The DOMANI Colosseum: Avalanche Trading Competition
Gladiators,
Gear up and sharpen your swords. April 1, 2022 we head into a DeFi battle for a massive prize of $55,000 at the DOMANI Colosseum.
Introduction
DOMANI is the first asset management protocol to launch on Avalanche and to celebrate that, we are launching the DOMANI Colosseum, a series of 10-trading competitions on Avalanche for fund managers with a combined prize pool of $55,000 in $DEXTF tokens.
The DOMANI Colosseum: A DeFi Experiment for Fund Managers
The DOMANI Colosseum is built entirely for the benefit of fund managers. The goal of the Colosseum is to empower and encourage you to test out innovative trading management strategies, with little associated risk and a potentially large reward based on performance.
Within traditional finance, becoming a fund manager is a slow and bureaucratic process with many legislative hurdles, but, what does it take to be a fund manager on DOMANI? The intuitive and frictionless digital asset management infrastructure built by DOMANI gives you the opportunity to become a fund manager in 7 simple steps. Simply build your fund here, launch it and mint as many fund tokens as you’d like.
To Qualify
Fund managers must own a DOMANI Gladiator NFT. Please hold it in your own wallet for the entire competition, else you will be disqualified.
Fund managers should create a fund token on Avalanche during the first 10 days period following the start date of the competition.
Fund managers must also create a fund with an AUM of at least $100.
Fund managers should maintain the AUM of at least $100 throughout the competition.
Rules
The time schedule (all mentioned dates are as of 00:00 UTC) to follow for each of the 10 competitions will be as follows:
During the first 10 days from the start date, the participant has to build and launch their fund token(s).
Funds created after the cut-off time do not count for the purpose of the trading competition. However, you will still be eligible for investors’ rewards, as per the prevailing reward system.
After the 10-day period, the actual fund performance analysis starts for all fund tokens created within that period. Fund tokens performance are evaluated for 21 days.
Between each competition, there is a 7-day cool-off period.
Prizes for each Competition (based on Performance)
The top 3 performers will be rewarded with $DEXTF tokens and an exclusive 1/1 NFT
The bottom 3 performers will also be rewarded with $DEXTF tokens to encourage participation.
TOP
1st Place: $3,000 in $DEXTF tokens + an Exclusive 1/1 NFT
2nd Place: $1,500 in $DEXTF tokens + an Exclusive 1/1 NFT
3rd Place: $750 in $DEXTF tokens + an Exclusive 1/1 NFT
BOTTOM
1st Place: $150 in DEXTF tokens + an Exclusive 1/1 NFT
2nd Place: $75 in DEXTF tokens + an Exclusive 1/1 NFT
3rd Place: $25 in DEXTF tokens + an Exclusive 1/1 NFT
*prize value will be calculated based on the monthly average price of the $DEXTF token
All other participants: Participation NFT
DOMANI Gladiator NFT
The DOMANI Gladiator NFT collection is fully minted.
These are now available on the secondary market on Kalao.
Calling ALL Gladiators to join the battle! All holders of a DOMANI Gladiator can start creating their fund as of today and be eligible for prizes worth up to $3,000!
Launch your tokenised fund here: http://dapp.domani.finance
Talk to Us
Website: https://domani.finance/
Twitter: https://twitter.com/DomaniProtocol
Telegram: https://t.me/domaniprotocol
Announcements: https://t.me/officialdomaniprotocol