ONUS x Nami: NAO Futures VNDC & USDT Tournament – Nami Championship season 5

In order to encourage people to trade Futures using VNDC and USDT base currency, ONUS continues to cooperate with Nami Foundation to organize NAO Futures VNDC & USDT Tournament – Nami Championship season 5 – allowing users to trade Futures while also having the opportunity to win attractive prizes.

Season 5 of the NAO Futures VNDC & USDT – Nami Championship will begin at 17:00 UTC on February 5, 2023. 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 February 5, 2023 to 17:00 UTC on March 5, 2023.
  • Form of participation: Individual/Team of 4
  • Ranking: Trading Volume
  • Team registration time: From 17:00 UTC on February 2, 2023 to 17:00 UTC on February 16, 2023
  • The program applies to NAO Futures VNDC & USDT.

Prize Structure

The price awarded according to VNDC & USDT Trading Volume: 250,000,000 VNDC and 250,000 NAO for each transaction type (VNDC and USDT)

Individual prizes: 20 prizes, total reward of 100,000,000 VNDC and 100,000 NAO

Quantity

VNDC Reward

NAO reward

The reward to total prize ratio

01 First Prize

18,000,000

18,000

18%

02 Second Prize 

11,500,000

11,500

11.5%

02 Third Prize

7,000,000

7,000

7%

15 Consolation Prize

3,000,000

3,000

4.5%

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

Quantity

VNDC Reward

NAO reward

The reward to total prize ratio

01 First Prize

  52,500,000

52,500

35%

01 Second Prize 

30,000,000

30,000

20%

01 Third Prize

15,000,000

15,000

10%

07 Consolation Prize

7,500,000

7,500

5%

Conditions for ranking and receiving awards

  1. Individuals
  • Have more than 20 valid trading positions (minimum volume of 1,000,000 VNDC or 50 USDT for each position)
  • Total trading volume is greater than 1,000,000,000 VNDC or 50,000 USDT
  • 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 & USDT 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 or 2,000,000 USDT

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 February 2, 2023, the leader can register a new team until 17:00 UTC on February 16, 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 05.
  • 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 VNDC Futures and USDT Futures positions opened and closed during the tournament, with a minimum volume of  1,000,000 VNDC or 50 USDT.
  • 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.