Mango Markets <> Serum | Spot trading competitions

From the 18th of July and in partnership with Project Serum, each week for 8 weeks a 50,000 SRM pool will be used to reward traders that contribute the most volume or attain the highest P&L in Serum markets supported by Mango.

Leaderboards updating regularly are available at https://mangolorians.com/competitions.

Volume-based pool

40,000 SRM, split 50/50 across maker and taker (20,000 SRM each) will be awarded distributively to those Mango accounts contributing 1% or more of either volume type.

P&L based pool

10,000 SRM will be distributed across the top 10 traders by P&L. All of these will get a base 500 SRM reward; first place gets an additional 2,500 SRM, 1,500 go to the second and 500 to the third. A random draw will be cast for the remaining 500 SRM.

Timelines

The first pool will run from 2022-07-18 00:00:00 UTC to 2022-07-25 00:00:00 UTC. After that a new pool will run each week for eight weeks. Preliminary results will be announced every Monday.

FAQ

- How does one sign up to the competiton?
No need to sign up, anyone can participate just by trading.

- When and how will the rewards be paid?
Tentatively every Monday, after a DAO vote.

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The first pool has been completed, preliminary results are available in the following spreadsheet:

Will review with @klossie5 and send out the rewards.

https://mangolorians.com/competitions has been updated to reflect the second week of competitions, which will run from 2022-07-25 to 2022-08-01. Good luck y’all!

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The second week of competitions was just completed. Preliminary results (with breakdown of rewards by criteria) are again available in the following spreadsheet:

https://mangolorians.com/competitions has been updated to the third week of competitions, which will run until August 8th. Reviews are ongoing - payouts will be sent out shortly.

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The third week of competitions just ended! Preliminary results are available, as always, in the following spreadsheet:

https://mangolorians.com/competitions has been updated to the fourth week of competitions, which will run until August 15th. Payouts will be sent out after the usual reviews.

The fourth week of competitions is finalized! Preliminary results are available, as always, in the following spreadsheet:

https://mangolorians.com/competitions has been updated to the fifth week of competitions, which will run until August 22th. Payouts will be sent out after the usual reviews.

Next few weeks of these competitions will be seeing the P&L based rewards (10,000 $SRM) reallocated into a different pool, which is to be confirmed. Will post an update once the transition has been completed.

The fifth week of competitions comes at an end! Preliminary result available at:

This week, additional to the Mangolorians leaderboard we’ve now got Mango Markets, which updates automatically every week :smile:

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The sixth week (wow!) of competitions just finished. Preliminary results at:

Relevant dashboards were updated for the seventh week.

This was the last week of competitions. The results for the whole event will be archived at Mango Markets <> Serum | Spot trading competitions - Google Sheets :smile:

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