The Russian blockchain platform Waves will be the general sponsor of the World Series trading tournament (WSOC) , which will be held on the Waves DEX exchange soon. The prize fund of the contest will be over $ 33,000 in Waves tokens.
Participation in the competition is free. Registration of participants opens on May 23 and will continue until June 12. The tournament itself will begin at 14:00 Moscow time (UTC + 3) on June 13 and will end at 14:00 Moscow time (UTC + 3) on June 20. To register, participants will need the installed Waves Keeper extension and Telegram account.
Each participant will receive demo tokens in the amount of 100,000 dUSD (demo dollars) as an initial balance. The competition will be held exclusively on the Waves DEX exchange using five pairs of demo-tokens. All participants with a final balance of over 100,000 dUSD will be included in the prize pool.
Contest rules:
- The contest takes place exclusively at Waves DEX.
- Trading is possible with smart assets (dWAVES, dBTC and dETH) in the following pairs:
- dWAVES / dBTC
- dWAVES / dUSD
- dBTC / dUSD
- dETH / dUSD
- dETH / dBTC
- Traders have seven days to show their skills and get the maximum profit.
- Allowed to use trading bots.
- The prize fund will be divided among the most successful traders.
The establishment of other assets and the withdrawal of demo tokens is prohibited. Statistics of all traders will be visible on the main page of the WSOC. Personal statistics will be available in the profile of each trader. It can also be seen using the filters on the main page. Transaction commission is paid from the user's balance in WAVES.
At the end of the competition, the demo tokens of all participants will be frozen, and the balance will be transferred to dUSD at a spot price. All traders with a balance of over 100,000 will receive part of the prize fund. The pool of winners will be published in the Achievements section of the main page of the WSOC website.
The prize fund is distributed as follows:
- 1st place: 5 000 WAVES
- 2 place: 3 000 WAVES
- 3rd place: 2 000 WAVES
- Another 3,000 WAVES will be divided among the other participants who made a profit in proportion to this profit.
“The WSOC platform specializes in trading contests and invites all exchanges and the crypto community as a whole to participate in them. We are convinced that the choice of Waves DEX as a venue for the WSOC tournament will ensure its full transparency and security, ”said Alexander Ivanov, founder and CEO of Waves.
You can get more information and apply for participation through the official WSOC website .
Earlier in May, the Waves Platform entered into a partnership with a supplier of KYC solutions and Blockpass identification systems, which will be available to platform customers through the KYC application
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