Jan 27
Practice To Earn
Are you looking forward to practice trading while not risking real capital, but rather gaining real capital?
The Deri demo Testnet allows traders to get a deeper understanding of the Deri Protocol DPMM trading mechanism, whereas this practice-to-earn promotion is aimed at encouraging traders to get their first experiences.
Event Rule:
Each Address eligible to participate in the game must have had at least total 10 transactions in these mainnets, including Ethereum, Binance Smart Chain, Arbitrum, Optimism, Avalanche, Polygon, Fantom, and Heco before Jan 1st, 2022.
Event Period: 10:00 AM Jan 27th, 2022 - 09:59 AM Feb 10th, 2022 (UTC)
Event Prize: 50,000 DERI
The Top 50 winners ranked by P&L Percentage will share 50,000 DERI as below:
- 1st place: 4,000 DERI tokens
- 2nd place: 2,500 DERI tokens
- 3rd place: 2,250 DERI tokens
- 4th place: 2,000 DERI tokens
- 5th place: 1,750 DERI tokens
- 6–10th place: split 7,500 DERI tokens
- 11–20th place: split 12,500 DERI tokens
- 21–30 place: split 10,000 DERI tokens
- 31–40 place: split 5,000 DERI tokens
- 41–50 place: split 2,500 DERI tokens
A trader’s P&L percentage (%) is calculated in the formula:
P&L Percentage(%) = (Dynamic Effective Balance / Margin)-1
Have a try now!
Deri Testnet: https://testnet.deri.finance/
The guide of Demo Trading: https://deri-protocol.medium.com/introducing-deri-protocol-demo-trade-268cd4cb7b88
The guide of Trading Tutorial : https://docs.deri.finance/trading/deposit-margin
Terms & Conditions:
- Deri Protocol reserves the right to disqualify trades that are deemed to be self-dealing, matched orders, market manipulation.
- Deri Protocol reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
About Deri Protocol
Deri Protocol = (Perpetual Futures + Everlasting Options) x Decentralized.
Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.
