The Ranking of NAO Futures - Nami Championship Season 11: Week 4 and Monthly Prizes
19/12/2023

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 launched 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).

On 2023-12-17 17:00 (UTC), the final week of the tournament finished with the Top 10 outstanding individual traders with the highest trading volume in week 4


In addition, Nami would like to congratulate all the traders who won the highest daily trading profit percentage awards of week 4.


Also, the monthly awards of the NAO season 11 tournament have also been summarized. Below is the list of the best Individuals and Community partners of the NAO Futures - Nami Championship season 11 tournament.


Top 10 individual traders with the highest trading volume in the NAO Futures season 11 tournament. Besides, we would like to congratulate two excellent individual traders: gamma.wolf and fan.wolf, for achieving a trading volume of over 500 billion VNST and receiving a very trendy reward: iPhone 15 Pro Max 256Gb with value The equivalent price is 35 million VNST.


Top 08 Community Partners with the highest Trading Volume in the NAO Futures Season 11 tournament


Top 10 Outstanding Community Partners who won Ranking Promotion award in NAO Futures season 11:


Top 6 Community Partners winning Top Referral award in NAO Futures season 11:


Top 6 New Community Partners with Highest Trading Volume in NAO Futures Season 11:


Congratulations to the best traders and Community partners in week 4 and season 11 of the tournament. Wishing you all to maintain your form and be ready for the next NAO Futures - Nami Championship seasons.


Prize Structure


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.

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.
___

Website: https://nami.exchange/

Download Nami Exchange app here.

Nami’s community: