SakePerp Testnet Trading Competition, $10K to Be Won!

SakePerp | SakeSwap
2 min readApr 2, 2021

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SakePerp is holding an exciting Testnet Trading Competition with a total prize pool of 10,000 BUSD.

SakeSwap launches SakePerp that is the first decentralized perpetual contact protocol on Binance Smart Chain for all-asset leverage trading powered by the vAMM+Oracle pricing algorithm. vAMM + Oracle is designed for price discovery. Users can trade cryptocurrency, foreign exchange, gold, crude oil, stocks, indexes, and other assets. SakePerp brings real-world assets into DeFi in an innovative way.

Now SakePerp is live on BSC testnet! Start trading now!

http://perp-bsc-testnet.SakeSwap.org

BUSD Prize Pool

Everyone in the top 100 will win $BUSD!

Competition period

April 5, 12 pm UTC to April 12, 12 pm UTC

How to join?

Visit http://perp-bsc-testnet.SakeSwap.org/liquidity and connect your wallet (Highly recommended to create a new address for the competition to make sure there is no test BUSD balance and no record on the SakePerp BSC testnet before the competition).

Each participant can request 20,000 test BUSD token to start the competition.

Extra test BUSD for Twitter followers

  1. Follow @SakeSwap on Twitter
  2. Retweet the SakePerp Testnet Trading Competition tweet
  3. Copy your Twitter handle, and paste it into the input field on SakePerp (“Need tokens?” button)
  4. Submit to get extra 10,000 test BUSD

REMINDER: The trading competition is on BSC testnet. The test BUSD is only for SakePerp testing purpose, and is never supposed to have any value..

MetaMask Setup on BSC testnet: https://sakeswap.gitbook.io/sakeswap-finance/bsc/bsc-wallet-setup-metamask/setup-on-testnet

To increase the Gas Price (GWEI) from 10 to 20 to avoid network error.

How to win?

The top 100 traders ranked by PnL during the competition period will win prizes.

Rules

  • The BSC wallet address should be new on SakePerp. No BUSD balance and no position history on SakePerp before the trade competition.
  • Each BSC address can only request the 20,000 testnet BUSD for the Trading Competition once.
  • Each Twitter account each BSC address can only join the Twitter campaign for the extra 10,000 testnet BUSD once.
  • No extra testnet BUSD from third-party.
  • US and UK citizens and traders located in those jurisdictions are not eligible for the competition.
  • The Sake team reserves the right to disqualify participants that are deemed to be cheating, wash trades, or self-dealing, etc.

Join the competition now!

More about SAKE

SakeSwap website: https://sakeswap.finance/

SakeSwap BSC Farming: https://bsc.sakeswap.finance/#/farm-v2

SakePerp BSC Testnet: http://perp-bsc-testnet.SakeSwap.org/liquidity

Telegram: https://t.me/SakeSwap_Official

Wechat: SakeSwap

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