Introduction to the Competition

We are thrilled to unveil the Loxodrome Trading Competition, a captivating event designed to challenge and reward the most active and adept traders in our community. Participants stand a chance to win a grand total of 2,880,000 $veLOXO Tokens through their trading prowess and strategic acumen.

Competition Structure

Phase 1 is live : Trading-Based Rewards

• Duration: Throughout the competition

• Rewards:  2,880,000 $veLOXO, distributed based on individual trading fees

Phase 2: Long-Term Engagement

• Duration: 12 months following the competition

• Rewards: 4,320,000  $veLOXO, allocated through hourly snapshots and epoch-based claims

Key Dates Phase -1

• Start Date: July 19, 2024, 10:00:00 AM UTC

• End Date: August 12, 2024 12:00:00 AM UTC

Exclusive Benefits of veLOXO Tokens

By participating in this competition, traders can earn veLOXO tokens, which provide access to exclusive benefits within the Loxodrome ecosystem:

• Governance Rights: Participate in key decisions and shape the future of Loxodrome.

• Trading Fee Rewards: Earn up to 95% of trading fees.

• Bribe Power: Gain 100% bribe power.

• Weekly Emissions: Receive 7% weekly $LOXO emissions.

How to Claim for Competition Participants

• Visit the LOXO airdrop page

• Click "Claim" to receive your $veLOXO.

• View your $veLOXO on the Lock page.

Airdrop Mechanics

During the competition, airdrops will be determined by the transaction fees generated by each participant. The more you trade, the greater your potential reward.

Airdrop Distribution Formula:

Your Estimated Airdrop=(Your Trade Fees/Total Trade Fees)×Airdrop veLOXO

Airdrop Tiers during competition

Prepare for Takeoff

The Loxodrome Trading Competition offers an unparalleled opportunity to demonstrate trading expertise, earn substantial rewards, and solidify your status within the Loxodrome community. Assemble your strategies, refine your trading skills, and prepare to embark on this thrilling journey.

Join us to navigate the dynamic trading landscape of Loxodrome and claim your share of the veLOXO rewards!

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