Incentive Programs
Rage to Riches - GMX V2
2min
The trader competitions will now be weekly, with 25 winners and a weekly lottery ticket.
- ROI Formula: (Profit and Loss (PnL) / max (userCollateral, Average Collateral)) × 100
- Maximum Average Collateral: This computes the average of all users participating in the round who conduct trades with collateral values between $1000 and $20,000.
PS: If collateral falls below the maximum average collateral, the maximum average collateral will be used to calculate ROI. Otherwise, we'll use your actual collateral.
Eligibility Criteria
- Participants must execute at least one trade on GMXv2 using Rage Trade.
- Participants must maintain the Rage Trade referral code throughout the entire epoch.
Reward Distribution
- Any tokens earned will be deposited into the wallet address only after running checks.
- We'll run lottery tickets weekly for Rage traders who contribute volume but end up with close to 0 PnL.
Additional Points
- We reserve the right to modify the offer structure, benefits, and other features and to discontinue or terminate the offer at any time. We also reserve the right to exclude any user from the offer.
- In the case of a tie or other unforeseen circumstances, Rage Trade's management will have the final say.
Updated 30 Apr 2024
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