@Velvet_Capital has announced a strategic trading competition in collaboration with @yhbryankimiq and the $XRPS ecosystem, bringing together incentive driven participation, onchain trading activity, and a structured rewards distribution model designed to encourage consistent volume engagement over a three day period. The initiative also introduces a 50% Gems boost on all XRPS volume activity within the Velvet ecosystem, further enhancing reward accumulation for active participants.
The competition features a total reward pool of 900,900 $XRPS, distributed through two primary mechanisms. The first allocation grants the first 100 traders who achieve at least $100 in XRPS trading volume access to a shared pool of 180,180 $XRPS, rewarding early and active participation. The remaining 720,720 $XRPS will be distributed proportionally based on total trading volume generated during the campaign period, ensuring that sustained engagement is directly reflected in reward distribution.
Participants trading XRPS on @Velvet_Capital during this window will not only gain exposure to performance based incentives but will also accumulate additional Gems, strengthening their position within the broader Velvet rewards system. The structure is designed to align trading activity with ecosystem growth while rewarding both early movers and high volume participants.
This campaign reflects a continued focus on combining trading infrastructure, incentive design, and user engagement within a unified onchain environment. Trade smarter, participate early, and maximize rewards while the competition is active.
$XRPS $VELVET #Velvet #XRPS #DeFi #Solana #DeFAI
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Link: https://t.co/sn7ETDmfPe