dappOS x KiloEx “Degen Trading Galore”

dappOS
3 min readApr 16, 2024

--

To celebrate the integration of KiloEX with dappOS V2, we will be running “ Degen Trading Galore” with a prize pool of $20,000!

Are you ready to embark on this adventure? Trade seamlessly on KiloEx powered by dappOS V2- kiloex.dappos.com

During the campaign, participants who trade for 7 days in a row will share 95% of the prize pool. Additionally, top 10 participants with the most points earned will receive exclusive KiloEx OATs.

The rest 5% of the pool, along with KiloEx OATs, will be randomly given to participants who do not trade consecutively .

Degen Trading Galore OAT

⏰Campagin : April 16th —May 7th

There are 2 ways to acquire points

#1:Check-in Points

✅Trade for 7️⃣ days in a row to earn points (automatically collected)

* Check-in Points can only be activated and collected when you have ≥ 35 points

* In order to activate it, we recommend you to trade with $100 capital and 10x leverage at 1st trade (100*10*0.035 = 35)

* points will reset from day 1 if fail to trade consecutively

# 2: Trading Points

📌Trading Volume (Positions opened ) * 0.035 = Trading Points

*0.035 is an approximate multiplier that may vary based on the trading volume on KiloEx

✅Example
- $100 USDT (Minimum Transaction Amount is 10 USDT)
- 10x leverage
- Keep the position for more than 2️⃣ minutes
- Trade once a day for 7 days in a row

Weekly Total Cost: About $22 USDT
-
Trading Loss: Calculated as 0.1% loss of position: $1 USDT*7=$7 USDT
-Transaction Fee (0.1%): $1 USDT*14=$14 USDT
-Execution Fee: $0.000002 ETH*14=$0.000028 ETH ($0.1 USDT)
-Gas Fee: $0.004USDT*14=$0.056 USDT

Weekly Total Points: 478
-
Check-in Points: 28
-Trading Points: 1000*0.035*14=450

🏆Reward Rules

Prize Pool One: $19,000

Trade continuously for 7️⃣ days and share 95% of the prize pool!

Rewards = (Check-in Points + Trading Points) / Total Points of Participants who trade continuously

In addition, top 10 “consecutive” traders based on total points earned will also win an exclusive OATs from KiloEx.

Prize Pool Two: $1,000

Participants who do not trade for 7 days in a row will share 5% of the prize pool!

Reward = (Check-in Points + TradingPoints) / Total Points of Participants who didn’t trade continuously

KiloEx’s OATs will be randomly granted to 3 “non-consecutive” traders.

About dappOS

DappOS is an intent execution network for value-specific tasks that empowers chains and dApps to be intent-centric. It turns intents into on-chain outcomes by creating a two-sided marketplace: On the supply side, service providers stake collateral and opt into running one or more execution services. And on the demand side, it enables developers to find solutions to fulfill users’ intents.

Learn more

About KiloEX

KiloEx tries to build next generation user-friendly perp Dex focused on risk management and capital efficiency. Our platform provides traders with lightning-fast trades, real-time tracking of market activity, and top grade experience on par with CEX, while offering liquidity providers risk-neutral positions and LP-friendly solutions.

Official website: https://www.kiloex.io/

Official Twitter: https://twitter.com/KiloEx_perp

Official Discord: https://discord.com/invite/tEuDY4Rnrn

Official Telegram: https://t.me/KiloEx

--

--

dappOS

dappOS is an intent execution network that empowers chains &dApps to be intent-centric It turns intents into on-chain outcomes by creating a 2-sided marketplace