The 2nd Monnos Trading League will be interrupted, the prize has rolled over and accumulated for the next MTL.
The number of participants was less than the minimum to continue, as described in the event rule:
"In case of insufficient number of competitors, which means, at least 15 strategies competing, the rewardings will be accumulated for the next MTL"
Check here the official page of the 2nd MTL
Starts: August 12 00:00 am GMT
End: October 15 11:59 pm GMT (NEW DATE)
Only strategies created from 08/07/2020 until 09/07/2020 will be considered. (NEW DATE)
Total prize: up to USDT 1000
In the 2nd Monnos Trading League, users will compete with their public Sync Strategy wallets on two criteria:
• Number of followers in public strategies;
• Strategy performance (percentage profit).
The competition will be separated for the two criteria, with individual rankings and awards. The top 10 users placed in each of the criteria will be rewarded, with a top prize for the top three. The competition will be focused on traders, therefore, the participant must make at least 5 trades during the competition.
The performances (percentage of profit) and followers of public strategies created from August 7 until September 7 will be considered. Read the terms and conditions to understand all the criteria.
The total prize pool will be up to USDT 1,000.00 (1000 dollars in Tether cryptocurrency).
* Until August 12th, the individual award between the first and last place of each criterion will be announced. As of today, competitors can create their strategies and publicize them.
TERMS AND CONDITIONS
- All entrants must have KYC level 2 to be eligible for the awards.
- Vip Holders will have a 25% bonus in the prize pool. Check out the VIP Holder program here.
- If you don't have a Monnos account, click here to download the app and register.
- Only strategies created from 08/07/2020 until 09/07/2020 will be considered.
- Each participating strategy needs to have a minimum of 5 trades carried out during the event to be eligible for the prizes.
- Each strategy must have at least 2 followers to be qualified.
- Similar strategies of the same user with operations in the same currencies, will be considered only the strategy with more performance.
- A user can have more than one public strategy as long as he operates with different currencies.
- Strategies with negative performance will not be awarded;
- In case of insufficient number of competitors, that is, below 15 competing strategies, the prize will be accumulated for the next MTL.
- If there are participants in the tie situation, the tiebreaker for the performance criterion will be the number of followers and for the followers criterion it will be the performance.
- Monnos reserves the right to disqualify trades that are considered to be money laundering or illegal mass registration accounts, self-dealing or displaying market manipulation attributes, etc.
- The rewards will be distributed within 2 weeks after the competition ends. You will receive an in-app notification when you receive it.
- Monnos reserves the right to cancel or change any activity or activity rules, in our sole discretion.
- Any member of the Monnos team is automatically disqualified.
- Users will have their information disclosed because the strategies are already public within the platform.
Risk warning: Cryptocurrencies are subject to high risk of market volatility. Monnos is not responsible for direct, indirect or consequential losses as a result of the competition. Make your trades carefully.