LuaSwap’s Limit Order Trading Event
To celebrate the launch of new Limit Order feature on TomoChain platform, LuaSwap announced new event for all users who experience that function on LuaSwap with a total prize pool of 60,000 LUA.
- Competition period: 2021/06/22 10:00 AM (UTC) to 2021/06/28 10:00 AM (UTC)
- Approved trading pairs: TOMO-USDT, LUA-USDT, TOMO-LUA, TOMO-ETH, TOMO-SRM, WBTC-TOMO and TOMO-FTT on the TomoChain version.
All users who successfully trade a limit order across all the approved trading pairs will share a pool of 60,000 LUA. A successful trade means a limit order must be created and filled during the promotion period.
Promotion A: Place a limit order and share 40,000 LUA
40,000 LUA will be split equally among users who successfully trade at least 1 limit order during the campaign period. To be eligible, participants MUST trade at least 50 USD value across the approved trading pairs during the competition period.
Promotion B: Top trader — 20,000 LUA to win
An additional 20,000LUA will be split among the top 3 users based on their limit order trading volume (in USD).
- Top 1: 10,000 LUA
- Top 2: 6,000 LUA
- Top 3: 4,000 LUA
To be eligible, participants MUST trade at least 2,000 USD value across the approved trading pairs during the competition period.
What is LuaSwap?
LuaSwap is a multi-chain liquidity protocol with no seed investment, founder’s fees, or pre-mining. At the core, LuaSwap delivers a community-governed, multichain protocol via the LUA token. LUA’s token economics is re-designed with a vesting schedule to not only reward early adopters but also incentivize them to stay and participate in governance for a longer period of time.
LuaSwap now operates independently on both the TomoChain & Ethereum Blockchains, taking advantage of each chain’s capabilities. On the TomoChain blockchain, LuaSwap allows you to purchase tokens nearly instantly, at near-zero gas fees without network congestion.
📰 INFO:
https://medium.com/tomochain/luaswaps-limit-order-trading-event-763e8b05115a
