Dear Nami Community,
To create an exciting and healthy playground for the community, while offering opportunities for experts to share quality investment strategies and for copy traders to explore diverse, high-performance investment options, Nami Exchange announces the launch of the copy trading tournament named Rising Orion. The tournament will take place from 2024-12-01 17:00 (UTC) with a total prize value of over 50,000,000 VNST.
Program rules
Competition time: from 2024-12-01 17:00 to 2024-12-15 17:00 (UTC)
Participant: All users in Nami Exchange who have completed KYC.
Participation method
During the game, the system will automatically record and calculate achievements for the copy trade orders of masters and copiers.
Ranking method
- Star of influence: Ranking by AUM* of master.
- Star of profit: Ranking by copier profit** from master
- Power copier: Ranking by total Realized PnL*** of copier.
*AUM - Assets Under Management: Total margin from closed positions of masters and copiers during the tournament period.
**Copier Profit: Total profit of all orders copied from masters (minus fees), including orders from users stopped copying.
***Realized PnL: Total profit of closed positions of Copiers (not minus shared profit).
Note: Masters can receive both Star of influence and Star of profit prizes.
Prize structure
Star of influence
A total prize of 7,500,000 VNST and 4,412 NAO will be awarded to 5 masters with the highest AUM during the tournament with the detailed prize structure as follows:
| Rank | Number of prizes | Percentage in Total | Reward in VNST | Reward in NAO |
| First | 1 | 45.00% | 3,375,000 | 1,985 | Second | 1 | 30.00% | 2,250,000 | 1,324 |
| Third | 1 | 15.00% | 1,125,000 | 662 |
| Consolation | 2 | 5.00% | 375,000 | 221 |
| Total | 5 | 100.00% | 7,500,000 | 4,412 |
Star of profit
A total prize pool of 7,500,000 VNST and 4,412 NAO will be awarded to the 5 masters with the highest copier profit during the tournament period with the detailed prize structure as follows:
| Rank | Number of prizes | Percentage in Total | Reward in VNST | Reward in NAO |
| First | 1 | 45.00% | 3,375,000 | 1,985 | Second | 1 | 30.00% | 2,250,000 | 1,324 |
| Third | 1 | 15.00% | 1,125,000 | 662 |
| Consolation | 2 | 5.00% | 375,000 | 221 |
| Total | 5 | 100.00% | 7,500,000 | 4,412 |
Power copier
A total prize pool of 10,000,000 VNST and 5,882 NAO will be awarded to the 10 copiers with the highest Realized PnL during the tournament period with the detailed prize structure as follows:
| Rank | Number of prizes | Percentage in Total | Reward in VNST | Reward in NAO |
| First | 1 | 35.00% | 3,500,000 | 2,059 |
| Second | 1 | 20.00% | 2,000,000 | 1,176 |
| Third | 1 | 10.00% | 1,000,000 | 588 |
| Consolation | 7 | 5.00% | 500,000 | 294 |
| Total | 10 | 100.00% | 10,000,000 | 5,882 |
Ranking and Award Conditions
Star of influence
- Masters must have a minimum AUM of 50,000,000 VNST during the tournament period to be eligible for ranking.
- For First - Second - Third prizes, masters must reach a minimum AUM of 100,000,000 VNST.
- Have at least 5 copiers with at least 1 close copy trader order during the tournament period.
Star of profit
- Masters must have a minimum copier profit of 2,000,000 VNST during the tournament to be eligible for ranking.
- For the First, Second and Third prizes, masters must have a minimum copier profit of 5,000,000 VNST
- Have at least 5 copiers with at least 1 close copy trader order during the tournament period.
Power copier
- Copiers with a total Realized PnL from copy trading reaching at least 1,000,000 VNST are eligible for ranking.
- For the First, Second and Third prizes, copiers need to reach a total Realized PnL from copy trading at least 3,000,000 VNST.
Note
- For the Star of profit: copier profit is the total profit of all opened and closed copied positions from the Master during the tournament period, including orders from users who canceled the copy from master.
- In case of masters having the same AUM or Copiers’ Profit, the master who has more copiers will be ranked higher.
- In case of equal total Realized PnL, the copier with the higher total trading volume from copy trade will be ranked higher.
- Achievement announcement: The achievements of Masters and Copiers will be updated at 07:30 every Monday and Thursday (UTC), on Nami's community official channels.
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: Digital 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 nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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