Holdstation Trading Contest: Lunar Clash
Timeline
Contesting time: January 22nd, 2024 12PM - March 18th, 2024 at 12PM UTC
Calculating & Finalization: March 18th, 2024 - March 22th, 2024 at 12PM UTC
Distribution: March 23st, 2024, 12PM UTC
Total Prize Pool: Over $120,000 in HOLD
Join Now: holdstation.exchange/trading-competition
Introduction
Welcome you all to the biggest Trading Contest Holdstation has ever held: the Lunar Clash Trading Contest. In sync with the market's upbeat trend and the growing excitement around zkSync, we've designed this competition as an opportunity for everyone to engage with the zkSync ecosystem and blockchain crypto trading.
The contest features TWO distinct categories - Individual and Clan Competition. To maximize your chances, please familiarize yourself with the rules below.
Competition Category
Individual Competition
Compete against fellow traders to top the leaderboard based on trading volume. Strive to outperform others and claim the title of top trader in this category.
Prize pool: $70,000 for the top performers
More details:
***Additional Requirement: You must complete more than 20 trades to be eligible for this category.
Clan competition
Join forces in a team-based challenge to achieve the highest average PNL. Regardless of the number of team members, this category will test your discipline, leadership, and team coordination skills to be on the top altogether.
Total Prize pool: Up to $50,000 ($44,000 for the top teams & $6,000 for leaders)
How does it work?
- Participants will be randomly assigned to a clan in these 4: The Maverick Zharkie, The Analytical Zorro, The Liquidity Zeek, and The Phantom Zeph.
- Join the Holdstation Discord, acquire a role corresponding to your clan, and engage in strategic discussions in exclusive group chats.
- Each clan member must achieve a minimum trading volume of $10,000 to qualify for rewards.
Clan Rewards distribution
The total prize pool is $30,000, distributed as follows:
- $6,000 will be shared among the 4 Clan Leaders with the highest trading volumes, each receiving $1,500.
- The remaining $24,000 distributed among the 4 Clans based on rank ( see table 2)
Within each clan, individual prizes will be distributed as follows:
- 30% of the prize is split evenly among members, and 70% is based on individual PnL contributions.
Extra Clan Rewards
An additional prize pool of a total $20,000 for 4 clans ($5,000 for each) is available. If each clan achieves a sufficient volume and engages in trading, they will receive corresponding rewards.
This extra prize will be divided equally among all qualified users in the clan (traders who meet the requirement with a trading volume of at least $10,000). More details are in the table below.
*** Tips to maximize your chances of winning awards with Clan Competition:
- Get randomly assigned to a clan and aim for a minimum trading volume of $150k.
- Top 200 traders qualify for individual prizes; highest volume earns Clan Leader reward.
- Share strategies with your clan to boost overall success.
- Increase trading volume and number of trades for additional clan rewards.
- Earn extra chests for reaching transaction volume milestones, each with enticing rewards.
Trading Marathon Bonus
As a gesture of appreciation, participants will receive Holdstation Chests as rewards based on their trading volume milestones.
More details:
Here's how it works:
- If you reach a trading volume of 150K, you'll be rewarded with 15 chests.
- Surpass a volume of 500K, and you'll receive an additional 5 chests, totaling 20 chests.
- This bonus pattern continues for further milestones, with more chests awarded as you achieve higher trading volumes.
- Ensure you reach a significant trading volume in each category, and remember, a minimum of 20 trades is required to qualify.
Important Notes
- Only closed orders contribute to the calculation of trading volume and the number of trading orders.
- Profit and Loss (PnL) is determined after deducting transaction fees.
- Forex and commodity trading volumes are considered only at 1/10th of the actual value. For instance, a trade of $100,000,000 on Forex a pair will be accounted for as a trading volume of $10,000,000.
How to participate?
- Ensure you have a Holdstation account. Download the app and sign up if you haven’t already here: holdstation.com
- Log in and navigate to the trading section or visit this website: holdstation.exchange/trading-competition
- Start trading – your trades will automatically count towards the competition.
Fair Play Rules
Before you dive into the contest, there are a couple of things to note:
🚨 Cheating is strictly prohibited, and any attempts will result in immediate disqualification.
⛔ We also reserve the right to deny payout to any participant who engages in counterfeit activity or violates the terms and conditions of the contest.
That's it.
Now that you've got all the rules in the palm of your hand, it's time to win a massive prize pool of over $120,000 in HOLD.