Increment Battle Royale: Trade Perpetual Futures on zkSync 2.0 Testnet to Win $1000 in Prizes
Increment is a decentralized, algorithmic perpetual futures protocol building on zkSync 2.0, empowering on-chain global exchange rate and crypto derivatives trading. Increment Beta v2 was released on zkSync 2.0 testnet a few weeks ago and we are now excited to announce the first official trading competition on the Goerli test network.
Spots are limited and only selected traders will be able to join, deadline for registering has passed. All qualified traders are listed here.
Since we’re still on testnet, you have nothing to lose and everything to win ;)
Increment Battle Royale is a solo knock-out style trading competition where traders compete in PnL during a 3 week period for top prizes. At the end of each week, the bottom 50% of traders get knocked out and the surviving traders win awesome prizes.
Non-transferable test tokens will be distributed to traders to use, the token address is: 0x296053950647c1e0Ed486425E4178E3055BA4821
For Goerli ETH Faucets, please use:
Week 1: Friday November 25th 6pm UTC — December 2nd 6pm UTC
All surviving traders will receive a unique POAP.
Week 2: Friday December 2nd 7pm UTC — December 9th 7pm UTC
The top 5 traders will receive the Elite Profitmaxi role in our community and top 10 traders will receive a free month of Discord Nitro.
Week 3: Friday December 9th 8pm UTC — December 16th 8pm UTC
The top 3 traders receive $500, $300, $100 respectively and top 10 traders will receive the Elite Profitmaxi role in our community.
Special reward: Top 10 largest liquidations during the tournament will receive the new Max Bidding role in our community.
All prize placements are determined by the official rankings leaderboard and will be distributed within one week after the competition ends.
Traders must follow the rules stated below in order to receive prizes:
1. Rankings are based on PnL, which means the most profitable traders win.
2. During each week, traders should trade at least $10,000 in total volume.
3. Both trading and liquidity provision PnL count.
Disclaimer All tokens used in this beta are test tokens and have no value. Increment reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Increment is a decentralized, algorithmic perpetual swaps protocol building on zkSync 2.0, featuring automatically concentrated liquidity, dynamic fees and parametrizable pools.
To learn more, visit our Docs
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Originally published at https://increment.substack.com on October 6, 2022.