Fairground Fairground

Biggest Loser:Incentivised trading game details

On Tuesday 5th of July, we released a trading game incentive in order for our community to try out our new Alpha Console, this console version is still under work so it will continue to improve. The new incentive Biggest Loser! will start on Vega Fairground and it will be trading until Thursday 7th of July 2pm UTC.

The rule is simple, trade the XYZbeta asset and decrease it, as close to 0 as possible without being liquidated. End up in the top 100 with the largest percentage loss, again, without being liquidated. You can request one faucet of the required funds XYZbeta and the leaderboard is based on percentage loss calculated according to (final balance - total deposited)/(total deposited).

Generally aim for the top loser spots on the leaderboard to receive the highest reward according to the distribution table below.

Biggest Loser is a trading game in a testnet environment. By competing in a lifelike market for a share of the VEGA incentives, you’ll learn about Vega and find out first-hand what it’s like to trade on Vega markets.

In addition to the trading game incentive we would highly appreciate any bugs or suggestion of improvements to the console to be submitted on github discussions.

The project will also benefit from all the data created, metrics collected, and feedback received, which will help develop and improve the protocol. If we’re really lucky and something goes wrong we might even find and fix some bugs!

HOW TO PARTICIPATE IN THE INCENTIVE

To compete in this incentive, you need to:

  1. Create a Vega wallet by following these instructions and copying the generated public key. In case you have never taken part in Vega incentives you will need to register for incentives.

  2. Join Discord and follow the @vegaprotocol Twitter account, like and retweet the rewards tweet
  3. Paste your public key and twitter account in the form in order to receive the asset (XYZBeta) needed to trade. Assets (XYZbeta) are transferred in batches twice per day and can only be received once per account.
  4. Start trading using the Alpha Console or API. At the end of the incentive, the accounts with the highest percentage loss, (final balance - total deposited)/(total deposited), will receive rewards in accordance with the table below.
  5. In case you need further assistance to get you started we are always available to help on our Discord.
  6. Make as big % loss as possible without getting liquidated and end up in the top 100 and collect your reward!
  7. For feedback in terms for the console please use github discussions so that we can track it.

Please note, if you are using a local CLI wallet, you are required to run version v0.16.1 (or later), as for the Vega Wallet Desktop app v0.2.0 is required. You can download the latest wallet by following these instructions.

Market details

Biggest Loser is based on XMRUSD. Market details will be visible through Vega Alpha Console and APIs.

All announcements for this market will be made via the Vega Protocol Twitter account @vegaprotocol so make sure you follow to stay up to date.

Incentives

PositionUserRewards
1singwin140 VEGA
2ejima_okwu40 VEGA
3UndergroundLuis40 VEGA
4nelson_boulder40 VEGA
5MHaihong40 VEGA
6Crypto2309199140 VEGA
7tld212840 VEGA
8chiayanam_agi40 VEGA
9Onyinye_gift140 VEGA
10cynthia_white2040 VEGA
11AnthonyNnamdi2640 VEGA
12mikeross54840 VEGA
13chididavid3140 VEGA
14finnberg3140 VEGA
15ZarTaCH_0x40 VEGA
16xthi1440 VEGA
17James_scott199340 VEGA
18best_girl3240 VEGA
19phancong211140 VEGA
20LaDucHoan40 VEGA
21filip_tudamun40 VEGA
22Tak_Hancur40 VEGA
23HoaGoVapHue40 VEGA
24CuongTranDLH40 VEGA
25admiral_gladys40 VEGA
26z_tabernacle40 VEGA
27Chinonso21240 VEGA
28eleganza_p40 VEGA
29Chioma_damsel40 VEGA
30Amibaby00540 VEGA
31EuphoricSamanta40 VEGA
32dad_nonny40 VEGA
33BobblingCurator40 VEGA
34Nasa8963233540 VEGA
35carabao_zethro40 VEGA
36precious_Cater40 VEGA
37MrIkuku40 VEGA
38SullivanChaste40 VEGA
39BennyBe2338411440 VEGA
40Oma8630843740 VEGA
41omah_rae_40 VEGA
42dike_kamsi40 VEGA
43Kokop4074955640 VEGA
44ChukwuobasiK40 VEGA
45Yourmajorgirl40 VEGA
46riri_baebae40 VEGA
47TWeichselbaumer40 VEGA
48AngelDelN40 VEGA
49MarialeS_0740 VEGA
50dkumzy40 VEGA
51nellyginika820 VEGA
52biggieFloppa20 VEGA
53Thelma9533360520 VEGA
54arturoqezada20 VEGA
55ChnhTrng320 VEGA
56PharmTony3020 VEGA
57HyginusAfamefu120 VEGA
58KimPiano820 VEGA
59Moonlight_GA_6920 VEGA
60SweetyVega20 VEGA
61MinaLeg3nd20 VEGA
62eSkyFrame20 VEGA
63eSalesHQ20 VEGA
64td_rosi20 VEGA
65MinhMinhTran8520 VEGA
66LyLyITDBA20 VEGA
67francin0832160620 VEGA
68sotillojj20 VEGA
69FpvVu20 VEGA
70mouhrisamsam20 VEGA
71boeboeziani20 VEGA
72nadshvets20 VEGA
73litazizi_8520 VEGA
74bpubever20 VEGA
75TbdlToanTuoi20 VEGA
76LaCanh13119120 VEGA
77QuanVuong261120 VEGA
78KevinNguyen130620 VEGA
79lanulinsaf20 VEGA
80RahmaStitou20 VEGA
81sanviera120 VEGA
82NTTuyenNT20 VEGA
83juliaivan1220 VEGA
84JustJack11220 VEGA
85zyamazyama20 VEGA
86zoumesti020 VEGA
87ivannag12120 VEGA
88helpuappl20 VEGA
89kstrawberry1220 VEGA
90f0ntf0nt20 VEGA
91wingtouch20 VEGA
92sharoffi20 VEGA
93karol1nka20 VEGA
94alesyakap120 VEGA
95jadiebrilli20 VEGA
96tsolovjov20 VEGA
97sashkasamojlof20 VEGA
98deniskirill20 VEGA
99sobolirka20 VEGA
100lizasmith12120 VEGA

HOW TO CLAIM YOUR TOKENS

After 31st July 2022, winners will be able to get a token claim link by logging onto the token rewards website with the Twitter account used to register for Fairground Incentives (this is the Twitter handle on the list above). You will be asked to confirm your country of residence - unfortunately, those in restricted countries will not be able to claim tokens.

This is a unique, one time use link, and not specific to any individual so it can be used by anyone to claim tokens. Please treat it with the same security as you would a token. Unfortunately, Vega cannot rectify any mistakes, lost links, or links that have already been used. You know the drill!

All tokens have a linear vesting. All tokens, either locked or vested, can be staked on the Vega network once it is live.

Further information

All announcements for this incentivised period will be made via the official Fairground Twitter account @VegaFairground so make sure you follow to stay up to date. This includes changes, updates and early closing of the period.

Check out the Incentive Terms and Conditions for information related to all incentives.

Rules

  • Breaking things is encouraged! Tell us how you broke them and we may give you a tip if it’s found to be a critical bug. Demonstrate exactly how to reproduce it here. Include screenshots/code snippets in as much detail as possible to be eligible for a tip.
  • The Vega project reserves the right to not reward participants that are not participating in the community spirit of the incentive programs i.e. botting to collect as many rewards as possible or using an exploit to win an incentive.
  • In the event of unforeseen issues and/or a network crash (or essential reset) we will either restart the event OR track and reward those that participated successfully. The course of action will depend on the unforeseen issue. If you miss out, don’t worry, there are many more incentives planned for the coming weeks and months.
  • Attempting to create multiple entries by changing twitter handles, having multiple personal accounts, using bot or farmed twitter accounts or by any other means will result in disqualification from this, and any future, incentives.

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