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Author Topic: DEx.top Challenge—— Trade on Chain for Awards  (Read 525 times)
dextop (OP)
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April 20, 2017, 07:59:57 AM
 #1

——What's DEx.top?
DEx.top is a decentralized futures exchange purely powered by Blockchain and Smart Contract. See our Github Repo for the specs of Dex.Top's ethereum smart constracts.

——What’s the "DEx.top Challenge"?

DEx.top is a decentralized platform for futures trading, which is built on blockchain. This is our Alpha version release. We’re delighted to invite you to join in this DEx.top challenge, you can use your “Ropsten” testnet ETH to join in this challenge, for those who don’t have testnet ETH, you can contact us to get 100 ETH to start. This challenge will last in total of 4-week period and it’s the open challenge for everyone to join in.

——What’s the rules?
The DEx.top Challenge goes for two rounds in total (4 weeks). Each round lasts for two weeks, during which you can choose either in Daily market or Weekly market, and we will have one Monthly market winner at the end of the challenge period. We will measure the result based on the balance account and choose the best trader and the most active trader at the end of each round.

——What’s the rewards?
1.Best trader rewards:

— The best trader of each market will win a 0.5 BTC equivalent of ETH. At the first round, we will have 2 best traders separately picked from Daily market and Weekly market and at the end of the month, we will have 3 winners each from Daily, Weekly and Monthly market. The best trader rewards are calculated based on the trading performance, which is the accumulated gain and loss in trader’s account. The BTC/ETH rate is based on the market price at the spot of our announcement.

2.Active trader rewards:

— We will pick 2 most active traders from Daily and Weekly market and 3 winners at the second round of challenge from each market. Each active trader will get $100 equivalent ETH, the USD/ETH rate is based on the market price at the spot of our announcement.

3.Bug bounty program: — During the DEx.top challenge, for those who are willing to win the bounty via pulling up the bug issues, please check our bug bounty program on our github channel(https://github.com/Dexdottop/dex.top).

——How to participate in this challenge?
Step 1: Get invited to our slack channel(https://dextop.slack.com/) or wechat group(https://www.sojump.hk/jq/13466823.aspx)

Setp 2: Request for 100 testnet ETH

Each participant can take this survey [link] to request 100 testnet ETH.

Step 3: Install MetaMask

MetaMask is a Google Chrome extension that enables you to manage your Ethereum account by yourself, which is different from other centralized exchange. Our decentralized exchange platform endows you as the only authority of your account.

Please make sure to use Google Chrome browser and install the MetaMask (clicking here to install) to create an account.

To connect to dex.top, please select network setting on upper left corner of MetaMask window and set it to “Ropsten Test Network”

Step 4: Start to trade

After setting up your MetaMask account, if you have requested 100 ETH, you will receive it via the address you sent us. Then you can start to trade.

——How to use DEx.top platform?
Step 1: Enter into the Trading page

To start, you can click on “Trade” in the navigation bar.

Step2: Choose the market, leverage and direction

To meet the different user requirements, we set up three future markets based on the time period, namely, Daily market, Weekly market and Monthly market.

We provide 5x and 10x leverage. Combined with the direction you choose, the margin rate is automatically calculated.

Step 3: Set up price and quantity

Based on the market performance, such as recent trades etc., you can set up price and order quantities. Click confirm by following the instruction on the page. You can smoothly create orders.

Step 4: MetaMask confirmation and blockchain processing

After confirmation, your MetaMask account is triggered to process orders, which means all the orders are managed directly by your own MetaMask account, and there is no third party to manage your account. And then, Ethereum blockchain starts to process the orders, which will be registered on the blockchain and locked in the smart contract.

Step5: Contract management

After Ethereum blockchain registered orders, you can find them at the bottom part of the page, at your recent contracts management panel. Meanwhile, you can find all your contracts by clicking “ORDERS” at the navigation bar.


PS. To request 100 test ETH, please fill this file. https://docs.google.com/forms/d/1GS4vyxY00dDCLPI4iPwOqqbTx4Frg-cKyIcyf-puh_4/edit
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CoinHoarder
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May 22, 2017, 04:01:26 AM
 #2

It's a shame this received very little love. I for one will be following your project. Thanks for bringing it to my attention.

I will also add it to my DEX thread (https://bitcointalk.org/index.php?topic=1338970.0) to bring more awareness to your project.

Cheers!
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