On Wednesday 18th of May at 5 pm UTC, a new trading game incentive, APE Rebuy, will start on Vega Fairground and it will be trading until Friday of May 20th 2 pm UTC.
The rules are the simple, increase your assets and end up in the top 50 with a percentage profit above 1.5%,(final balance - total deposited)/(total deposited). However, since we saw quite a few liquidations previous incentive and users wanted to continue trading, this time around you will have the chance to apply for rebuys if you get liquidated or just want to top-up your account, maximum 1 per batch. Just remember that the PNL calculation takes into account all deposits.
Feel like aping in on each trade? This is the incentive for you!
APE Rebuy is designed to create realistic trading 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.
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!
To compete in this incentive, you need to:
Please note, if you are using a local CLI wallet, you are required to run version v0.13.1 (or later), as for the Vega Wallet Desktop app v0.1.1 is required. You can download the latest wallet by following these instructions.
All announcements for this market will be made on Discord or via the Vega Protocol Twitter account @vegaprotocol so make sure you follow to stay up to date.
After the 31st of May 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.
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.