ONUS x Nami: NAO Futures VNDC Tournament – Nami Championship season 4

In order to encourage people to trade Futures using VNDC base currency, ONUS continues to cooperate with Nami Foundation to organize NAO Futures VNDC Tournament – Nami Championship season 4 – allowing users to trade Futures while also having the opportunity to win attractive prizes.

Season 4 of the NAO Futures VNDC – Nami Championship will begin at 17:00 UTC on December 31, 2022. The best individuals/teams will receive a total prize of more than 1,000,000,000 VNDC!

Program Rules

  • Time: From 17:00 UTC on December 31, 2022 to 17:00 UTC on January 31, 2023.
  • Form of participation: Individual/Team of 4
  • Ranking: Trading Volume
  • Team registration time: From 17:00 UTC on December 28, 2022 to 17:00 UTC on January 8, 2023
  • The program only applies to NAO Futures VNDC.

Prize Structure

By Trading Volume: Total reward of 300,000 NAO

Individual prizes: 20 prizes, total reward of 150,000 NAO

Quantity

NAO reward

The reward to total prize ratio

01 First Prize

27,000

18%

02 Second Prize 

17,250

11.5%

02 Third Prize

10,500

7%

15 Consolation Prize

4,500

4.5%

Team Prize: 10 prizes, total reward of 150,000 NAO

Quantity

NAO reward

The reward to total prize ratio

01 First Prize

 52,500

35%

01 Second Prize 

30,000

20%

01 Third Prize

15,000

10%

07 Consolation Prize

7,500

5%

Special Prize

To encourage and motivate users with high trading volumes, NAO will create a special category with the following volume milestones and prizes: 

Trading Volume

Reward

Quantity (*)

Value

500,000,000,000 VNDC

iPhone 14 ProMax 256GB

3

36,000,000 VNDC

300,000,000,000 VNDC

iPad Pro M2 11 inch WiFi

5

24,000,000 VNDC

200,000,000,000 VNDC

Apple Watch Series 7 LTE 41mm

10

16,000,000 VNDC

100,000,000,000 VNDC

Apple Watch SE 2022 LTE 44mm

20

9,000,000 VNDC

Note:

  • The players who reach the milestone first is eligible for the prize
  • Each user receive only 1 prize according to the highest reward milestone
  • The achievement of the special prize is calculated according to the general rules of the championship

Conditions for ranking and receiving awards

  1. Individuals
  • Have more than 20 valid trading positions (minimum volume of 1,000,000 VNDC for each position)
  • Total trading volume is greater than 1,000,000,000 VNDC
  • The total time to maintain the position is at least 200 hours (the system will display this data for each individual at the NAO Futures VNDC Tournament program information interface)
  1. Team
  • All members are eligible for the above individual basic requirements
  • First – Second – Third Prizes: Minimum team trading volume of 40,000,000,000 VNDC

How to register to participate

  • Individual users do not need to register to participate in the tournament, the system will automatically rank for qualified users.
  • Team leader will register to join his team (including 4 members) with NAO Futures ID on the ONUS app. After being registered, the team member must confirm to join the team. Tournament information is published on the official website.
  • Starting from 17:00 UTC on December 28, 2022, the leader can register a new team until 17:00 UTC on January 08, 2023. Team achievements will be counted when the team is valid (all members confirmed to join).
  • The list of members for each team is fixed and cannot be changed during the season
  • Users who have confirmed to join a team will not be able to register and join another team.
  • The system will automatically rank the achievements for the teams that qualify for the ranking.

Team leader can register following the instructions below:

  • Step 1: On the NAO Futures Wallet Interface, select NAO Futures VNDC season 04.
  • Step 2: Select Create Team.
  • Step 3: Fill in Team name, Logo, NAO Futures ID of Team members. Create a Team and wait for members to confirm joining.

How to calculate achievements

  • Total maintaining position time = total time of all active positions, from opening to closing, cumulatively for each order. For example, in 1 hour, there are 10 opening and closing positions, the time to maintain the position is 10 hours.
  • Individual Achievements:
    • Trading volume = Total volume of closed positions
  • Team Achievements:
    • Team Volume = Total volume of 4 members

Note

  • Achievements are only for NAO Futures VNDC positions opened and closed during the tournament, with a minimum volume of  1,000,000 VNDC.
  • The Team Prize will be divided equally among the 4 members of each Team
  • The Organizer reserves the right to modify or terminate the program at any time.