JayX, a pioneer in blockchain innovation, is delighted to announce the LK Trading Contest, an exciting event designed to engage traders of all skill levels with its unique dual prize structure. Taking place from May 20, 2024, 10:00 UTC to June 20, 2024, 9:59 UTC, this competition celebrates both high achievers and those who face trading losses, making it a truly inclusive contest.
Details of the Competition:
Participants will be divided into three distinct groups:
1. Lords of Trading: This category honors the top performers of the contest, who achieve the highest Profit and Loss Percentage (P&L%) through their exceptional market strategies.
2. Knights of Trading: Traders in this group are recognized for having the lowest P&L% but contribute significantly to market activity and vibrancy.
3. Trading Warriors: This group celebrates participants with high trading volumes, demonstrating exceptional market engagement.
Upon connecting their wallets, each participant will receive 10,000 virtual USDT for trading. The goal is to achieve the highest or lowest possible P&L% using these funds. To be eligible for prizes, participants must reach a minimum trading volume of 20,000 virtual USDT by the end of the competition.
Rewards Structure:
The competition features a total prize pool of 10,000 USDT and 1,500,000 SEED tokens, distributed as follows:
– Lords of Trading Prize Pool: 5,000 USDT and 250,000 SEED tokens, shared among the top 5 P&L% traders (50%, 20%, 15%, 10%, and 5% respectively).
– Knights of Trading Prize Pool: 5,000 USDT and 250,000 SEED tokens, shared among the bottom 5 P&L% traders in the same proportions.
– Trading Warriors Pool: 1,000,000 SEED tokens, shared among participants with over 50,000 USDT trading volume, who do not win in the Lords or Knights categories.
The first 50 participants will receive an exclusive invite code for JayX Genesis, offering early access to upcoming platform features and special benefits.
An Inclusive and Engaging Competition:
JayX’s LK Trading Contest is designed to celebrate all types of traders. Whether you excel in maximizing profits, contribute to market dynamics, or demonstrate exceptional trading volume, there’s a reward waiting for you. In the LK Contest, even those who experience losses have a chance to win big, fostering a supportive and engaging trading environment.
About JayX:
JayX Protocol is a decentralized blockchain solution aiming to revolutionize asset management with unparalleled on-chain transparency and security. The mission is to offer the seamless experience of a centralized exchange coupled with the robust security of a decentralized one, made possible through the platform’s innovative Chain Abstraction and Multi-Party Computation (MPC) technology.
JayX DEX users benefit from a seamless trading experience similar to any centralized exchange, combined with the security and fairness of decentralized exchanges. Users can trade assets from any blockchain while keeping all of their assets securely on-chain. The platform offers advanced features to streamline the trading experience, while also addressing multi-regional regulatory compliance.
A demo of the JayX Protocol is currently available, with the full launch expected in Q4, 2024.
JayX is committed to building a strong community of traders and developers, offering a range of educational resources and support to help users maximize their potential. The platform’s user-friendly interface and comprehensive tools cater to both novice traders and experienced professionals, making blockchain technology accessible to a wider audience.
For more information and to register, please visit the LK Contest.
For media inquiries, please contact:
JayX Media Relations
Chiharu Suzuki
Email: [email protected]
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