DeXe Trading Marathon: Final battle

DeXe Protocol
3 min readMar 23, 2021

Fellow DeXers — ready to show off your trading skills again? Surprisingly, a number of the trading marathon’s participants didn’t follow the simple rules and didn’t receive the prizes. So, together with our partners, we decided to give the entire community one more chance to win — Round 3!

This time around, the winnings of those who don’t follow the rules will be split among those who do. It’s only fair.

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 10 days of trading, your ETH balance increased by 30%. — that’s 30 points. For trades involving ORN, FIS, stXEM, you get 2 points for every 1% profit from using those tokens; if used DEXE — 3 points. (So if 10% of your profit was from the DEXE-ETH pair, 10% from ORN-ETH, and 10% from EFY-ETH — you will get 10x3 + 10x2 + 10x1 = 60 points instead of 30).

Round 3 will start on March 24 at 14:00 UTC. Round 3 will last 14 days (till April 7, 14:00 UTC).

The prize pool is: $DEXE, $stXEM, $ORN, $DEXT, $FIS.

The combine prize pool of DEXE and partner tokens will be distributed according the following table:

The prize pool in $ is calculated according to the exchange rate at the time of the calculation. The prizes will be in the form of tokens: 264 DEXE, 7907 stXEM, 47,7 ORN, 435,9 FIS, 2500 DEXT.

To participate:

Additional rules:

  • Only ETH pairs count for the marathon (e.g. DEXE-ETH, ORN-ETH, etc.)
  • Only trades via Uniswap count

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.

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

Twitter: https://twitter.com/DexeNetwork

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

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

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DeXe Protocol
DeXe Protocol

Written by DeXe Protocol

An innovative infrastructure for creating and governing DAOs.

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