(13) That Contest Should Be FORBIDDEN!
Learn How To Win Rewards Like a (T) PRO!
GM, Web3 Adopters! 🌐
This headline might seem confusing. We know.
“What are these guys even doing?”
What if we tell you that in 30 seconds, you will be reading about a contest you’ve never seen before?
What if you can earn UNISWAP FEES by TRADING in the $TPRO ecosystem, and… other people will see your score?
“That’s decent, sirs!”
We know, Adopters.
Tokenomia.pro cares about the community and keeps providing the TOP value for active contributors.
Let’s dive deeper into the rabbit hole and let that trading idea suck you into the game.
Table Of Contents 📝
- TL: DR of what’s going on
- What are the rewards?
- What are the benefits of the contest?
- Perspectives for the future?
- What can you do right now?
- Bottom line
1) TL: DR of What’s Going On 📤
We are launching a $TPRO-related trading contest, where the traders can gain a part of trading fees on Uniswap (and not being liquidity providers).
Let’s unpack this information:
3 weeks ago, we organized the $TPRO listing. But we are not stopping on that.
We are entering another stage of community engagement and gamification in our project by launching this trading contest.
It’s about doing the highest possible trading volume* in the particular time frame.
Each month, we will reward the TOP 5 traders.
*Trading volume means buy & sell transactions
2) What Are The Rewards? 🎁
“How will the reward system work?”
We got you.
When we organized the listing, we needed to add the LQ pool to enable trading in the USDC/TPRO pair.
Key takeaway: As a company, we own the major LQ pool and constantly earn trading fees on it.
But we don’t use them for our company’s needs.
As Tokenomia.pro we decided to make them a reward in the trading contest and let you win!
We introduce such a reward model:
- 50% of monthly fees will go to the TOP 5 traders
- 50% of monthly fees will be burned, decreasing the circulating supply of $TPRO (and positively affecting the price action).
Rewards will be paid in $TPRO.
(We will earn fees in $USDC and $TPRO, but $TPRO tokens will be burned, and with $USDC, we will buy $TPRO from the market, and these tokens will be later distributed to the winners).
Here’s a particular reward distribution:
- 1st place: 30% from the 50% of monthly fees
- 2nd place: 25% from the 50% of monthly fees
- 3rd place: 20% from the 50% of monthly fees
- 4th place: 15% from the 50% of monthly fees
- 5th place: 10% from the 50% of monthly fees
Example: If we collect $10 000 from trading fees in the first month, here’s what the reward allocation will look like:
- 1st place: $3 000
- 2nd place: $2 500
- 3rd place: $2 000
- 4th place: $1 500
- 5th place: $1 000
Distribution
To receive the prizes, you must tag our moderators on discord within 2 weeks of the end of the particular stage (counting from 0:01 UTC of the first day of the month).
If the winner(s) do not appear on discord, the prizes will be forfeited and distributed to the next month's edition winners.
“But sir, how would you track the contest?
Every crypto project uses the platform, gleam, or manual verification to organize such contests.
But not us. We changed the model, making the whole organization and prize distribution easier, faster, and much more efficient.
Here, every single operation is fully transparent and verifiable because the contest is going on the Ethereum blockchain — the most secure & decentralized existing network.
We developed an internal leaderboard tracking TOP $TPRO trading addresses with such a thing.
When the month ends, the TOP 5 traders visible in the token panel will get the rewards straight to their wallets.
Volumes will be counted from the 1st of each month, starting at 0:01 UTC and ending at 13:00 UTC on the last day.
The September stage will start from the publication date of the article and end at 13:00 UTC on Aug. 31, 2022.
The dedicated tab in the token panel is coming very soon!
PS. If you are one of the winners, apply for your prize on discord. We won’t send the rewards automatically!
3) What Are The Benefits Of The Contest? 💌
When working on promotional activities, we strive to create a win-win situation. Therefore, it’s important to care about different groups inside one ecosystem. Here are the major groups from the $TPRO ecosystem and benefits from the trading contest you are reading about:
- For the community: an opportunity to contribute and gain rewards on trading.
- For the company: attract more clients and potential token holders by generating a decent volume.
- For long-term investors: regular trading contests may lead to broad brand recognition. Early investors in prominent projects also gained and will gain respect (not talking about their stakes increasing in value).
- For the token holders: a constant decrease of the $TPRO circulating supply will positively affect the future price action.
4) Perspectives for the future
As an experiment, we will keep up with the contest till the end of 2022.
Then, we will see what’s next, the market response and the total outcome.
If it is positive, we will continue organizing the contest and providing a tool to earn fees:
- in the center of a bear market
- without being an LP
- paid by the prominent crypto company.
5) What can you do right now?
When you are reading these words, the contest has already started.
The leaderboard counting starts from the date of announcing the contest on our Twitter account.
Give it a try.
Have fun.
G-luck, Web3 Adopters! ☘️
Bottom line 📝
Energy and persistence conquer all things.
-Benjamin Franklin
