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Launching Nami Championship - NAO Futures Season 13: The Race Of Market (April 2024)
08/04/2024

Dear Nami Community,

The market is more exciting than ever with Bitcoin reaching a new ATH of over $73,000 USDT, leading to growth in other Altcoins. Joining the excitement of the market, Nami Exchange is pleased to announce the launch of the Nami Championship - NAO Futures Season 13 from 2024-04-14 17:00 (UTC) with a total prize pool of over 1,500,000,000 VNST (~60,000 USDT).

NAO Futures Season 13 brings a competitive arena with multiple categories and exciting prizes: a luxury Diamond ring with total value of over 50 million VNST, SB Vouchers with superior features, and many other valuable prizes await outstanding individuals and community partners.

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

Tournament Rules

Event time: From 2024-04-14 17:00 to 2024-05-19 17:00 (UTC)

How to participate: Individual

Ranking method:

  • For individuals: Ranked by Trading Volume, Profit (PnL), Position Profit Percentage (%PnL)
  • For Community Partners: Ranked by Trading Volume from directly referred new users (*)

The tournament applies to NAO Futures VNST, VNDC and USDT, achievements are converted and displayed to VNST (**).

(*) New User is defined as a User who completes KYC, completes first Deposit via Partner and has cumulative NAO Futures trading volume equivalent to 100,000,000 VNST during the tournament period
(**) Except for Copy Trading Award for Masters


Prize structure

For individuals

Tournament Awards

When the total system trading volume reaches 300,000,000 USDT, the initial prize pool of 1% of the total NAO Futures trading fee will be unlocked.

The top 10 users with the highest Trading volume and the 10 new users with the highest actual profit during the tournament will have the opportunity to share up to 3% of the total NAO Futures trading fee during the season, as well as valuable merchandise from Nami.

The detailed prize structure is as follows:


Copy Trade Awards

Especially to celebrate the launch of the Copy Trading product, NAO Futures Season 13 will have an additional award category for the Top Masters and Top Followers with a total prize pool of 50 million VNST, specifically as follows:

The 10 Masters with the highest ROI of the season with NAO Futures VNST trading will receive VNST and NAO rewards with a prize value of 25,000,000 VNST, details:


The top 10 Copiers with the highest actual profits from the NAO Futures Copy Trading of the tournament will receive VNST and NAO rewards with a total prize pool of 25,000,000 VNST. Details:


Weekly Award & Daily Award

The 10 users with the highest trading volume per week will receive VNST and NAO with a total prize value of 10,000,000 VNST each week.

The 3 Users with the highest daily position profit ratio (%PnL) will receive VNST rewards, tailored to their trading volume range. The prize structure is as follows:


SB rewards and Diamond Ring

In particular, the top 3 first users who reach trading volume of 1,000 billion VNST will receive 03 luxurious and fashionable Diamond rings with a total value of over 50 million VNST.

In addition, hundreds of SB Vouchers with preferential features are waiting for their outstanding owners, namely:

  • The first 200 users who successfully invite 2 new users will receive SB Trading Fee Rebate, which has the feature of refunding 50% of NAO Futures trading fees within 3 days, with a maximum refund of 100,000 VNST.
  • The first 200 new users who deposit from 1 million VNST through Partners will receive SB 100% APY Booster, which helps the owner earn daily interest with an annual interest rate of up to 100%, applicable for 3 days with a maximum interest of 100,000 VNST
  • The first 100 users who copy the Master and complete the first NAO Futures copy trading order will receive SB Cover Copy Trading, which has the feature of refunding for the first copy order if it loses with a maximum refund of 100,000 VNST

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

  • 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.
  • New User for SB Rewards is defined as a User who completes KYC and completes first Deposit via Partner during the tournament period (not required accumulated trading volume)

Community Partners Trading Volume Award

  • Prizes increase according to the number of new users completing advanced KYC from the Community Partner system

When the system reaches 200 new users who complete advanced KYC during the tournament period, a reward fund of 2,000 USDT will be unlocked. The reward fund will be increased corresponding to each new user milestone completing advanced KYC during the tournament period.

  • Share bonus pool up to 30,000 USDT

The top 50 community partners with the highest Trading Volume from direct new referred users of the tournament will share a total prize pool of up to 30,000 USDT corresponding to the milestone of 3,000 new users completing advanced KYC as follows:

Reward Value = Total Prize Pool x Trading Volume from direct new referrals / Total Trading Volume from direct new referrals of the top 50 partners.

Note: In case of multiple partners with the same Trading Volume, the partner's ranking will be based on the number of new users successfully referred directly by the partner. If any dispute occurs, Nami's decision is the final.


Conditions for ranking to individuals and community partners prizes

Tournament Awards:

  • Have more than 20 valid trading positions with a minimum volume of 1,000,000 VNST, 1,000,000 VNDC, or 40 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)

Copy Trading Awards

  • Copier and Master need to achieve a cumulative trading volume in the Copy Trading product of at least 1 billion VNST
  • Master ROI is calculated during the tournament period and only applies to NAO Futures VNST trading contracts and is calculated based on the NAO Futures VNST balance recorded at 2024-04-14 17:00 (UTC)
  • Masters need to complete at least 20 valid NAO Futures VNST open copy trading positions with a minimum volume of 1,000,000 VNST per position

Weekly Awards

  • Have more than 5 valid trading positions with a minimum volume of 1,000,000 VNST, 1,000,000 VNDC, or 40 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)

Community Partner Award

  • Total trading volume from directly referred is greater than 1,000,000 USDT
  • Community partners need to refer at least 5 new users completing advanced KYC
  • New User calculated for Prize Pool is defined as a User who completes KYC, completes first Deposit via Partner and has cumulative NAO Futures trading volume equivalent to 100,000,000 VNST during the tournament 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 maintaining positions is calculated as 10 hours).
  • Trading volume: Total volume of closed positions
  • ROI (%PnL) = Position profit / Initial margin x 100%, where Initial margin = Actual margin when closing order + Funding amounts deducted from margin (if any)

Important Notes

  • For SB Trading Fee Rebate, which has the feature of refunding NAO Futures trading fees, users will be refunded based on the total trading fees with multiple types of assets converted to VNST with a maximum refund of 100,000 VNST. Trading fees are aggregated daily (from 17:00 the previous day to 17:00 the next day) and refunded at 00:00 the next day.
  • SB Copy Trading Cover only applies to the first copied order and when that order has a negative profit (does not apply to order liquidation fees). If the first order has a positive profit, SB Cover will not be applied and will be expired.
  • A new user is considered valid when they have completed advanced KYC (Bank linking and made the first deposit via partners).
  • 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 weeks.
  • Tournament performance for Individuals is only calculated positions with the maintenance time not less than 5 minutes.

In there:

The time to maintain a position with limit orders placing is calculated from the moment the position is activated until the moment the position is partially or completely closed.

Position maintain time for positions including Volume Added Orders is calculated from the time the position is added volume until the moment position is partially or completely closed

  • 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 Diamond Ring prize, Nami will contact and deliver the prize to the user within 30 working days. There may be corresponding prize value conversion methods. The prize only applies 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 1000 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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