The Dexalot Trading Cup Round Two
#Trade2TheSubnet
The Subnet is on the way! Whether you’ve been participating in #Stake2TheSubnet or are brand new to Dexalot, it’s time to start reaping some rewards. We’re giving users a fun new series of trading competitions, with new prizes, mock tokens and rules every two weeks. If you missed DTC Round 1, get involved in Round 2. Are you ready to #Trade2theSubnet? Prepare yourself, because our second entry into the Dexalot Trading Cup starts Monday November 21st and the top traders will be splitting 2,000 $ALOT! Double last time!! The formula is simple; enter, collect your mock tokens, trade and WIN.
The Highlights
- Prize: 2,000 $ALOT divided amongst the winners.
- Date: November 21st
- Trade-pair: kAVAX / kUSDC
- Participants: 2,500 total
- Rankings: via DIP (Dexalot Incentive Program) scores
- Winners: Top 5
The Rules
- The contest will be held on The Dexalot Subnet Release Candidate.
- You will be trading mock kAVAX/kUSDC, pegged to real AVAX and USDC, respectively. The closer your orders are to the mid-market price the more rewards you could receive.
- You will receive 500 kAVAX /10,000 kUSDC in your Dexalot Portfolio. If you traded in the first contest you will retain your total amount of tokens if it is above this amount otherwise you will receive 500 kAVAX/10,000kUSDC in total.
- You can not withdraw your tokens from the Portfolio.
- You may trade manually by entering your orders directly.
- You may trade by writing a program to trade for you.
- There are no restrictions on how or when you trade.
- You may obtain mock ALOT to use as transactional gas from the Avalanche faucet.
- The prize will be divided proportionally based on your DIP user score among the top five scorers.
On Your Mark
- Participants in the first #Trade2theSubnet contest will automatically receive kAVAX and kUSDC mock tokens to their portfolios and are good to go.
- Everyone else may apply by filling out this form(TRADE2THESUBNET). Please have your email and Avalanche C-chain wallet addresses available.
Get Set
- Connect your wallet to The Dexalot Subnet Release Candidate.
- Introduce yourself to The Dexalot Subnet.
- Watch an Introduction to the Subnet with Ethan Tutorial.
- Obtain 2 mock ALOT for gas from the Avalanche Faucet
-Select Network — Fuji(C-Chain)
-Select Token — Dexalot Token(ALOT)
-Add your address and request 2 mock ALOT - Learn how to deposit mock ALOT to the Subnet.
- Learn how to switch from the Mainnet to the Subnet.
- Learn how to add mock ALOT to your gas tank.
- Learn how to trade in the Subnet.
- Learn trading strategy from experts.
- Ask questions and get answers on Discord #dexalot-trading-cup.
Go
- Start: 10a EST Nov 21st
- Adjust your trading strategy
- Continue trading
- End: 10a EST Nov 30th
- Own your trade
Understanding DIP and how it awards participants is key to winning the contest!
Author: Brad McFall
Editor: Dan Marcoulis
Graphics: Can Toygar
About Dexalot:
Dexalot is a revolutionary decentralized exchange bringing the traditional centralized exchange look and feel to a decentralized on-chain application. Its mission is to bring a truly inclusive and transparent environment where Dexalot users can trade crypto securely and efficiently, with no slippage or custody risk. It is built on Avalanche, the fastest smart contracts platform in the blockchain industry.
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