Dyson Finance Pre-Launch Trading Competition: $10,000 Prize Pool & Mainnet NFTs To Win! (Everything you need to know)
Welcome to the Dyson Finance Pre-Launch Trading Competition! The Alpha Testnet version of Dyson Finance was a tremendous success, with thousands and thousands of participants exploring the world of dual investment!
Now, prepare yourself for an exciting event where you can demonstrate your trading and referral skills while earning rewards in the form of $DYSN airdrops and Mainnet Membership NFTs.
What is the Dyson Finance Pre-Launch Trading Competition?
To celebrate the beta testnet launch of Dyson Finance, we are organizing a major trading competition. In this exceptional event, participants will trade with testnet tokens from our faucet and aim to either:
- have the highest USD value in their crypto holdings (“Trading King” 📈)
- or invite the most active members (“Referral King” 🤝)
to win prizes worth $10,000 USD in $DYSN tokens and gain access to the super rare Mainnet Tier1 Membership NFTs! It’s a unique opportunity to experience Dyson Finance and earn fantastic rewards.
No worries; even if you do not emerge as the ultimate winner, active participants on the testnet will still have an increased chance of receiving mainnet $DYSN airdrops and other potential rewards. Dyson Finance highly values and rewards proactive and loyal users.
Are you eager to participate? Let’s delve into the details.
How to Become the Trading King
The rule is simple: The 25 participants with the highest amount of capital at the end of the competition win! The final rankings will be determined based on the total value of their capital, with higher values leading to higher rankings.
For that, make sure to use dual investment pools, swapping, and yield boosting the best way you can during that period!
Note that the final settlement will only consider the USD value of the tokens ($DYSN, $WBTC and $USDC) and will not take Points into account. Therefore, participants must convert their earned Points into $DYSN before the competition ends to make it count.
* Point is a special feature of Dyson Finance. Member users earn Points instantly each time they engage in dual investment, and Points can be swapped for $DYSN.
How to Become the Referral King
Participants with the highest amount of referral Points* at the end of the competition win. The more Points they receive from referred members, the higher their ranking will be.
* After registering in the Membership Program, Dyson members are allowed to invite friends to join the referral system through invite codes. Whenever the referred members swap Points, the referrers will receive referral Points as additional rewards.
If you still don’t have an invite code to register as a member, please visit the invite-codes channel in Dyson Discord.
Note: Your inviter needs to be registered for at least four hours for the invite code you receive to be valid.
For more information on how the Membership Program works and the Point mechanism, please refer to this article.
Having a high-tier membership will give you a significant headstart in the Referral category. You will be able to enjoy the Points contributed by other members in your network during the competition and even attract many “whale referees” to compete for your membership position! If you possess exceptional sales skills and find the right connections, obtaining substantial passive income is no longer just a dream!
Prior to the competition, the top 400 active Dyson Finance users on Galxe were awarded Beta Tier 1 Membership NFTs. They will serve as experienced mentors in the community. When you come across them, it is encouraged to greet them, acknowledge their contributions, and be invited by them to participate.
Stay connected with Dyson Finance for future updates. Just like the Tier 1 Membership NFTs of the Pre-Launch Trading Competition, more rewards will be introduced to our active and contributing community.
What do the 50 best participants win?
The rewards for the Trading King and Referral King are the same for their respective rankings, as shown in the table below. In addition to the token prize, the winners ranked first in each category will also receive a Mainnet Tier 1 Membership NFT as a reward once the mainnet is launched!
Yes, you heard it well, a Tier 1 NFT, just for you! Dyson Finance appreciates and acknowledges the participation of active and early users. The higher-tier memberships offer valuable benefits that you may find intriguing. We understand that you may be looking forward to these rewards and the upcoming Dyson Pre-Launch Trading Competition. Feel free to engage in the competition and pursue the rewards with dedication.
Competition Details
Dates
- Start Date- 8/14 2023 at 10:00 UTC
- End Date- 8/28 2023 at 09:59 UTC
Trading Pairs
- WBTC-USDC
- DYSN-USDC
How To Register
To participate in the Dyson Testnet competition successfully, you need to acquire Gas Fee for the Sepolia and Dyson Test Tokens.
- 1- Sepolia Gas Fee:
Register and log in to the Sepolia website, fill in your address, and you’ll receive Sepolia ETH.
- 2- Dyson Finance Testnet Tokens:
To prevent bots and ensure fair participation for contestants. Before receiving the competition test tokens, participants must complete some easy social tasks to obtain the Dyson Finance Pass OAT which grants access to the whitelist for receiving the competition test tokens. Once you have acquired the Dyson Finance Pass OAT, our team will proceed to add your address to the whitelist. After being whitelisted, you can click the button depicted in the image below to redeem your Dyson Test Tokens. Nevertheless, please be aware that the process of whitelisting your address may take several hours. Kindly exercise patience during this period.
After obtaining Sepolia ETH and successfully claiming Dyson Test Tokens, congratulations! You have successfully registered for the Dyson Pre-Launch Trading Competition. Take this time to strategize and aim for lucrative rewards!
Terms & Conditions
Dyson Finance offers a plethora of gameplay options, allowing participants to go all-out and increase their holdings of $DYSN, WBTC, and USDC. Whether it’s via Dual Investment deposits, trading on the DEX platform, or utilizing Staking and Boosting*, participants have various methods to consider and apply.
* Users can stake $DYSN to earn $sDYSN and use Boosting to vote their $sDYSN into pools.
However, there are a few points that participants need to pay special attention to:
- Dual Investments that are not due at the end of the competition will be calculated at a discounted rate, with the discount increasing the further the position is from its due date.
- Participants receive Points when they invest in Dual Investments, and Points can be exchanged for $DYSN in the Claim section. However, Point itself does not hold intrinsic value and will not be included in the participant’s capital during settlement. Participants must remember to convert their accumulated Points into $DYSN before the competition deadline.
- In case a referral happens, only Points coming from referred members that also own the Dyson Finance Pass will be counted. Duplicating accounts to create fake referrals will disqualify you from the competition.
- Positions that are not redeemed by the competition deadline will be settled by the system based on the snapshot’s token price.
- If you stake $DYSN to earn $sDYSN, the system will not calculate the value of $sDYSN but will calculate the original $DYSN. This applies even if the staking period exceeds the competition deadline.
- Participants can check their current rankings, accumulated Points, and accumulated capital on the leaderboard. The leaderboard updates every half hour and calculates based on the snapshot’s market prices of WBTC, USDC, and $DYSN. If participants have active Dual Investments during the snapshot, they will be calculated at a discounted rate.
- Dyson Finance reserves the right to make any final and binding amendments to the rules.
- Distribution of token rewards and Membership NFTs will occur after the launch of the mainnet.
- Users suspected of abusing the rules and/or cheating, with actions including but not limited to farming with bots and connecting dummy accounts, will not be qualified for the final ranking.
- Participants must obtain the designated Dyson Pass OAT to be eligible to claim test tokens.
- Participants are strictly prohibited from transferring test tokens.
That concludes the introduction to the Dyson Pre-Launch Trading Competition. Don’t delay, join us on the Dyson Testnet and get ready to participate in this exciting event!
About Dyson Finance
Dyson Finance aims to redefine the DeFi landscape by offering a more inclusive, profitable experience for retail investors. By combining the strengths of dynamic AMM, dual investment, and an exclusive Membership Program, Dyson Finance is well-positioned to onboard more users as liquidity providers and advance the DeFi ecosystem.
Stay Tuned
Follow our social media channels to stay updated on upcoming testnet events and community incentive programs.
