Trade to Win: Lynx’s 1st Trading Competition
Welcome Lynx Traders, to the 1st Lynx Trading Competition!
Are you ready to prove your trading skills and rise to the top? The moment you’ve been waiting for is here. Lynx’s 1st trading competition, sponsored by our partners TheStandard, kicks off on June 17th at 00:00 UTC.
Over the coming weeks, you have the opportunity to compete for incredible prizes, with the top 5 traders each week walking away with $ARB prizes. Let’s break down the details!
Contest Details
- Prize Pool: $1,000 in $ARB every week
- Eligible Collateral: $EUROs
- Dates & Times: June 17, 00:00 UTC
How the Competition Works
The competition will be divided into rounds, each lasting one week. At 00:00 UTC each Monday, the previous round will end, the next round will start, and all stats will be reset — putting all traders on even ground.
Each round, prizes will be awarded to the top 5 traders using $EUROs as collateral. Only trades using $EUROs as collateral will be counted.
So, whether you dominate from the get-go or make a late surge, every week is a fresh start and a new opportunity to climb the leaderboard!
Leaderboard Ranking
Your rank will be determined based on the sum of Net Profit and Loss (P&L) earned across all trades opened and closed during that round. Net P&L measures how much a trader has earned or lost after accounting for all fees.
This setup gives larger traders an increased likelihood of securing a higher spot on the leaderboard.
Reward Distribution
A substantial prize pool is up for grabs on Arbitrum, with the top 5 traders receiving significant rewards. Remember: every spot makes a difference!
- 1st: 540 $ARB
- 2nd: 220 $ARB
- 3rd: 100 $ARB
- 4th: 100 $ARB
- 5th: 100 $ARB
Let the Games Begin!
Lynx’s trading competition is a multi-week contest divided into intense week-long rounds. Traders are incentivized to use their $EUROs tokens to achieve the highest P&L by the end of each round, with new opportunities to win starting every Monday.
Lynx’s Twitter will be closely following the contest and highlighting the performance of leaderboard traders — don’t miss it!
As always, if you have any questions, reach out to the community on Discord (linked below).
Happy trading, and good luck!
- Official Website: https://www.lynx.finance/
- Twitter: https://twitter.com/Lynx_Protocol
- Discord: https://discord.gg/DTcw3rT28J
- Medium: https://medium.com/lynx-finance
