🏁 Season 21: Degen Racing Royale 🏁
Degen Racing Royale returns! Get ready to rev your engines and claim your crown
Total Pool: 12,400 APT, 380,000 esMKL
- Seasonal Trading Rewards: 8K APT, 380K esMKL
- Racing Royale Prizes: 4,400 APT
🗓️ Round 1: Oct 3, 12:00 UTC — Oct 7, 12:00 UTC (4 days)
🗓️ Round 2: Oct 8, 12:00 UTC — Oct 12, 12:00 UTC (4 days)
🎮 Round 1: Chip Mining and King Selection
- Collect Chips: Every time you trade and pay a fee, you earn Chips. Every $0.01 paid in entry/exit fees will get you 1 Chip.
- Achieve Top Degen Score: Top 20 traders become Degen Kings in Round 2 to compete for 1,200 APT
🎮 Round 2: Degen Racing
- Bet on Winners: Bet your Chips on Degen Kings. The higher your chosen King ranks, the more you can win.
- Earn Rewards: A total of 3,200 APT will be distributed based on your share of the total Chips bet on the winning King.
- Bet Early: The earlier you bet, the more Chips you can use. Check our Medium post for full details.
- Survival Mode: Every 24 hours at 12:00 UTC, the two lowest-ranking Kings, including those tied, will be eliminated. Bets on the eliminated Kings will be returned, following the halving rule.
🗒️ Requirements for Degen Score
- Username Registration: To begin accumulating Degen Score, users must register their S21 username on the contest page.
- Collateral must be at least 20 $USDC. You can pause your trades from affecting your score by toggling off the switch.
- Position updates (e.g., adding collateral or partial closing) won't improve your score but will penalize your score if your PnL is negative.
- Trade scores are applied in the order they were made, starting with the oldest trade.
- Single Position Scoring: Only one open position will be considered for the Degen Score calculation at any given time.
*All scores will be reviewed to disqualify those violating 'Fair Play' or conflict with the contest's intent.
Wait is over - MKL goes live soon 🌲
The LBA will be concluding in 2 hours, with 553 deposits and $550K+ in liquidity ✨
Get ready to convert your preMKL to MKL on our dApp, with the liquidity pool launching simultaneously on Liquidswap @PontemNetwork
Just signed up for @Merkle_Trade APTitude Trading Contest!
🏆 https://t.co/uMmhIUuKRv
Approval: 1383cc5d-549b-4da3-bf3b-883314b43d7e
https://t.co/OOaMcemXkr
Merkle APTitude Trading Contest starts soon 🔥
🗓️June 4th 1200 UTC - 11th 1200 UTC
$90,000+ prize pool, 3 tracks, 50 USDC min. collateral, and most importantly, 270+ winners 🤯
Everyone has a chance to win🌲
⚡️ Top Gainer: Top 20 notional PnL
⚡️ Degen Climb: Top 250 score based on PnL%
⚡️ Top Rekt: Top 3 notional loss
Details below👇
https://t.co/CZYewVm6XT