DeFi Lens Mock Trading Competition Round 2: Bigger Prizes, Bigger Challenge!
Calling all DeFi enthusiasts and aspiring traders! The DeFi Lens Mock Trading Competition is back for Round 2, offering a chance to hone your skills, test DeFi Lens AI, and win a massive prize pool of 10,000 DLP + $300!
Sharpen Your Skills in a Risk-Free Playground
This competition provides a safe and simulated environment to experiment with your trading strategies. The competition runs from May 10, 2024, 2 PM UTC to May 17, 2024, 2 PM UTC. You’ll have a virtual starting capital of $100,000 to test your mettle in the DeFi market without risking real funds.
Elevated Rewards for Top Performers
✨ Top 20 Overall Traders:
1st Place: 1000 DLP ⭐️ + $100
2nd Place: 500 DLP ⭐️ + $60
3rd Place: 500 DLP ⭐️ + $40
4th — 10th Place: 500 DLP ⭐️
11th — 20th Place: 250 DLP ⭐️
👑 Top 10 Best Positions:
1st Place: 250 DLP ⭐️ + $50
2nd Place: 250 DLP ⭐️ + $30
3rd Place: 250 DLP ⭐️ + $20
4th — 10th Place: 250 DLP ⭐️
Leverage the Power of DeFi Lens AI
DeFi Lens provides powerful AI features to elevate your trading game:
- AI Explainer: Gain insights into market trends and understand the rationale behind AI-generated strategies.
- AI Positions: Explore pre-built AI-driven strategies and use them to inform your mock trades. Each position offers past performance data through “View Backtest,” allowing you to evaluate its historical effectiveness.
- Similar Chart: Trace market history to find tokens with similar chart movements, which would result in price prediction for your chosen token and AI-generated insights.
Ready to Take on the Challenge?
Joining the competition is simple:
- Join DeFi Lens: Sign up anytime during the competition period. LINK: https://defilens.ai/mock-trading-competition
- Start Making Mock Trades
2.1. Utilize AI Positions:
- Navigate to the “AI Positions” page and select a position that interests you.
- Click “Mock Trading” on your chosen position to automatically create a mock trade based on the AI strategy.
- Gain historical insights by clicking “View Backtest” on the AI Position.
2.2. Craft Your Own Strategy:
- Navigate to the “Create a Mock Trade” section within AI Positions.
- Choose your preferred token from the available options
Important Notice
Mock trades placed before May 10th will not be counted towards the competition. If you join the competition (after May 10th), any existing mock trades will be automatically closed.
At the end of the competition on May 17th, all remaining open mock trades will be subject to a virtual stop-loss or take-profit action.
Any unfair or cheating actions will result in disqualification.
Conclusion
We hope this article clarifies the exciting Mock Trading Competition! We look forward to seeing you there and wish you the best of luck!
See you at DeFi Lens: https://defilens.ai
About DeFi Lens
DeFi Lens is a AI Crypto Tool that leverages generative AI to transform how traders or crypto users search for alphas, exchange signals and data, and analyze trading strategies. Signals and strategies are subject to have monetary values and follow a Proof of Trustworthy protocol. The project is incubated by Oraichain Labs.