![](https://cdn.prod.website-files.com/62fce47e1be8652e155ff74a/655ed8a71018f7cc6731dd4f_Testnet-trading.png)
The Econia Labs Testnet Trading Competition is now live! Come trade on Econia, the on-chain order book on Aptos via Econia’s frontend partners — Aries Markets, Kana Labs, and SwapGPT.
Test your skills, win prizes, and remember — The more you trade, the more likely you will win.
TLDR: Testnet Competition Overview
Duration
October 25, 2023 00:00 UTC — November 1, 2023 00:00 UTC
Prizes
Total USDC Rewarded: $5,000 USDC
- 🥇 First Place: $2,500
- 🥈 Second Place: $1,500
- 🥉 Third Place: $500
- 🐛 Bug Bounty Raffle: $500
💎 Exclusive NFT Rewards 💎
Each day of the 7-day Testnet Competition, an Aptos Ecosystem NFT will be raffled to an active trader; inactive participants are not eligible for the NFT raffle.
How To Win
Winners will be determined by their final point standings. Boost your points by trading on multiple platforms — the more you trade, the higher your chance to win!
Key Rules
- 🫂 Utilize Partner Frontends: To score points in the competition, participants must use at least one of the featured partners. Using more partners boosts your points!
- 📝 Submit Feedback Form: To qualify for USDC rewards, you must submit a feedback form.
Note: If you report bugs, you’ll automatically be entered into the bug bounty raffle via the Aptos address you provide in the form.
Links
- Step-by-Step Guide: View Here
- Leaderboard: View Here
- Feedback Form: View Here
- 단계별 가이드: 여기서 보기
- 分步指南和规则: 在这里查看
How The Point System Works
The point system, featured in the leaderboard, is defined as such:
Trade more volume on more frontends to gain more points and win.
Frontend Multiplier
Multiplier for every frontend used: Someone who uses two frontends gets twice as many points as someone who only uses one frontend, all else being equal.
Example:
- 1 Frontend = 1x
- 2 Frontends = 2x
- 3 Frontends = 3x
Volume Multiplier
Exponential volume multiplier: 2x points for each 10x in user trading volume accrued during the competition:
Example:
- 10 eUSDC Volume Traded = 2x
- 100 eUSDC Volume Traded = 4x
- 1000 eUSDC Volume Traded = 8x
- 10,000 eUSDC Volume Traded = 16x
- 100,000 eUSDC Volume Traded = 32x
Key Trading Limitations & Considerations
Trading Pair
Participants must use eAPT — eUSDC for the competition.
Throttler
The competition market uses a throttler to help ensure fair trading conditions. Exceeding the set limits will trigger errors.
Trade Limits: 500 eAPT maximum per single trade.
Faucet Minting Limits:
- eAPT: 100 eAPT maximum per mint.
- eUSDC: 600 eUSDC maximum per mint.
Faucet Minting Delay: 10-second wait between faucet mints.
Other Rules
- Reporting Issues: Report competition issues immediately. Exploiting them will result in disqualification.
- Code of Conduct: Participants must engage respectfully with peers, organizers, and the community. Harassment or disruptive behaviors are strictly prohibited.
- Modification of Rules: While unlikely, organizers may adjust rules for competition integrity if required. Participants will be informed of any changes.
- Disqualification Criteria: Apart from the specified rules, participants engaging in activities or behaviors that undermine the essence of fair competition may face disqualification at the organizers’ discretion.
- Final Decision: The decision of the competition organizers regarding any rule violations or disputes is final and binding.
Please note
- Prize money will not be distributed to wallets located in sanctioned countries.
- Employees associated with any protocols involved in the trading competition will not qualify for any of the prizes associated with the Trading Competition.
- Trading history prior to the start of the competition will not be indexed in the competition leaderboard.