‌
The Ranking of NAO Futures - Nami Championship Season 10: Week 4 and Monthly Prizes
31/10/2023

Dear Nami Community,

In order to encourage NAO Futures trading and continuously create an attractive playground for users and the community, Nami Exchange announced the start of the NAO Futures – Nami Championship season 10 from 2023-10-01 17:00 (UTC) with a total prize value of over 1,000,000,000 VNST (~$50,000).


On 2023-10-29 17:00 (UTC), the final week of the tournament finished with the Top 20 outstanding individual traders with the highest trading volume in week 4.


In addition, we would like to congratulate the Top 20 traders with the highest trading profit in week 4.


Also, the Monthly Prizes Ranking was summarized, with the Top 20 traders achieving the highest trading volume in October 2023. Here is the list of monthly prizes for the NAO Futures - Nami Championship season 10 tournament.

Top 20 outstanding individual traders with the highest trading volume in season 10:


Top 20 outstanding individual traders with the highest trading profit in season 10:


Top 10 best teams with the highest trading volume in season 10:


Top 5 best teams with the highest trading profit in season 10:


Congratulations to the most excellent traders and teams for their impressive performance in Week 4 and the tournament. We wish you always keep your form and be ready for the next NAO Futures - Nami Championship seasons.



Conditions for ranking

Monthly Awards:

For Individuals:

  • Have more than 20 valid trading positions with a minimum volume of 1,000,000 VNDC, 1,000,000 VNST or 50 USDT each position
  • Total trading volume is more 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)
  • For the Trading Profit Category, users need Profit > 0 to be ranked

For Teams:

  • All members are eligible for the above individual basic requirements
  • 1st - 2nd - 3rd Prizes: Total Team's Trading Volume of the season is at least 40,000,000,000 VNST
  • For the Trading Profit Category, teams need Profit > 0 to be ranked


Weekly Awards for Individuals:

  • Have more than 5 valid trading positions with a minimum volume of 1,000,000 VNDC, 1,000,000 VNST or 50 USDT each position
  • Total trading volume is more 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)

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
  • Trading Profit: Total PNL - Total trading fee in NAO and NAMI - Total liquidation fee + All Fundings of closed positions
  • Team Trading Volume and Team Trading Profit = Total Trading Volume and Trading Profit of all members

(NAO and NAMI will be converted into VNST at a fixed exchange rate as follows: 1 NAO = 1,400 VNST and 1 NAMI = 360 VNST)


Important Notices:

  • Tournament performance 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 (UTC)
  • Team prize will be divided equally among 4 members of Team
  • 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.
  • Trading Volume and Trading Profit are two completely independent categories, users can win independent prizes from these two categories.
  • User and team Profit < 0 will be displayed hidden.

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:

Lasted Articles