Smilee Testnet Trading Competition—$26k in Rewards, Genesis Pool Access, & More

Larpseidon đź‘‘.bera
Smilee Finance
Published in
3 min readOct 2, 2023

We’re running it back turbo with a final Testnet Trading Competition showcasing Smilee v1.69 before deploying on Arbitrum mainnet come November.

🚨 Sign up here! It takes less than 15 seconds.

Last time around, the top 3 traders bagged:

  1. +6,424%
  2. +4,576%
  3. +1,905%

In just 6 weeks of trading…

Since then, the product has seen some giga upgrades including:

Directional Impermananet Gain

The freedom to go long, short, or both (delta neutral)—giving you ~2x more capital efficiency (leverage) when choosing a direction.

Smilee AMM

Buy & sell Impermanent Gain options whenever you desire. You’re not forced to hold a position until expiry.

Concentrated Liquidity, Simplified

Earn more yield without the hassle of manually selecting ranges, with MEV resistance.

Stark UI/UX

Trading options has never been easier; it even provides a robust experience on mobile devices.

Now, it’s time for you to put them to the test…

🤌 Trading Competition Details

Requirements

  • A crypto wallet

That’s it… no real funds are required!

Wen

October (exact date thoon), for 1 month.

How to Join

It will be accessible to everyone through a simple process on our website.

How it Works, Teams, & Individuals

Everyone receives an initial $10,000 (paper money) and you get ranked by your Profits & Losses (PnL). The higher your PnL relative to others, the higher you place.

You’ll be able to compete on your own as an individual, create or join an existing team, or both!

Your PnL contributes to both reward brackets—you don’t need to choose one or the other—just do your best and maximize your reward potential by teaming up.

Team Requirements:

  • Minimum: 3 members
  • Maximum: 8 members

A simple signup form will be provided on the website.

Rewards

Overview:

  • $25,000 USD equivalent in $SMILEE tokens
  • $1,000 USDC
  • Exclusive access to Smilee Genesis Pool when we go live on Arbitrum (only private investors have been given access until now)
  • Smilee merch—the best drip in the game 🍝

There are two primary reward categories:

  1. Team Rewards: judged by PnL of the top 3 team members
  2. Individual Rewards: judged by PnL

With two time frames:

  1. Overall Rewards: judged by PnL at the end of the competition
  2. Weekly Rewards: judged by PnL at the end of each trading week

Airdrop

Each week, participants will receive an airdrop of additional funds based on their activity.

This will count towards your ranking, rewarding those who are early & remain engaged.

🚨 SIGN UP HERE

Join Our Communities

Discord | Twitter

Disclaimer:

$SMILEE tokens earned throughout the competition will be valued at the current market price upon TGE.

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