Here we go Tribe3 Fam 🚀 Our 1st Trading Competition on mainnet beta is live 🔥🔥🔥
We have prepared huge prize pools for all of you, including NFTs, USDT and Tribe3 Points. Also, there are multiple battlefields you can pick in the competition. See if you can win all of them 😈😈 Let’s dive in the details below:
First Tribe3 Mainnet Trading Competition
Period: 6th Jun 9am - 16th Jul 9am (UTC)
Trading Pairs:
BAYC/WETH, MAYC/WETH, PUNKS/WETH, AZUKI/WETH, CAPTAINZ/WETH, DEGODS/WETH - and more in the future
How to Participate:
Trade on app.tribe3.xyz
Eligibility:
The notional trading volume needs to be at least 5WETH, counting from the trading action after competition starts, i.e. 6th Jun 9am (UTC).
Trading action includes open position, add position, partial close and full close.
You can check your trading volume on the "🔒” on the leaderboard page.
Competition Rules & Prizes
There are 4 competitions in total competing on different metrics!
1. Top Gainer 📈
In the Top Gainer competition, users are competing on the Realized P/L during the period. Winners will share a prize pool with NFTs, USDT and Tribe3 points!
Competing Metrics: Realized P/L
Definition: Realized P/L is the sum of funding payment and P/L from price change of a position. P/L from price change refers to the gain & loss from full close, partial close and liquidation of a position.
Rules: Rank from highest Realized P/L to lowest Realized P/L
Prize:
We have Potatoz, Beanz, Milady and OnChainMonkey for you all!!
3 Jul Update:
With Beanz & Potatoz FP down recently, the total FP is lower than Milady and close to OnChainMonkey
We have revised the rule to make sure winners have sensible rewards!
- Higher rank = Higher FP prize
2. Top ROI 🤌🏻
In the Top ROI competition, users are competing on the Realized P/L% during the period. Winners will share a prize pool with Tribe3 points!
Competing Metrics: Realized P/L%
Definition: Realized P/L divided by the maximum total collateral pledged across all opened positions at any given point in time during the competition.
Rules: Rank from highest Realized P/L% to lowest Realized P/L%
Prize:
3. Top Converger 📈📉
In the Top Converger competition, users are competing on the Net Convergence Trading Volume during the period. Winners will share a prize pool with USDT & Tribe3 points!
Competing Metrics: Net Convergence Trading Volume
Definition: Convergence trading volume minus divergence trading volume
Rules: Rank from highest Net Convergence Trading Volume to lowest
Prize:
4. Rekt 📉📉📉
In the Rekt competition, I think that’s not something you guys wanna be on the top LOL. Users are competing on the losing Realized P/L during the period. Winners will share a prize pool with Tribe3 points!
Competing Metrics: Realized P/L
Definition: Realized P/L is the sum of funding payment and P/L from price change of a position. P/L from price change refers to the gain & loss from full close, partial close and liquidation of a position.
Rules: Rank from lowest Realized P/L to highest LOL
Prize:
Leaderboard
You can check your rank on leaderboard.
That’s all you need to know! Don’t wait and join now!!
Remarks:
One wallet is only eligible for one prize only. If you are on both leaderboard, you will be rewarded the prize of the higher rank one.
Update & Clarification on 3 Jul:
If the winner is eligible to both prizes with NFTs & USDT, the winner will get the reward with higher value
If the winner is eligible to prizes with Tribe3 points, the winner will get the reward with more Tribe3 points.
Any attempts to manipulate may result in disqualification. Tribe3 team reserves final decision The final decision will be made by the team after the trading competition concludes, and rule violators will be disqualified from receiving rewards.
Follow us on
Twitter: https://twitter.com/Tribe3Official
Discord: discord.gg/tribe3
Telegram: https://t.me/tribe3ann
Gitbook: https://tribe3.gitbook.io/tribe3