Nekodex Trading Competition

Update July 9: See new Epoch 5 rules below!

Announcing Nekodex Trading Competition 🎉🐈

This is for all Nekodex users. We are offering a prize pools of Nekocoin $(=ↀωↀ=) over several for epochs (1 epoch = 2 weeks). There will be 5 epochs in total and every positive trader will be a winner so join now!

Do your best to trade and earn more Nekocoin $(=ↀωↀ=). In the future you'll be able to exchange your $(=ↀωↀ=) for real rewards.

• Competition period: 10 weeks

• Competition stages: 4-5 epochs (1 epoch = 2 weeks)

Epoch 1-2 rules

(Rules may be updated for future epochs–stay tuned!)

Each competition epoch is 2 weeks. There are 2 prize pools for each epoch: big cat and cute cat (prize is the same - cute cat pool rewards smaller size trades).

All traders are automatically entered in both pools. No need to sign up. Just trade! 🐈🚀

• Epoch 1 Big Cat prize pool: 500k $(=ↀωↀ=)

• Epoch 1 Cute Cat prize pool: 500k $(=ↀωↀ=)

• Epoch 2 Big Cat prize pool: 1M $(=ↀωↀ=)

• Epoch 2 Cute Cat prize pool: 1M $(=ↀωↀ=)

Big Cat Pool - How to win

Earn the highest P&L. Your reward will be based on your share of the total P&L of all traders. 

P&L = Net worth at epoch end - (Net worth at epoch start + Extra tokens from quests)

• Includes realized & unrealized P&L

• P&L share example: If all traders’ P&L (for P&L > 0) adds up to 1000 and your P&L is 10, you will earn 10/1000 (1%) of the epoch prize pool.

Cute Cat Pool - How to win

Earn the highest ROI you can. Your reward will be based on your share of the total ROI of all traders.

ROI = account profit / account value
Account profit = Final net worth - (initial net worth + additional token claims)
Account value = Initial net worth + additional token claims

• ⭐ Trade at least 10 times. Accounts with <10 trades will not be eligible.

• ROI share example: If all traders’ ROI (for ROI > 0) adds up to 1000 and your ROI is 10, you will earn 10/1000 (1%) of the epoch prize pool.

Epoch 3 rules

Note: Starting in Epoch 3, all pools will have a 10% cap on prize pool share. Shares of P&L or ROI above 10% will be corrected to 10%.

Formula:

user reward = reward_pool * share 
share  = sqrt(user_pnl) / sum(  sqrt(user1_pnl) +  sqrt(user2_pnl) +  sqrt(user3_pnl) .... +  sqrt(usern_pnl) )

Negative P&L Pool

12M $(=ↀωↀ=)

📉 Do your friends call you Captain Yolo? Favorite TV show was The Biggest Loser? Then this is your chance to cash in on your losing streak!

Traders with negative P&L will share this prize pool according to your share of total negative P&L of all traders.

ROI Pool

3M $(=ↀωↀ=)

Earn the highest ROI you can. Rules are the same as Epochs 1-2 with the exception of the 10% cap.

Epoch 4 rules

Note: All pools will have a 10% cap on prize pool share. Shares of P&L or ROI above 10% will be corrected to 10%.

Formula:

user reward = reward_pool * share 
share  = sqrt(user_pnl) / sum(  sqrt(user1_pnl) +  sqrt(user2_pnl) +  sqrt(user3_pnl) .... +  sqrt(usern_pnl) )

P&L Pool

7.5M $(=ↀωↀ=)

Earn the highest P&L. Your reward will be based on your share of the total P&L of all traders. There will be a 10% cap on prize pool share. Shares above 10% will be corrected to 10%.

ROI Pool

7.5M $(=ↀωↀ=)

Earn the highest ROI you can. Your reward will be based on your share of the total ROI of all traders. There will be a 10% cap on prize pool share. Shares above 10% will be corrected to 10%.

Epoch 5 rules

Note: All pools will have a 10% cap on prize pool share. Shares of P&L or ROI above 10% will be corrected to 10%.

Rules are the same as Epoch 4, with the following changes:

P&L Pool Prizes: 10M $(=ↀωↀ=)
ROI Pool Prizes: 10M $(=ↀωↀ=)

Epochs

All prizes are added to your account $(=ↀωↀ=) balance. Rewards will be distributed within 7 working days after each epoch ends. Hodl it or use it to trade in future epochs!

• Epoch 1: 2024/5/14 0:00:00 UTC+0 ~ 2024/5/28 0:00:00 UTC+0

• Epoch 2: 2024/5/28 0:00:00 UTC+0 ~ 2024/6/11 0:00:00 UTC+0

• Epoch 3: 2024/6/11 0:00:00 UTC+0 ~ 2024/6/25 0:00:00 UTC+0

• Epoch 4: 2024/6/25 0:00:00 UTC+0 ~ 2024/7/9 0:00:00 UTC+0

• Epoch 5: 2024/7/09 0:00:00 UTC+0 ~ 2024/7/23 0:00:00 UTC+0

Special prizes

Quests to earn special prizes will be announced at various times so make sure you are in our Discord and/or following us on X (@Nekodex_app).

Claim stage

The $(=ↀωↀ=) you collect during the Nekodex campaign will be your ticket to rewards in the end 😻 Get cozy!

Let's go!

Join at https://app.nekodex.org/

Note: If you don't have an invite, please join the waitlist.