Calling all crypto enthusiasts and traders! Brace yourselves for the thrilling RoseonX Trading Point Battle! Gear up, fasten your seatbelts, and unleash the trader within you to claim your spot in this epic battle for glory and seize the chance to win a share of $2,000 worth of ROSX!
Competition Period
- Competition Period: September 11th, 9AM UTC – September 30th, 9 AM UTC
Rules
- Winners will be determined by trading points
- Formula: Trading points = (1 + %PnL)*Cumulative Trading Volume*Boost
– % PnL = (Total Profit/ Total Collateral)*100
– Boost varies depending on points you earn by completing tasks in Testnet Trading Point Boost on Galxe.
| Galxe Point Amount | Boost |
| 0-14 | 1 |
| 15-25 | 1.1x |
| 26-40 | 1.2x |
| 41-60 | 1.3x |
| 61-75 | 1.4x |
| 76-95 | 1.5x |
| 95-124 | 1.6x |
| 125 | 1.7x |
- Verification of tasks on Galxe will be updated daily at 5AM UTC. Last update will be on Sep 29 at 5AM UTC
- Users must meet a minimum trading volume of $10,000 during the competition period to be eligible.
- If two users have the same trading point, the user with the higher %PnL will receive priority ranking.
- Ranking will be updated daily in Roseon Telegram group. All rankings are not final, until confirmed by an official result announcement from Roseon.
- Please make sure that you use the same wallet for trading on RoseonX Beta and completing tasks in Testnet Trading Point Boost.
Example: During competition period, Trader A’s trade information is as follows:
– Total Trading Volume = $20,000
– % PnL = 300%
– Galxe Point = 50 -> Boost = 1.3x
=> Trader A’s Trading point = (1+ 300%)*20,000*1.3 = 104,000
Reward
Reward Pool: $2,000 in ROSX
Reward Pool Breakdown
- For Top 10: $1,200 in ROSX
– 1st Place: $400 in ROSX
– 2nd Place: $300 in ROSX
– 3rd Place: $200 in ROSX
– 4th Place: $100 in ROSX
– 5th Place: $50 in ROSX
– 6th-10th Place: $30 in ROSX - For All Eligible Participants: $800 in ROSX
– Each eligible participants will share a proportion of $800 in ROSX based on their trading points
– Formula: Your reward = (Your Trading Points/Total Trading Points for ALL eligible participants)*800
Rewards will be distributed to eligible winners within 30 working days after the results are announced.
Terms & Conditions
- Roseon reserves the right to adjust the Event or Event rules at its sole discretion.
- Roseon reserves the right to the final interpretation of this event.
- Roseon reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately, such as cheating, multi-account, etc.
About Roseon
Roseon brings crypto adoption through user experience and gamification. Roseon currently has two products: RoseonX, a gamified perp DEX and RoseonApp, an one-stop mobile crypto app. Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web. Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.
Learn more about us: Website | Twitter | Whitepaper | Telegram | Facebook
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