Yes, you heard it right, VeUSD trading carnival is coming to VeRocket! With the support and official sponsorship of VeChain Foundation, we kick off this exciting trading carnival about VeUSD.
In this period, we will testflight our backend system built in last month and sponsor user’s transactions, the first batch of allowance is 100,000 VTHO, let’s see how soon it gets depleted. :)
Special rewards are set up for patient long-time builders of the vechain community (X-node holders) and long-time supporters of VeRocket（Silver NFT holders). The details of the event are as follows:
Time and Participants
Everyone. April 18th 12:00 UTC - May 2nd 12:00 UTC.
Games and Rules
Game A: Best Traders
In Game A, participants will be ranked by their trading volume with both buys and sells. Top 50 traders with the best trading volume for trading VeUSD will be rewarded as:
- #1: $800 worth of VeUSD
- #2: $600 worth of VeUSD
- #3: $500 worth of VeUSD
- #4: $400 worth of VeUSD
- #5: $300 worth of VeUSD
- #6-#10: $150 worth of VeUSD
- #11-#20: $100 worth of VeUSD
- #21-#30: $50 worth of VeUSD
- #31-#40: $30 worth of VeUSD
- #41-#50: $20 worth of VeUSD
Game B: Stake to Win
During event, users who stake in VeUSD (eg. providing assets to the VET/VEUSD pool) are eligible to participate in the activity.
The periods of 14 days will be divided into 8 sections. Each one includes 15,120 blocks. Incentives will decrease 20% every 15,120 blocks. Deposit your VeUSD now to win the earn!
Game C: VeRocket Rocks! Silver NFT Holders
We'll give a separate prize for traders with MoonLander Silver NFT. There will be 2 options to win the prize:
- Top 3 traders in Game A with Silver NFT status, will get extra +30%.
- Top 4-30 traders in Game A with Silver NFT status, will get an extra $10 each.
*Silver NFT shouldn’t be transferred during the event, or the status will not be considered valid.
Game D: X-Node Specials
If one wins Game A and holds X-Node status, will get a extra reward bonus of +50% up!
* If one also wins Game C, Game D (+50%) is rewarded instead of Game C.
* X-Node status shouldn’t be transferred during the event, or the status will not be considered valid.
Testflight of VTHO Sponsorship
Surprise! VeRocket will sponsor 100,000 VTHO for trades during the event. It comes at a first-come, first-serve manner. Each swap will enjoy a 2 VTHO compensation.
The transactions need to be paid by users first and sponsored VTHO will be distributed for compensation on a daily/weekly basis. Tweets will be sent out once we have made the distribution.
When we are sure the system is secure, automatic VTHO sponsorship (VIP-191) will roll out firstly on Silver NFT holders, then on normal users.
Go Now Tigers!
Rewards will be distributed based on true results and should be done within a month after the event.
We sincerely hope that everyone enjoys trading on DEX and even more enjoys the fast and convenient swapping experience that VeRocket provides. It’s the first stop of DeFi, but not the end!