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
- 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)
- 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.
