MYX Finance Trading Competition: Compete for Your Share of 30,000 USDC
2 min readAug 13, 2024
Hey MYXers, get ready to compete and win big in our latest trading competition! Trade USDC Perpetual Contracts on the MYX platform and vie for your share of the 30,000 USDC prize pool. Here’s everything you need to know to participate and maximize your chances of winning:
Competition Rules
Time
- Competition Start: August 13, 2024, 13:00 UTC
- Competition End: August 27, 2024, 13:00 UTC
Eligibility
- Contract Type: Competition results will be based on any USDC contracts traded by the user on the Linea chain via the MYX Finance.
Ranking and Rewards
Trading Volume Leaderboard:
- Trading Volume Calculation: The cumulative amount of all valid trades completed by the user during the competition period.
- Reward Distribution: The top 50 participants ranked by trading volume will share a prize pool of 30,000 USDC.
Reward Distribution Process:
- Data Compilation: After the event ends, all participant data will be compiled within three working days, and results will be announced.
- Reward Distribution: Once the results are announced, the winners’ rewards will be directly airdropped to their corresponding winning addresses within three working days.
Rules Against Misconduct:
- Anti-Cheating and Account Security: MYX will rigorously review all trading activities on the platform by participants to prevent Sybil attacks and other forms of cheating, such as exploiting vulnerabilities, using bulk accounts, wash trading, and fictitious transactions. If any cheating behavior is detected, MYX reserves the right to disqualify the user from the competition and impose appropriate penalties on their account.
- Rules Update and Interpretation Rights: Please note that MYX reserves the right to amend these rules and will notify the community of any updates and changes through official channels. MYX holds the final right to interpret these rules. For questions or more information, feel free to join and contact us on our Discord community: MYX Discord.
Join our community to stay in the loop.
For collaboration: marketing@myx.finance
