Join the Ultimate Trading Competition: TheStandard.io and Lynx.finance Partner for High-Stakes Trading Challenge!

Get ready for an exhilarating trading experience! TheStandard.io has partnered with Lynx.finance to bring you an exciting trading competition where you can showcase your trading skills and compete for amazing prizes. With a weekly prize pool of $1000, this competition is set to attract traders from around the globe, offering them the opportunity to trade long and short on BTC/USD, ETH/USD, and BNB/USD with up to 100X leverage using EUROs and TST. Here’s everything you need to know to get started and join the competition.

About the Competition

Competition Start Date: Every Monday at midnight UTC
Duration: Weekly rounds
Prizes: $1000 weekly prize pool, distributed in ARB
Collateral: EUROs
Trading Pairs: BTC/USD, ETH/USD, BNB/USD
Leverage: Up to 100X

How to Participate

1. Get EUROs: Borrow or buy EUROs through TheStandard.io’s CDP platform, which allows you to lock up assets like ETH, ARB, WBTC, SUSHI, PAXG, LINK, and more to mint EUROs at 0% interest and at least 110% collateral. With TheStandard.io, you never give up your private keys and can still trade into different collateral even after borrowing against it.
2. Fund your Lynx.finance account with EUROs: Once you have EUROs, place them as collateral on Lynx.finance to start trading perpetuals with up to 100X leverage.
3. Start Trading: Trade long and short on BTC/USD, ETH/USD, and BNB/USD. Your P&L (Profit and Loss) will be tracked on the leaderboard, which updates in real-time.

Prize Distribution

Prizes will be awarded based on the highest P&L after trading fees. The leaderboard will display the top traders along with their P&L and rank. Weekly prizes will be distributed as follows:

• 1st: 540 ARB
• 2nd: 220 ARB
• 3rd - 5th: 100 ARB

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Key Features

• Leaderboard: A real-time leaderboard will showcase the top traders based on their P&L after trading fees. It will include the trader's rank, P&L, and total fees collected.
• Rewards Tab: Under the rewards tab, you will find your P&L, rank, and earnings summary, along with a mini-display of the leaderboard.
• Rounds: The competition works in weekly rounds. Each round starts on Monday at midnight UTC and ends the following Monday at midnight UTC, allowing everyone to start on a level playing field each week.

Important Details

• P&L Calculation: P&L is calculated after trading fees, meaning your final P&L will reflect the net gains or losses after deducting opening and closing fees.
• Collateral Tracking: For this competition, the P&L leaderboard will track trading using EUROs as collateral. This ensures that traders have a use case for minting EUROs and using them on Lynx.finance.

Why Join the Competition?

• Test Your Skills: Whether you're a seasoned trader or just starting, this competition provides a platform to test your trading strategies and skills.
• Earn Rewards: With a substantial weekly prize pool, you have the chance to earn significant rewards for your trading prowess.
• Gain Recognition: Climb the leaderboard and earn recognition within the trading community for your achievements.
• Experience Cutting-Edge Trading: Utilize TheStandard.io’s innovative CDP platform and Lynx.finance’s advanced trading features to maximize your trading potential.

How to Get Started

1. Visit TheStandard.io: Head over to TheStandard.io to lock up your assets and mint EUROs.
2. Deposit EUROs on Lynx.finance: Place your EUROs as collateral on Lynx.finance and start trading.
3. Join the Competition: Follow the competition announcement and get ready to trade when the round starts.

Stay Updated

For more information, updates, and detailed instructions, make sure to follow TheStandard.io and Lynx.finance on social media and join their communities. You can also visit their websites to read the full competition rules and guidelines.

Don’t miss out on this incredible opportunity to trade, compete, and win big! Join the trading competition now and take your trading to the next level with TheStandard.io and Lynx.finance!

Risk Disclaimer

Leveraged trading involves significant risk of loss and may not be suitable for all investors. By participating, you acknowledge the volatile nature of such trading practices and affirm that you understand and accept the risks involved.

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