Linear Finance Trading Competition

Linear Finance
Linear Finance
Published in
3 min readAug 7, 2023

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Introduction: Linear Finance, our decentralized liquid asset trading platform, is launching a trading competition today! This event promises participants the opportunity to not only put their trading skills to the test but also to win cash prizes based on their performance. Whether you’re a seasoned trader or just starting out, this competition is your chance to shine.

Strategy and Skill: This competition is more than just winning prizes; it’s an opportunity to showcase your trading strategies and risk management skills. Participants will be judged based on their PNL percentage increase, emphasizing the ability to make calculated moves that lead to substantial growth.

Competition Details: The competition is set to take place from today, August 7, 2023 at 14:00UTC, to August 14, 2023 at 14:00 UTC. Trading is open 24/7 within this period. Traders will have a full week to engage in the markets and make strategic moves to maximize their profits.

Participation Requirements: To join the competition, traders need to follow a few simple steps:

  1. Connect your cryptocurrency wallet to the Linear Finance Trading Competition page to register as a trader:
    https://leaderboard.linear.finance
  2. Follow @LinearFinance on Twitter to stay updated on competition news.
  3. Like and retweet the competition-related tweet from Linear Finance:
    https://twitter.com/LinearFinance/status/1687433202858958849?s=20

Prizes that Await You: The thrill of the competition is not only in the trading itself but also in the exciting prizes that await the winners.

Ranking Prizes:

  • 1st to 3rd Place: $150 each
  • 4th to 9th Place: $100 each
  • 10th to 14th Place: $50 each

Lucky Draw Prizes:

  • 5 Lucky Draw Winners: $30 each

Competition Rules:

  1. Minimum Trade Volume: Each trader must trade a minimum total volume of 100 ℓUSD.
  2. Trade Size: There is no minimum trade size, which provides flexibility for traders to ensure they trade within their safe personal limits.
  3. Scoring Criteria: Traders will be ranked based on the percentage increase in their PNL (Profit and Loss). This means that the focus is on how well participants manage to grow their trading accounts during the competition. Trading fees are not included in the profit and loss calculations
  4. Trading Window: Only trades made between the specified open and close times and dates will be counted towards the competition. This ensures that all participants have a fair and equal timeframe to trade.
  5. Lucky Draw: In addition to the main competition, there will also be lucky draw winners selected at random. To be eligible for the lucky draw, participants must have made at least one trade during the competition.
  6. Linear team reserve the right to exclude anyone suspected of breaking the rules, cheating, abusing or not entering in the intended spirit of the event, which is to have fun!

Why Participate:

  1. Test Your Skills: Put your trading skills to the test in a competitive environment.
  2. Learn and Adapt: Experience real-time market fluctuations and learn to adapt your strategies accordingly.
  3. Win Attractive Prizes: With a variety of prizes up for grabs, you could be a winner.
  4. Community Engagement: Connect with fellow traders and engage in discussions on Telegram and Twitter.
  5. Educational Opportunity: Whether you win or not, participating in a trading competition can provide valuable insights and lessons.

The Linear Finance trading competition is a fantastic opportunity for traders to immerse themselves in the exciting world of cryptocurrency trading. With the chance to win impressive prizes and showcase your trading prowess, dont miss out on this event. Remember to trade responsibly, manage your risk effectively, and make the most out of this unique experience. Get ready to trade, compete, and potentially claim your spot among the top winners!

About Linear Finance

Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols with unlimited liquidity and zero slippage.

Website | Exchange |Discord | Twitter | Announcements

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Linear Finance
Linear Finance

A Decentralized Delta-One Asset Protocol with Unlimited Liquidity