ChainX Anniversary DEX Trading Contest

ChainX
3 min readMay 14, 2020

--

In the early summer, ChainX also ushered in its first birthday. In the past year, the ChainX mainnet has been operating steadily for a whole year, and it is also the longest and stable project of the mainnet in the current Polkadot ecosystem. After the Bitcoin being halved, the main network of Polkadot will be launched soon. As the first Chain of Polkadot ecosysterm, and the world’s largest Bitcoin Layer-2 network, the ChainX Parliament decided to spend the Parliamentary Fund to launch ChainX’s own DEX ranking contest . More people will experience DEX applications based on Polkadot Substrate technology.

1. Time

May 14,18: 00 — May 21,18:00 2020

Block hight (15116797–15419197)

2. Rules

1) PCX / X-BTC trading standards match, share 2000 PCX

During the event, the top 100 users who participate in PCX / X-BTC transactions on the ChainX DEX platform and the transaction volume is> = 500 PCX can share 2000 PCX

2) DEX net buying ranking contest

During the event, anyone who participates in PCX / X-BTC transactions on the ChainX DEX platform and the net purchase volume of PCX > = 5000PCX is an effective user. We rank according to the user’s net purchase volume, and the transaction volume ranks in the top 10 at the end of the event of effective users are rewarded.

* Reward distribution:

One first prize: 10% reward of net purchases volume

Two second prizes: 5% reward of net purchase volume

Three third prizes: 3% reward of net purchases volume

Four fourth prize winners: 1% reward of net purchases volume

3. Participation steps

1)Download wallet: (New user)

https://github.com/chainx-org/chainx-wallet/releases

  • Or use the web version of DEX

https://dapps.chainx.org/

2) Register an account: (new user)

https://mp.weixin.qq.com/s/T19qavqHaTV0ufUyBMYNsg

3) Deposit X- BTC

https://chainx.org/help?title=%E5%A6%82%E4%BD%95%E8%B7%A8%E9%93%BE%E5%85%85%E5%80%BCBTC

4) Seal the deal

4. Event Description:

1)Net buying = buying-selling-withdrawing; trading volume = buying + selling.

2)If there is any malicious brushing and cheating, ChainX Council has the right to disqualify users from winning.

3) During the event, if the net purchases are the same, the block packing time corresponding to the last transaction shall prevail. If the block packing time corresponding to the last transaction is the same, the order of transactions within the block shall prevail. (Showing the order from top to bottom)

4) The recharge of all the above tasks must be recharged for the block transfer.

5) All the above rewards will be distributed to your account within 7 working days after the event ends.

6)The final interpretation of this event belongs to ChainX Council.

【Risk Warning】

Investors are advised to purchase carefully and pay attention to investment risks. ChainX Council does not assume responsibility for guarantees or compensation for projects or investment activities.

About ChainX

--

--

ChainX

ChainX is a BTC Layer 2 solution compatible with EVM that utilizes Bitcoin as a gas fee, serving as the predecessor network of BEVM.