on login); if for any reason the number of
users does reach the participant level of 2,500 OR those participating do not maintain a 0.30 BTC (Total) trading volume
for April, the contest
will be terminated and rescheduled.

Contest Period (May 1, 2020 thru June 31, 2020)
Must have monthly trading volume of at least 0.30 BTC (Total) across all base markets except LYNX
Contest Scoring - point are awarded based on the top 25 users for the following (excludes Lynx base pair markets):
 (75) Total aggregate trades (total value)
o (25) BTC base pairs
o (25) LTC base pairs
o (25) ETH base pairs
 (25) Cumulative trading activities (total value) for the contest period - all markets
 (25) Total number of referrals for the pre-requisite period and contest period.
o Must have at least 5 referrals meeting a monthly minimum trading requirement.
o Referrals must maintain min. monthly trading level of at least 0.05 BTC for the entire contest in any base
pair (BTC, LTC or ETH)
 (75) Total number of executed trades for contest period / lowest executed trade allowed is 0.0001 BTC.
o (25) BTC
o (25) LTC
o (25) ETH
200 Total Points
Contest Rules
o User can trade in any of the currencies and base markets except for the Lynx. Users must maintain a 0.30 BTC
(Value) in executed trades in any of the base markets for each month the contest is live.
o Only executed trades will be considered for determining continued eligibility of the contest.
o At any time that a participant does not maintain the minimum execute trades of 0.30 BTC (Total Value), the
participant will be ineligible.
o Participants that collude with others in Discord, Twitter or any other social media platform will be
o Participants that are part of trade executions where the counterparty (the other side) for the trade is the same
individual for more 75% or more of the trades will be considered coordinated trading efforts. Both participants
will be disqualified.
o All results will be presented with the top 25 participants for the all categories where the information of
individuals based on their system id without any user information.
o Decisions made for disqualification and the results are final.
Update throughout the Pre-requisite and Contest periods will be posted both on Discord and Fides Exchange Support.