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The Ranking of Nami Championship - NAO Futures Season 12: Week 1
23/01/2024

Dear Nami community,

To celebrate the coming of Lunar new year, and to continue creating a competitive and attractive playground for the community, Nami Exchange would like to announce the launch of the Nami Championship - NAO Futures Season 12 - New Year Tournament from 2024-01-14 17:00 (UTC) with a total prize value of over 2,000,000,000 VNST (~85,000 USDT).

On 2024-01-21 17:00 (UTC), the first week of the tournament finished with the Top 10 outstanding individual traders with the highest trading volume in week 1


The weekly prizes will be directly transferred to the NAO Futures Wallet of users within 24 hours since the ranking announcement.


In addition, Nami would like to congratulate the outstanding individuals who received the SB Dragon Fish award from the Season of Hopes collection, as well as the traders who won the highest trading profit percentage award of the week 1.

Conditions for ranking to individuals prizes

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)

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.

Important Notices

  • For SB Yellow Dragon Fish and Green Dragon Fish with the NAO Futures trading fee rebate feature, users will receive a rebate based on the total trading fees with multiple asset types converted to VNST with the maximum value of 100,000 VNST. Trading fees are aggregated daily (from 17:00 the day before to 17:00 the next day) and the rebate is paid out 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.
  • Since 2024-01-21 17:00 (UTC), 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 closest to the closing time, until the position is partially or completely closed
  • 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.

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 over 1000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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Website: https://nami.exchange/

Download Nami Exchange app here.

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