To commemorate another year in the LuaSwap ecosystem, we’ve elected to throw a special Trading Competition with a total of 120,000 $LUA up for grabs. Let’s join the fun!
The competition will occur on both Ethereum and TomoChain versions. Now is the time to raise your transactions to the next level, whether you’re a dedicated day trader or just participate in the occasional swap.
There will be a leader board that allows all participants to monitor who is on top of the game!
9AM (UTC) 19, Sep — 9AM (UTC) 29 Sep, 2022
On Ethereum network: LUA — USDC, LUA — ETH, LUA — TOMOE, LUA — SRM, LUA — FTT
On TomoChain network: LUA — TOMO, LUA — USDT, LUA — ETH
Promotion A: 5 Top traders — 70,000 $LUA to win
The top 5 traders by volume across all qualified trading pairs will be awarded with prizes total of 70,000 $LUA in the following criteria:
1st place: 25,000 LUA
2nd place: 15,000 LUA
3rd place: 12,000 LUA
4th place: 10,000 LUA
5th place: 8,000 LUA
Note: To be eligible, participants MUST trade at least 2,000 USD across the approved trading pairs during the competition period.
Promotion B: Trade 200$ to share 50,000 $LUA
In additition, all users that trade at least 200 USD across the approved trading pairs during the competition period will evenly split a pool of 50,000 $LUA.
Please ensure that you are familiar with LuaSwap before participating in the activity. Step-by-step user guides are listed below.
- The final results will be posted within 3 working days after the trading competition ends.
- Rewards will be distributed to all winner wallet addresses within 7 working days after the final results are published.
- 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.
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.
LuaSwap is a Multi-chain Trading, Yield Farming & Launchpad Platform (LuaStarter). 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.