We are excited. You should be too.
To celebrate our exclusive partnership with KuCoin, one of the world’s leading crypto exchanges, we are organizing a $50,000 trading competition. Designed to reward both of our communities of traders and blockchain security enthusiasts, this competition is anticipated to facilitate mutual trust and bring them closer than ever before.
We also believe that this is the perfect opportunity to showcase the numerous trader-friendly features of the KuCoin exchange, which include a uniquely broad selection of cryptocurrencies, bottom-low trading fees, and a solid user base that ensures ample market liquidity.
Bearing in mind the news that the heavily incentivized farm on Unicrypt ends soon, few traders should doubt that the new frontier of holder and trader engagement is going to KuCoin. If you are not yet on top of this trend, consider this trading competition your first step!
We’ve also got many more exciting updates and opportunities coming up very soon. Stay tuned!
About the Competition
1st Round: 3 September — 10 September
2nd Round: 13 September — 20 September
Prize pool: $50,000 in $LSS
Grid Trading Competition (3 September — 10 September)
Activity 1: APR Competition ($4,000)
At the end of the activity, we’ll rank the APRs of the $LSS Spot Grid trading bots created during the activity, have a total investment of ≥100 USDT, have run for more than 24 hours, and maintain an arbitrage number >0. If users have more than one $LSS Spot Grid trading bot, the one with the highest APR will be counted.
Activity 2: Profit Battle ($3,600)
At the end of the activity, the system will rank the profit amount of the $LSS Spot Grid trading bots created during the activity, have a total investment of ≥100 USDT, have run for more than 24 hours, and maintain an arbitrage number >0. If users have more than one $LSS Spot Grid trading bot, the one with the highest profit amount will be counted.
Activity 3: Participation and Lucky Draw ($2,400)
Participation: Users who create an $LSS Spot Grid trading bot during the activity with a total investment of ≥100 USDT and keep it running for more than 24 hours will receive an equal share of the $2,000 reward pool. Each account is limited to having one trading bot participate in the activity.
Lucky Draw: During the activity, the 1st, 10th, 50th, 100th, and 150th $LSS Spot Grid trading bot created will each get an extra $80 reward, totaling $400.
Net Buying & Holding Competition (13 September — 20 September)
1. Net Buying Competition ($15,000)
Rewards are received by the top 20 accounts with the highest net buying volume of $LSS on KuCoin!
2. Net Holding Competition ($20,000)
A snapshot of each user’s $LSS balance each day at 16:00 (UTC) will be taken. The top 20 accounts with the highest average holding amount of $LSS per day on KuCoin will be rewarded.
3. Participation ($5,000)
Users who have a net buying volume reach 1,000 $LSS or more and add the $LSS/USDT trading pair to their favorite list will receive an equal share of the $5,000 prize pool.
Terms and Conditions:
- Participants must have an active KuCoin account in good standing.
- Rewards will be distributed in $LSS
- Rewards will be distributed automatically within two weeks of the competition end date.
- Prizes will be credited directly to users’ KuCoin main accounts.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Our protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner.
With our stake-based reward system, the community is encouraged to actively explore ways to detect hackers and fraudulent transactions. Our sleek and fluid dashboard interface also allows users to view transactions at a bird’s-eye view.
To learn more about our project and join the community, follow us on our website and social media platforms below: