DeXe Trading Marathon

DeXe Protocol
5 min readFeb 5, 2021

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You had a feeling something big was coming, right? And you were right!

As we’re getting close to the release of our main product, DeXe Network Investments, and already released the totally upgraded Wallet-to-Wallet Copying v2, we wanted to do something special for our community. And we couldn’t do it without our amazing partners, especially Orion Protocol, StaFi, Nem, and Dextools.

Together, we’re excited to launch a massive traders’ competition with a total prize fund of $30,000+ from DeXe and our partners and a chance to share in managing $100,000 of DeXe Network’s funds once our investment platform is released. The stakes are high indeed.

*The DeXe Network will select from among the top traders of the competition for a unique opportunity to manage DeXe’s own funds once our full investment platform comes out — a whopping $100,000 in funds under management up for grabs (and all the glory of potentially getting a massive following and social trading superstardom). This is how trading stars are born.

Competition details

If you’re a trader — use Uniswap for trading and get points that will allow you to get DeXe Network’s capital to manage. If you’re already using Uniswap, this is the perfect opportunity to get an additional income from swaps you’re already doing there.

If you’re great at analytics — you can use the wallet of someone who trades well (and profitably), copy their trades via W2W V.2, and you can win prizes alongside traders.

New to trading? You can look at experienced traders’ success in the competition leaderboard and subscribe to the ones you like.

The ratings are calculated as follows:

  • 1% profit from a completed trade = 1 point
  • 1% profit from a completed trade of the DEXE-ETH pair = 3 points
  • 1% profit from a completed trade of partner pairs (ORN-ETH, FIS-ETH, stXEM-ETH, DEXT-ETH) = 2 points

All the points are counted in accordance with your initial ETH balance.

Example:

  • After trading for 14 days, your ETH balance increased by 30%. — your rating would equal 30 points. If during these 14 days, you used DEXE, ORN, FIS, stXEM — you get 3–2–2 points for each 1% of profit from these tokens rather than 1 point. (So if 10% of your profit came from trading DEXE-ETH, 10% from ORN-ETH, and 10% from, for example, YFI-ETH, you get 10x3 + 10x2 + 10x1 = 60 points instead of 30.)

Competition Timeline

The competition will take place in 2 stages, each 14 days long (so 28 days total).

Prize pool

Total prize pool of DeXe and partner tokens:

Rewards will be awarded in the partners tokens: $DEXE, $stXEM, $ORN, $DEXT, $FIS

To participate in the competition, you need to:

Additional rules:

  • Only ETH pairs are eligible for the competition (e.g. DEXE-ETH, ORN-ETH, etc.)
  • Only trades done via Uniswap are eligible

It pays to be active too since we have bonus “media activity” awards for our community’s most active members. To get those, you don’t have to participate in the trading competition:

  • $80 in DEXE for the 3 best video reviews of W2W v2 ($240 in total)
  • $35 in DEXE for the 3 best articles about W2W or for an analytical article about finding wallets to copy in W2W ($105 in total)
  • $20 in DEXE for the 5 best memes about DeXe or W2W ($100 in total)
  • $35 in DEXE for the 3 W2W users with the most profitable copying cases ($105 in total)

During Stage 1 of the Trading Competition, each participant has to post their work on Twitter using the hashtag #DeXeVideoContest for video reviews, #DeXeArticleContest for articles, and #DeXeMemContest for memes. DeXe’s team will choose the winners.

BONUS: We will also randomly distribute $180 in DEXE among users subscribed to our social media channels as follows:

Announcing the results

The results of the current stage of the competition will be shown in this table https://competition.dexe.network/.

Winners will be announced on the next day after each stage ends at 13:00 PM UTC.

The results of the media contest will be announced on our social media channels at the end of Stage 1.

All the prizes will be awarded at the end of the competition.

Disclaimer

DeXe Network makes no warranties or guarantees as to the safety and security of any and all funds deposited by participants on Uniswap. DeXe Network has no liability or control over users’ funds lost on Uniswap due to bugs or breaches on Uniswap or due to the user’s own negligence or any actions.

DeXe Network will not compensate you for your losing trades either by using Uniswap or W2W.

The DeXe Network team reserves the right to cancel the competition, change the rules, or exclude any participant and remove the benefit of the contest from them at any time, for any reason, and without prior notification.

DeXe Network reserves the right to KYC any and all participants in the Rewards Program, and withhold any and all prizes pending KYC.

Stay tuned for more with us!

Registration form: https://competition.dexe.network/

Website: https://dexe.network

Official telegram channel: https://t.me/Dexe_network

Official telegram EN chat: https://t.me/dexe_network_official_chat

Facebook: https://www.facebook.com/dexe.network

Medium: https://medium.com/dexe-network

LinkedIn: https://www.linkedin.com/company/dexe-network

Twitter: https://twitter.com/DexeNetwork

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DeXe Protocol
DeXe Protocol

Written by DeXe Protocol

An innovative infrastructure for creating and governing DAOs.

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