> For the complete documentation index, see [llms.txt](https://docs.rwa.inc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.rwa.inc/testnet-guide/rwa-exchange-trading-competition-testnet.md).

# RWA Exchange Trading Competition (Testnet)

## **Campaign Overview**

* **Duration:** November 28th, 2024 (14:00 UTC) - December 28th, 2024 (14:00 UTC).
* **Total Prize Pool:** $15,000 in $RWA tokens.
* **Eligibility Rules:**
  1. **No Transfers:** Transferring **RWAT** and **USDR** between wallets during the campaign is strictly prohibited. Violators will be disqualified.
  2. **Minimum Wallet Balance:** Users must hold at least **100 $RWA** on their **mainnet wallet** to qualify for rewards.
  3. **Snapshot Notice:** Users must **withdraw their RWAT and USDR** from the exchange before **Dec 28th, 14:00 UTC**, for the snapshot.
  4. **Bonus Points for Diamond Users:** RWA Launchpad **Diamond users** will receive a **20% bonus** in Group 1.

***

## **Group 1: RWAT + USDR Snapshot Rewards**

* **Prize Pool:** $6,000 in $RWA tokens.
* **Criteria:**
  * A snapshot will be taken at **Dec 28th, 14:00 UTC**.
  * **Points Calculation:**
    * Each **USDR** in the user's wallet = **1 point**.
    * Each **RWAT** in the user's wallet = **1 point**.
  * **Rewards Distribution:**
    * The top **50 users**, ranked by total points, will share $6,000 **proportionally to their points**.
    * **Formula:**\
      User Reward = (User Points / Total Points of Top 50) × 6,000
  * **Example:**
    * Total points of Top 50 users = 12,000.
    * User A with 1,200 points: 1,200 / 12,000 × 6,000 = $600
    * User B with 800 points: 800 / 12,000 × 6,000 = $400

***

## **Group 2: Trading Volume Rewards**

* **Prize Pool:** $6,000 in $RWA tokens.
* **Criteria:**
  * Users will be ranked based on their **trading volume** during the campaign period.
  * **Eligible Volume:** The sum of all executed **buy and sell orders** on the **RWAT/USDR pair** on RWA Exchange.
  * **Rewards Distribution:**
    * The top **50 users**, ranked by trading volume, will share $6,000 **proportionally to their volume**.
    * **Formula:**\
      User Reward = (User Volume / Total Volume of Top 50) × 6,000
  * **Example:**
    * Total volume of Top 50 users = $1,500,000.
    * User X with $75,000 volume: 75,000 / 1,500,000 × 6,000 = $300
    * User Y with $45,000 volume: 45,000 / 1,500,000 × 6,000 = $180

***

## **Group 3: Random User Rewards**

* **Prize Pool:** $3,000 in $RWA tokens.
* **Criteria:**
  * Users must have completed at least **$2,000 in trading volume** during the campaign period.
  * 200 users will be selected **randomly** from those who qualify.
* **Rewards Distribution:**
  * Each of the 200 selected users will receive **$15** in $RWA tokens.

***

## **Final Notes**

1. Rewards will be distributed within **7 days** after the campaign ends.
2. **Disqualification:** Users engaging in suspicious activity, or violating rules (e.g., transferring RWAT/USDR) will be disqualified.


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