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On this page
  • Campaign Overview
  • Group 1: RWAT + USDR Snapshot Rewards
  • Group 2: Trading Volume Rewards
  • Group 3: Random User Rewards
  • Final Notes

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  1. TestNet Guide

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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