RAI Finance Launches Global Mainnet Event

RAI Finance
RAI Finance
Published in
4 min readDec 3, 2021

Intro : Join our Mainnet Event and Get $50,000 Reward

Dear RAI Finance community,

We are pleased to announce that RAI Finance has finally launched the product on Ethereum and Polygon mainnet. From the Beta pro internal test, Beta 2.0 and Beta 3.0 public test, we’ve received active feedback and valuable suggestions, which directed us to improvement and perfection of our product. RAI Finance team has been continuously conducting product development, and cooperating with Immunefi, the leading DeFi bug bounty program, to maximize the security of the mainnet products.

In the latest Beta 3.0 public test campaign, more than 6,000 users tried the social trading system (STS) and more than 4,000 investment portfolios were created. To let users explore functions of RAI Finance and join our journey to Social + DeFi future, we would like to sincerely invite our community members around the world to join mainnet events and rewards worth $50,000 have been prepared for the participants.

Event 1: Be the Early Bird and Get $SOFI

Event Period: December 3rd 21:00 (UTC+9) — December 17th 21:00 (UTC+9), 2021

We will take a snapshot on December 17th 21:00 UTC+9.

STS managers who created portfolios through the Social Trading System (STS), OR Users who used Aggregated Swap on rai.finance for more than 5 times during the event period will be eligible for the airdrop.

To be qualified for the airdrop, users need to meet the certain criteria with the details following:

(* Everytime you Buy/Sell portfolios and Use aggregated swap, it will be counted as ‘transaction’ — note that transactions with “approve” function will not be counted)

The points for creating/trading portfolios and using aggregated swap on Polygon mainnet will be doubled.

Total prize pool for the Event 1 will be $20,000.

All rewards will be distributed in SOFI token, and the price on distribution date 9:00 UTC+9 will be the base price.

Reward rule:

  1. The Top50 points users will share the $18,000 reward.

(Personal Points/ Top50 Total Points) * $18,000 = Personal Rewards

If the 50th and 51st have the same point, we will choose the address which interact with RAI Finance product first as the winner.

2. 10 lucky users will win $200 each

We will choose 10 lucky users, who have at least 3 points, each will win $200.

*Rewards will be settled and distributed within 3 working days after the completion of the event.

Event 2: Trading Competition

Event Period: December 3rd 21:00 (UTC+9) — December 24th 21:00 (UTC+9), 2021

A. STS manager competition

During the competition event, the top 3 managers who create the most profit through the Social Trading System(STS) with the good monthly yield and high market cap will get the rewards in SOFI worth $10,000, $3,000 and $1,000.

Weekly top 3 STS managers with the best performance will get the rewards in SOFI worth $500, $300 and $200.

STS manager’s performance will be calculated as below:

STS manager’s performance score= weekly/monthly yield rate * weekly/monthly average total marketcap

B. Lucky Draw for the portfolio investors

There will be lucky draws for the 5 users who invested more than 200 USDT on the portfolios. Winners will receive the rewards in SOFI worth $200.

C. Trading volume competition

Weekly user who has the highest trading volume of the week on the Polygon mainnet will get the rewards in SOFI worth $1,000.

Event 3: Follow our official channels and get $SOFI & information

https://gleam.io/JqzKZ/rai-finance-mainnet-community-event

1. Registration Period:​

December 3rd, 2021 — December 15th, 2021

2. Tasks:

Step 1. Follow RAI Finance on Twitter

Twitter:@RaiFinance

Step 2. Enter RAI Finance channel on Telegram

Telegram:t.me/RaiFinance

Step 3. Retweet the event tweet

Tweet link:https://twitter.com/RaiFinance/status/1466744106852708359

Step 4. Connect wallet on RAI Finance and tweet the screenshot of any operation on RAI Finance.

Step 5. Share the event with your gleam referral link.

3. Winner Perks : $4,000 in total

Top 5 winners with the most entries will get $200 worth of $SOFI tokens each

30 lucky winners will get $100 worth of $SOFI tokens each

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RAI Finance
RAI Finance

Published in RAI Finance

RAI Finance aims to become the epicenter of the Web 3.0 world, through the issuance of digital assets, cross chain trading and its social trading platform.

RAI Finance
RAI Finance

Written by RAI Finance

RAI Finance is a decentralized finance application that provides digital asset users with social trading system, aggregated swap on heterogeneous blockchains