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Launching NAO Futures – Nami Championship season 11 (November 2023)
16/11/2023

Dear Nami community,

Following the success of previous NAO Futures seasons, and continuing to create a competitive and attractive playground for the community, Nami Exchange would like to announce the launch of the NAO Futures – Nami Championship Season 11 from 2023-11-19 17:00 (UTC) with a total prize value of over 668,000,000,000 VNST (~28,000 USDT).

The NAO Futures Season 11 promises to be a vibrant and competitive tournament, with new valuable prizes such as: iPhone 15 Pro Max, a new WNFT collection with superior features, and other exciting prizes for the best individuals and community partners.

Information about the tournament will be continuously updated on the official NAO Futures tournament website.


Tournament Rules

Event time: From 2023-11-19 17:00 to 2023-12-17 17:00 (UTC)

How to participate: Individual and Community Partner

Ranking method:

  • For individuals: Rank by trading volume, trading profit percentage (%PnL)
  • For Community Partners: Rank by trading volume, total number of direct referrals

The tournament applies to NAO Futures VNDC, VNST and USDT, achievements are converted and displayed to VNST


Prize structure

For individuals

The 10 users with the highest trading volume in month will receive VNST and merchandise prizes with a total prize value of 58,000,000 VNST. The prize structure is as follows:


The 10 users with the highest trading volume per week will receive VNST and merchandise prizes with a total prize value of 12,500,000 VNST each week. The prize structure is as follows:


This is the first time in the NAO Futures tournament, users with the highest Profit Ratio (%PnL) in a day will also have the opportunity to win attractive daily prizes, based on each trading volume range.

In addition, in this NAO Futures tournament season also offers 3 trendy iPhone 15 Pro Max to the first 3 users who reach to 500 billion VNST total trading volume, and WNFT prizes that share the total trading fee for the first users to meet the condition of 50 billion VNST trading volume and refund NAO Futures trading fees for the first users to meet the condition of 1 million VNST cumulative trading profits

Learn more about WNFT Sailfish, Marlin Fish and Deep Wave collection.

Prize Structure:


Notes on the daily awards for individuals based on profit trading percentage :

  • Positions must achieve a trading profit percentage of greater than 0% to be ranked.
  • Prizes are calculated for positions opened during the tournament and closed on the qualifying day, including orders to close partial positions or close entire positions
  • Each user can only receive 1 prize per day, prioritizing the highest value prize. Prizes are automatically distributed to users at 00:00 (UTC) the following day. Users who received prizes the previous day, can still claim prizes for the following days.

For Community Partners

08 community partners with the highest trading volume in the system during the tournament will have the opportunity to share up to 3% of the total NAO Futures trading fee on the entire system with the following specific structure:


The first 10 community partners to meet the cumulative of 5,000,000 USDT trading volume on the entire system to upgrade to the Diamond partner in the next assessment period will receive the following promotion rewards:


06 community partners with the highest number of successful direct referrals and the 6 new partners with the highest total trading volume on the entire system will also receive attractive rewards as follows:


Conditions for ranking to individuals prizes

Monthly Awards:

  • Have more than 20 valid trading positions with a minimum volume of 1,000,000 VNST, 1,000,000 VNDC, or 50 USDT per position
  • Total trading volume greater than 1,000,000,000 VNST
  • Total time to maintain position is at least 200 hours (the system will display this metric for each individual at the tournament personal information interface)

Weekly Awards

  • Have more than 5 valid trading positions with a minimum volume of 1,000,000 VNST, 1,000,000 VNDC, or 50 USDT per position
  • Total trading volume greater than 250,000,000 VNST
  • Total time to maintain position is at least 50 hours (the system will display this metric for each individual at the tournament personal information interface)

Conditions for ranking to community partners prizes

With the network trading volume category

  • Partners need to successfully refer a minimum of 20 new users (including directly and indirectly referred users) during the tournament period. Eligible new users are defined as users who complete account KYC during the program period.

With the Diamond Advance Partner category

  • Achieve enough Futures trading volume conditions to upgrade to Diamond partner status during the tournament (ie 5,000,000 USDT in converted value of accumulated Nami Futures and NAO Futures trading volume) with the qualifying period in November or December 2023.
  • Successfully refer at least 20 new users (including direct and indirect referred users) during the tournament period. Eligible new users are defined as users who complete account KYC during the program period.

With the TOP Referrals category introduced

  • Partners need to successfully refer a minimum of 20 new users directly during the tournament period. Eligible new users are defined as users who complete account KYC during the program period.

With the New Partner category

  • Users need to register as community partners
  • Meet the Futures trading volume requirements to upgrade to Official partner status during the tournament (ie 200,000 USDT in converted value of accumulated trading volume of Nami Futures and NAO Futures) with the ranking period in November or December 2023.
  • Successfully refer at least 20 new users (including direct and indirect referred users) during the tournament period. Eligible new users are defined as users who complete account KYC during the program period.

How to participate

  • Individuals and community partners do not need to register to participate to compete, the system will automatically rank users who meet the requirements.

Achievement calculation method

  • Total time to maintain position: The total time of all active positions, from opening to closing, cumulatively for each position (for example, if in 1 hour there are 10 opened and closed positions, the time of maintain positions is calculated as 10 hours).
  • Trading volume: Total volume of closed positions
  • %PNL = Position profit / Initial margin x 100%, where Initial margin = Actual margin when closing order + Funding amounts deducted from margin (if any)

Important Notices

  • WNFT Sailfish with the feature of sharing 1% of NAO Futures trading fees, users can receive different types of tokens, based on the actual fee asset of the system. In case at the end of the tournament there are still not enough 30 qualified users, this WNFT will not be distributed.
  • WNFT Marlin Fish with the feature of 50% refund of NAO Futures transaction fees, users will be refunded based on the token that users use to pay trading fees, converted to VNST. Trading fees is calculated from 17:00 the previous day to 17:00 this day and refunded at 00:00 the next day (UTC).
  • Tournament performance for Individuals is only for NAO Futures VNDC, VNST or USDT positions that are opened and closed during the tournament and have a minimum volume of 1,000,000 VNDC, 1,000,000 VNST and 50 USDT
  • Each user can only receive First, Second, and Third weekly prizes only once, for example: Users who have received First Prize in the first week will not be able to receive Top 3 prizes for other week.
  • Weekly prizes will be summed up every Monday and is expected to be awarded every Wednesday
  • The Organizer reserves the right to change the program mechanism or stop the program ahead of time.
  • All digital asset prizes will be transferred directly to the winner's NAO Futures wallet within 02 working days after the final rankings are announced.
  • With the merchandising prizes, the Organizers will contact and awarded to the users within 15 working days. Depending on delivery conditions, there may be corresponding forms of prize value conversion.
  • For the iPhone 15 Pro Max prize, BTC will contact and award users within 30 working days. The color of the iPhone will be chosen by organizer based on the availability of the supplier at the time of the award, subject to delivery conditions, and there may be corresponding forms of conversion of the prize value. The iPhone 15 Pro Max prize is only applicable to Vietnamese users.

We wish all users and community an exciting season and successful trading!


Further information:


Best Regards,

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Nami. All trading strategies are used at your discretion and your own risk. Nami will not be liable to you for any loss that might arise from your use of Futures.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 700 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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Website: https://nami.exchange/

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