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.

3 Likes

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!

2 Likes

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.

1 Like

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.