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    Omni Showdown — 50,000 USDT and 2,750,000,000 KONG Up For Grabs

    Jul 30, 2024

    4 min read

    ApeX Omni

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    DEX

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    With over 2.3K participants and up to 500M in trading volume, the Omni Showdown is in full swing on ApeX Omni! Our inaugural campaign offers a massive 2,750,000,000 KONG tokens and 50,000 USDT in rewards.

    Here's a quick guide on how to get involved and score high to win big.

    Rewards: Everyone Walks Away With PRIZE

    The total prize pool for the campaign includes 2.75 billion KONG tokens and 50,000 USDT. Here’s how it breaks down:

    1. USDT Rewards:

      • The 50,000 USDT is awarded to the top 50 traders on the leaderboard.

      • The minimum trading volume to qualify for USDT rewards is 10,000.

    2. KONG Tokens Distribution:

      • 5% of the total KONG tokens (137,500,000 tokens) is distributed equally among all registrants.

      • The remaining 95% (2,612,500,000 tokens) is allocated proportionally to qualified participants based on their final scores.

        • Earn your score through deposits, trades, profits, and referral activities.

        • A 'Qualified Participant' refers to a user who completes at least one of the required tasks (deposit, trade, or refer).

    Maximize Your Score and Win Big

    Your final score determines your ranking on the leaderboard and your share of the prize pool. Scores are calculated based on 4 components: deposits, trading volume, P&L percentage, and referrals.

    1. Deposit Score: Calculated by dividing your net deposit amount by 500.

      • Net(Effective) Deposit Amount = Deposit Amount - Withdrawal Amount

      • Deposit Score = Net Deposit Amount/500

      • The maximum achievable Deposit Score is capped at 1,000.

    1. Trading Score: Calculated by dividing your total trading volume during the campaign period by 100,000. The more you trade and the earlier you open your positions, the higher your score. Trading via both Omni Perp and ApeX Grid Bot counts.

      • Week 1 Trading Score = ((Omni Perp trading volume + Omni Grid Bot volume)/100,000)*1.5

      • Week 2 Trading Score = ((Omni Perp trading volume + Omni Grid Bot volume)/100,000)*1.25

      • Week 3 Trading Score = ((Omni Perp trading volume + Omni Grid Bot volume)/100,000)*1

      • No maximum cap for the Trading Score.

    1. P&L(%) Score:

      • Reflects your trading performance in terms of profits made during the campaign period.

      • Calculated by multiplying the P&L(%) percentage by 100.

      • P&L(%) Score = P&L(%) x 100

      • The maximum achievable P&L(%) Score is 500.

    2. Referral Score:

      • Calculated as 10% of the total scores achieved by users you referred to ApeX Omni.

      • Referral Score = Σ (Referred Users Score*0.1)

      • No maximum cap for the Referral Score.

    Kickstart Your Trading Journey

    Before Aug 15, 2024 join the Showdown by signing up, depositing, trading, referring, and making profits to score high and bag a big allocation of rewards.

    Get started now and be a part of the excitement.

    And don't forget — leverage all scoring components to maximize your rewards and climb the leaderboard. Good luck, and happy trading! For all the details about the campaign and the full Terms and Conditions, see our announcement blog post.

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