$BENDOG X Lavarage Trading Contest — Weekly Trading Competition with a fiery twist!

Lavarage
3 min read2 days ago

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Prepare for a pawsome twist and an increased prize pool in the latest edition of Lavarage’s Weekly Trading Competition!

Ben the Dog has bound into the Lavarage orbit, bringing a tail-wagging giveaway of up to 69,000 $BENDOG (worth over $2,000) this week! 🐶

Tephra Bonus:
Fetch an additional 2x Tephra boost on all eligible $BENDOG positions opened during this period, ensuring every legendary trader has a howling good chance to win big.

📅 When?

The competition will run from July 1st, 2024 00:00 UTC to July 7th, 2024 23:59 UTC

📝 How to Participate?

  1. To participate, simply open and close leverage position(s) buying $BENDOG tokens on https://app.lavarage.xyz/?referrer=LavaBenDog during the contest period. There is no need to sign up for the contest 💖
  2. The minimum Position Size must be 0.25 SOL or higher in order to be eligible.
    For example, if you trade $BENDOG using 0.1 SOL and leverage trade with a multiplier of 2.5x, the Position Size will be 0.25 SOL

🪙 Prize Pool:

The prize pool, i.e. the Treasure Box, is determined by the total number of eligible $BENDOG positions initiated during the contest period. The higher the number the bigger the prize pool!

For example, if there are only 20 positions opened during the contest period, the prize pool will be 1,000 USD worth of $BENDOG tokens, but if there are 100 positions opened during the contest period, the prize pool will be doubled due to the 2X multiplier!

Prizes (in USD value)

Contest Rules

Leverage positions opened and closed during the contest period will be counted, with the exception of:

  1. Swaps, i.e. transaction(s) with 1x leverage;
  2. Positions with open size smaller than 0.25 SOL;
  3. Positions that are opened before the contest period;
  4. Positions that are closed after the contest period.

Reward distribution
Winners need to submit tickets on Lavarage’s Discord server for wallet address confirmation. Rewards will be distributed within 10 days after successful confirmation.

Disclaimer

  1. Digital asset prices are highly volatile and subject to significant market risks. The value of investments can fluctuate extensively, potentially leading to substantial losses or gains. You are solely responsible for your own investment decisions. Lavarage does not assume liability for any losses that may occur from your trading activities.
  2. Content provided by Lavarage should not be considered as financial advice or a recommendation. All trading decisions should be made independently without reliance on our platform content.
  3. Contest rules and periods are subject to change on a weekly basis.
  4. Participants who are found to be involved in fraudulent activities such as volume spamming, market manipulation, and self-dealing will be disqualified.
  5. Participants who are found to be involved in identical trading strategies will be disqualified.
  6. Participants found to have placed and canceled orders at a high frequency per minute will be disqualified.
  7. Lavarage reserves the right of final interpretation of the event rules including, but not limited to, the above-mentioned information regarding trading, funds, and risks of gang behaviors

Trade now at: https://app.lavarage.xyz/?referrer=LavaBenDog

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Website: https://lavarage.xyz/
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Medium: https://lavaragexyz.medium.com/

The links provided above are the official channels for Lavarage. Please verify before clicking on any external links.

Currently, there is no scheduled Token Generation Event (TGE) for Lavarage, and we will not ask for funds via direct messages. Remain vigilant against scammers impersonating the Lavarage team.

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Lavarage

Your multi-chain non-custodial leveraged trading hub.