The Ranking of NAO Futures - Nami Championship Season 11: Week 2
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 2023-12-03 17:00 (UTC), the second week of the tournament finished with the Top 10 outstanding individual traders with the highest trading volume in week 2
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 all the traders who won the highest daily trading profit percentage awards of week 2.
Conditions for ranking to individuals prizes
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.
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.
We wish all users and community an exciting season and successful trading!
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. ___