Due to the overwhelming enthusiasm and participation in our previous trading contest, we are thrilled to continue the excitement with the Lavanaut Trading Contest, now happening on a weekly basis!
Recurrence: Each contest round commences every Monday until further notice.
To participate, simply open and close leverage position(s) on https://app.lavarage.xyz/ during the contest period. There is no need to sign up for the contest and the leaderboard will be published regularly.
Prize Pool:
The prize pool, i.e. the Treasure Box, is determined by the total number of eligible 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 600 USDT but if there are 150 positions opened during the contest period, the prize pool will be doubled due to the 2X multiplier!
Prizes (in USDT):
Note: The winner and runner-up will be 2 different wallet addresses for both categories.
Contest Rules
Leverage positions opened and closed during the contest period will be counted, with the exception of:
- Swaps, i.e. transaction(s) with 1x leverage;
- Positions with open size smaller than 0.5 SOL;
- Positions that are opened before the contest period;
- Positions that are closed after the contest period.
Reward distribution
Winners need to submit tickets on Lavarage’s Discord server for wallet address confirmation. USDT rewards will be distributed within 10 days after successful confirmation.
Disclaimer
- 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.
- 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.
- Contest rules and periods are subject to change on a weekly basis.
- Participants who are found to be involved in fraudulent activities such as volume spamming, market manipulation, and self-dealing will be disqualified.
- Participants who are found to be involved in identical trading strategies will be disqualified.
- Participants found to have placed and canceled orders at a high frequency per minute will be disqualified.
- 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: https://app.lavarage.xyz/
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Contest Leaderboard
Last update: 16 Jun 2024 23:59 UTC
Round 2: 10 June, 2024 00:00 UTC to 16 June, 2024 23:59 UTC
Top 5 One-time ROI:
Top 5 Amount of Borrow:
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Contest Winners
Round 1: 3 June, 2024 00:00 UTC to 9 June, 2024 23:59 UTC
Multiplier: 2x (120+ positions)
Highest one-time ROI:
Winner (400 USDT): JPfb*****ijs2
Runner-up (200 USDT): AyXm*****aLoT
Highest total borrowed amount:
Winner (400 USDT): AyXm*****aLoT
Runner-up (200 USDT): A6qH*****19gJ
Round 2: 10 June, 2024 00:00 UTC to 16 June, 2024 23:59 UTC
Multiplier: 2x (120+ positions)
Highest one-time ROI:
Winner (400 USDT): BRZA*****vWMv
Runner-up (200 USDT): AyXm*****aLoT
Highest total borrowed amount:
Winner (400 USDT): AyXm*****aLoT
Runner-up (200 USDT): A6qH*****19gJ
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Website: https://lavarage.xyz/
X: https://twitter.com/lavaragexyz
Discord: https://discord.gg/lavarage
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.
