TomoChain
Published in

TomoChain

The 1st LuaSwap trading competition on TomoChain

We’re happy to announce LuaSwap’s first trading competition on the TomoChain version with 50,000 $LUA up for grabs.

  • Competition period: 2021/04/07 10:00 AM (UTC) to 2021/04/12 10:00 AM (UTC)
  • Approved trading pairs: TOMO-USDT, LUA-USDT, TOMO-LUA, TOMO-ETH, TOMO-SRM, and TOMO-FTT on the TomoChain version.
  • Leaderboard

Promotion A: 6 Top traders — 30,000 LUA to win

The 6 traders with the highest trading volume in each of the 6 approved trading pairs will receive 5,000 LUA each.

  • LUA-USDT: 5,000 LUA
  • LUA-TOMO: 5,000 LUA
  • TOMO-ETH: 5,000 LUA
  • TOMO-FTT: 5,000 LUA
  • TOMO-SRM: 5,000 LUA
  • TOMO-USDT: 5,000 LUA

To be eligible, participants MUST trade at least 5,000 USD across the approved trading pairs during the competition period.

Promotion B: Trade to win 10,000 LUA

Only one trader with the highest trading volume across 6 approved trading pairs will receive 10,000 LUA. To be eligible, participants MUST trade at least 20,000 USD across the approved trading pairs during the competition period.

Promotion C: Trade 200 USD and Share 10,000 LUA

All users that trade at least 200 USD across the approved trading pairs during the competition period will evenly split a pool of 10,000 LUA.

Terms & conditions

  • LuaSwap reserves the right to cancel or amend the Competition or Competition Rules at its sole discretion.
  • During the competition, the trading volume of each currency in any liquidity pool is denominated in USD and will be calculated based on the exchange rate at the time of the transaction. All users who swap in any approved trading pairs will be ranked by their trading volume, excluding any wash trades
  • Trading from smart contract address is not allowed in the competition
  • Trading volume refers to both buys and sells across approved trading pairs. Trading across other pairs is not eligible for this competition.
  • Users are not eligible for multiple rewards in the trading competition.
  • LuaSwap reserves the right to disqualify wallet addresses for trades that are deemed to be wash trades or display attributes of market manipulation.
  • LuaSwap reserves the right of final decision in case of disputed cases.
  • Rewards will be distributed to all winner wallet addresses within 7 working days after the trading competition ends.

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. LuaSwap will not be held responsible for any investment losses.

About LuaSwap

LuaSwap is a multi-chain liquidity protocol with no seed investment, founder’s fees, or pre-mining. At the core, LuaSwap delivers a community-governed, multichain protocol via the LUA token. LUA’s token economics is re-designed with a vesting schedule to not only reward early adopters but also incentivize them to stay and participate in governance for a longer period of time.

LuaSwap now operates independently on both the TomoChain & Ethereum Blockchains, taking advantage of each chain’s capabilities. On the TomoChain blockchain, LuaSwap allows you to purchase tokens nearly instantly, at near-zero gas fees without network congestion.

Follow LuaSwap on Twitter | Telegram | Medium | Website

Welcome to TomoChain blog. Follow us to get the official news and good reads from TOMO team. Clap along if you feel like a room without a roof!

Recommended from Medium

Mercor Finance — The First Certified IDO on BSCstarter

The Emperor’s New Coins: How Initial Coin Offerings Fueled A $100 Billion Crypto BubbleLink:

Navigating the World of Consensus

PARSIQ Q&A #42

What is Amity?

ONTO & CZodiac Are Hosting A Liquidity Mining Campaign! Over $4,500 Up For Grabs!

Stake $DOGOWN & Redeem Limited Edition Ultra Rare NFT’s — Woof Woof!

ONTO x TEN Finance Liquidity Mining Campaign

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
TomoChain Publisher

TomoChain Publisher

Work @ tomochain.com

More from Medium

Space Falcon — the Next Axie Infinity, Star Atlas Play-to-Earn Game Built on Solana

HexGL! Announcing the third game of Gameathon Season 1

The #BigBrainStrat: How to Multiply Yield on $SNE!