Pioneer Testnet Trading Competition

Shield Official
2 min readApr 24, 2022

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Fellow trader friends, welcome to our perpetual option trading competition at BSC Testnet and win some SLD!

Shield’s Perpetual Option is an innovative financial instrument that pioneers the first long-term, on-chain options without the effort, risk, or expense of rolling positions. It’s a useful financial instrument that runs on decentralised network.

Shield’s perpetual option is a unique and optimal trading toolkit in all market conditions. It’s a new era for on-chain derivatives traders. In order to let more people know about the benefit of Shield’s perpetual option, we are launching a trading competition with very attractive prizes for you to win!

Competition Details

  • This compeition is live on BSC Testnet.
  • This is Perpetual Option trading competition. Thus, only results from trading perpetual options will be taken into account.
  • Final profits are what count here. Traders will be ranked based on final profits earned from all openings during the competition.
  • All USDC Trading Pairs, BTC-USDC and ETH-USDC are eligible for participation in the trading competition.

Competition Timeline

  • Starts: 25 APR 2022, 13:00 UTC
  • Ends: 16 MAY 2022, 13:00 UTC

Rewards

Tier 1: 18,000 SLD for TOP 10 traders

Traders with final profits ranked in the TOP 10 will be rewarded as the following.

  • №1: 5,000 SLD
  • №2-№5: 2,000 SLD
  • №6-№10: 1,000 SLD

Tier 2: Unconditional rebating coupon worth of 500U

Traders with final profits ranked in the TOP 11–50 will receive rebating coupon worth of 500U that can be used as funding fee with no strings attached.

Tier 3: Share and earn rebating coupon

For participants with more than 100 followers or inside any trader groups larger than 100 people, every sharing meeting the standard is eligible for one rebating coupon worth of 100% 200U funding fee for the first day. Maximum of 5 coupon for each wallet.

How to Claim

  • Tier 1 SLD rewards are claimable at competition page at 19 MAY 13:00 UTC.
  • Tier 2 rebating coupons are claimable at ShieldUnion TG group after verify your wallet address with ambassadors at 19 MAY 13:00 UTC.
  • Tier 3 rebating coupons are claimable anytime during the competition as long as the criteria is met. Follow the below steps to claim.
  1. Click “SHARE” on the trading page and get a screenshot of profitable PnL.
  2. Share the screenshot to either twitter or trader group with more than 100 people.
  3. Take a screenshot of you sharing the profitable PnL meeting the above criteria and join ShieldUnion TG group.
  4. DM ambassadors your screenshot and your wallet address.

Go start trading at https://app.shieldex.io/contest.html and win some SLD!

Shield Protocol reserves the right to change or amend any competition activity or competition activity rules at our sole discretion.

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Shield Official

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