Announcement

Launching NAO Futures Trading Tournament Season 14 - Thrive in Green

07/01/2025

Dear Nami community,


In the vibrant spirit of Lunar New Year, Nami Exchange is excited to announce the launch of the NAO Futures Trading Tournament Season 14 - Thrive in Green, starting from 2025-01-12 17:00 (UTC), with an impressive total prize value of over 250,000,000 VNST.

The tournament promises to be an engaging and dynamic platform where the Nami community can kick off an exciting new year, immerse themselves in a vibrant trading atmosphere, and conquer remarkable milestones throughout this NAO Futures season!


Tournament Rules


Ranking method:

  • For Individuals: Ranked by actual profit of NAO Futures trading
  • For Teams: Ranked by trading volume of NAO Futures trading
  • Special prize: Ranked by trading volume of NAO Futures trading

Note: Users can register for all three categories: Individual competition, Team competition, and Special Prize competition.


Timeline:

  • Team Registration Period: In 4 days, from 2025-01-08 17:00 (UTC) to 2025-01-12 17:00 (UTC).
  • Tournament Period: In 28 days, from 2025-01-12 17:00 (UTC), to 2025-02-09 17:00 (UTC).

Participant: All Nami Exchange users who have completed KYC verification.


Details of Prize Categories

The Mint Runner will be ranked and announced weekly; the Mint Squad will have two ranking and announcement periods; and the Green Grove will be awarded to the trader with the highest trading volume each week. Specifically:


Mint Runner - Individual Prize

A total prize value of 7,500,000 VNST and 4,412 NAO will be awarded weekly to the Top 10 users with the highest trading profits, distributed as follows:

RankNumber of WinnersVNST RewardNAO RewardPercentage of Total Prize
First12,625,0001,54435.00%
Second11,500,00088220.00%
Third1750,00044110.00%
Consolation7375,0002215.00%
Total107,500,004,412100.00%

Ranking Conditions:

  • Must have at least 5 valid trading positions with a minimum volume of 1,000,000 VNST or 40 USDT per position.
  • Minimum trading profit of 2,000,000 VNST.
  • Total position holding time must exceed 50 hours (The system will display this data for each user on the tournament information interface).

Mint Squad - Team Prize


Phase 1:

Achievement Period: From 2025-01-12 17:00 (UTC) to 2025-01-22 17:00 (UTC).

A total prize pool of 25,000,000 VNST and 14,706 NAO will be awarded to the Top 10 teams with the highest trading volume in Phase 1, distributed as follows:

RankNumber of WinnersVNST RewardNAO RewardPercentage of Total Prize
First18,750,0005,14735.00%
Second15,000,0002,94120.00%
Third12,500,0001,47110.00%
Consolation71,250,0007355.00%
Total1025,000,00014,706100.00%

Ranking Conditions:

  • Each team member must have at least 10 valid trading positions with a minimum trading volume of 1,000,000 VNST or 40 USDT per position.
  • All team members must collectively achieve a total trading volume exceeding 1,000,000,000 VNST.
  • Each member must maintain a total position holding time of at least 100 hours.
  • First, Second, and Third place Teams: Must achieve a minimum total team trading volume of 50,000,000,000 VNST.

Final Phase:

Achievement Period: From 2025-01-12 17:00 (UTC) to 2025-02-09 17:00 (UTC).

A total prize pool of 50,000,000 VNST and 29,412 NAO will be awarded to the Top 10 teams with the highest trading volume throughout the entire season, distributed as follows:

RankVNST RewardNAO RewardPercentage of Total Prize
First117,500,00010,29435.00%
Second110,000,0005,88220.00%
Third15,000,0002,94110.00%
Consolation72,500,0001,4715.00%
Total1050,000,00029,412100.00%

Ranking Conditions:

  • Each team member must have at least 20 valid trading positions with a minimum trading volume of 1,000,000 VNST or 40 USDT per position.
  • All team members must collectively achieve a total trading volume exceeding 3,000,000,000 VNST.
  • Each member must maintain a total position holding time of at least 200 hours.

First, Second, and Third place teams: Must achieve a minimum total team trading volume of 100,000,000,000 VNST.


Green Grove - Special Prize 

During the tournament, one user with the highest trading volume each week will receive a special reward of 5,000 NAO.


Ranking Conditions:

  • Top 1 weekly trading volume.
  • Minimum trading volume of 10,000,000,000 VNST.
  • To qualify for the Special Prize, users must meet the following conditions: Maintain a total position holding time of at least 50 hours, and have at least 10 valid trading positions with a minimum volume of 1,000,000 VNST or 40 USDT per position.

How to Register for Participation

  • Individual Users: No registration is required for individual participation. The system will automatically rank users who meet the eligibility criteria.
  • Team Leaders: Must create a team and invite 3 other members to join. The team's performance will only be counted when all members confirm their participation.
  • Once team performance is recorded (i.e., all members have confirmed their participation), the team composition CANNOT BE CHANGED. The system will automatically rank qualifying teams.

Performance Calculation Method

  • Total position holding time: The cumulative time all active positions are held, calculated from the moment a position is opened until it is closed. For example: If 10 positions are opened and closed within 1 hour, the total holding time will be recorded as 10 hours.
  • Trading Volume: The total volume of all closed positions during the tournament period.
  • Trading Profit: The net profit from all closed positions, after deducting all relevant trading fees.

How to create a team to join the tournament:

  1. Create and Send Team Invitations (for Captain):
  • Click "Create Team" in the Personal Information section at the Tournament interface
  • Enter NamiID/Email of members and send invites.

Illustration on the Nami Exchange application


Illustration on the Nami Exchange website


  1. Accept invitations to join the Team (for Team Member):

Access the list of invitations to join the team in the Personal Information section at the Tournament interface, select preferred invitation, check team members and confirm.


Illustration on the Nami Exchange application


Illustration on the Nami Exchange website


  1. Adjusting team members (for Captains)

Before the tournament begins, Captains can team members if any member declines or has not yet confirmed their participation in the team in the Team Information section under Personal Information:

Illustration on the Nami Exchange application


Illustration on the Nami Exchange website


Important Notes:

  • Only NAO Futures positions opened and closed during the tournament period with a minimum trading volume of 1,000,000 VNST will be counted toward tournament performance.
  • All team functions are available since the team registration portal open time announced above.
  • Each user can only win one Individual prize (First, Second, or Third place) once throughout the tournament. For example, if a user wins the First place in the first week, they will no longer be eligible for First, Second, or Third place prizes in subsequent weeks.
  • Team prizes will be equally divided among all 4 team members.
  • Any form of fraudulent activity or fake trading volume manipulation is strictly prohibited and will result in disqualification from the tournament.
  • The organizers reserve the right to change the program mechanics or terminate the tournament early without prior notice.
  • All digital asset rewards will be directly transferred to the winners' NAO Futures wallets within 5 business days after the rankings are announced.

Nami wishes you a joyful and fulfilling Lunar New Year holiday. Join the Thrive in Green tournament with enthusiasm and integrity to kick off an exciting and prosperous new year!

Best regards,


More information:


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

Risk Warning: Tokenized asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.

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 more than 700 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.


Download Nami Exchange at: iOS , Android

Website: https://nami.exchange

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