Welcome to Phoenix Finance Decentralized Leveraged Token Trading Competition. May the best trader win!

Phoenix Finance is organizing the first Decentralized Leveraged Tokens Competition from Oct 21 to Nov 4. This will be a chance for talented traders to win tens of thousand PHX in prizes and show off their abilities!

The results will be calculated by using on-chain addresses and compared off-chain.

Total rewards: 200,000 PHX

• 1st 100,000 PHX
• 2nd 50,000 PHX
• 3rd 10,000 PHX
• 4–30th 1,500 PHX

Where:

https://app.phx.finance/leveraged

Competition Period:

From October 21 at 14:00 UTC to November 4 at 14:00 UTC.

Rules:

• Through the portal above, users can choose to participate in the competition through Polygon, BSC or Wanchain. The performance will be ranked on the three chains together.
• There is no need to sign-up. All addresses are automatically qualified, as long as they meet the following requirements.
• Traders must use new empty addresses to participate and initial funds should be deposited before the start of the competition. Transfers and interactions with contracts other than the Phoenix Finance contracts will be deemed invalid.
• Addresses failing to make any transactions will also be seen as invalid.
• The minimum requirement for an initial deposit is $300. Participants can choose one cryptoasset among USDC, USDT, BUSD, wBTC, ETH, WAN whose value will be recorded using the current price when the competition starts. Addresses with multiple currencies will be deemed invalid.
• The upper limit is not capped.
• Please note that there will be gas costs associated with transactions.
• Participants may trade decentralized leveraged tokens on any underlying asset. There is no limit to the amount or times of transactions.
• The ranking will follow the rate of return in the individual address at the closing time of the competition. Positions not closed will not be taken into calculation.
• Results will be disclosed 7 days after the closing time and rewards will be transferred to the relative addresses.

Welcome to join in the competition and win rewards!