DegenComp
Coming soon...
We're extremely glad to introduce DegenComp, a trading competition to usher in DegenDEX! DegenComp will have prizes in insurance, ETH and vested $DGNS tokens!
First, the prizes!
The number 1 DegenPoint holder will be rewarded with full, comprehensive insurance up to $20k, 2 ETH, and a complete refund on all traded $DGNS taxes!
The number 2 DegenPoint holder will be rewarded with full, comprehensive insurance up to $10k, 1 ETH and an 80% refund on $DGNS trading taxes
The number 3 DegenPoint holder will be rewarded with comprehensive insurance up to 80% of lost funds up to $5k, 0.5ETH and a 70% refund on $DGNS trading taxes.
The next 17 DegenPoint holders will receive up to $3k worth of cover and 50k $DGNS (vested over 14 days) each!
Now, the rules!
You MUST hold at least 20k $DGNS in the wallet that you're using to trade for the competition. The $DGNS must have been bought at least 10 minutes before you started competing.
$DGNS trades add 1000 DegenPoints to your account, while non-$DGNS trades get you 100 points.
Only trades made through DegenDEX are valid to enter this competition.
These rules are subject to our Ts & Cs which can be found on our website.
Any attempts to game the system (including trying to call our APIs while unauthorized) will be penalized with an instant, platform-wide ban and forfeiture of all points gathered up to that point.
Users are not allowed to use multiple wallets on the same device. Users found to be doing this will be penalized with an instant platform-wide ban and forfeiture of all points gathered up to that point.
The competition starts once these docs go live and ends one month later! This date will be updated once we publish the docs.
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