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A certain emerging Web3 project has recently launched a trading tournament event, just one step away from the TGE.
The scale of this event is considerable. The official has set up a reward pool of 10 million XP, which will be distributed based on actual contributions on the leaderboard—put simply, the more you trade and the higher your ranking, the more generous your rewards will be. Interestingly, the project party has promised to use over 60% of the total token supply for community rewards, which also includes potential airdrop mechanisms.
How are rewards calculated? There are two types of trading modes - in the regular mode, trading volume is directly converted into base XP; the tournament mode is a bit more complex, as your earnings come from both base XP and a double bonus from the tournament prize pool. For participants, choosing the tournament mode is obviously more cost-effective.
If you are interested in this type of incentive mechanism, now is a good time to participate, as the night before the TGE is often the last opportunity window.