We are excited to announce KyberSwap is launching the next round of our Trading Grant Campaign!
The first launch of our Project Trading Grants campaign was a great success, attracting approximately 1712 traders competing to win a share of $10,000 KNC rewards.
Aside from incentivizing our community, these campaigns help KyberSwap achieve our long-term vision of making DeFi fast, easy, cheap, and accessible for everyone. By assisting our DeFi partners in improving their tokenomics, we are strengthening our respective ecosystems, which, in turn, strengthens the entire DeFi ecosystem.
Starting on 15 Mar, this round of KyberSwap’s Project Trading Grants campaign has a total of 6 DeFi projects taking part. The T&Cs differ slightly across the board so be sure to read the information below carefully to ensure full understanding.
Summary
| Carbon Network | Elk Finance | Handle.Fi | Metavault.trade | Pomerium | zkBOB | |
| Total KNC Rewards allocated | $5000 | $5000 | $5000 | $5000 | $5000 | $5000 |
| Eligible Chains | Arbitrum | Polygon | Arbitrum | Polygon | BNB | Arbitrum BNB EthereumOptimism Polygon |
| Eligible Token(s) to Swap | $SWTH ↔ Any Token | $ELK ↔ Any Token | $fxUSD ↔ $FOREX and/or $fxUSD ↔ $USDT | $MVX ↔ Any Token | $PMR ↔ Any Token | $BOB ↔ Any Token |
| Minimum Trade Volume | $50 | $50 | $50 | $25 | $50 | $20 |
| Total Number of Winners | 60 | 60 | 26 | 60 | 122 | 57 |
| Reward Tiers | Rank 1: $1,000 in KNC Rank 2: $500 in KNC Rank 3: $300 in KNC Rank 4 to 10: $100 in KNC per winner Rank 11 onwards: $50 in KNC per winner (50 lucky winners will be chosen at random) | Rank 1: $1,000 in KNC Rank 2: $500 in KNC Rank 3: $300 in KNC Rank 4 to 10: $100 in KNC per winner Rank 11 onwards: $50 in KNC per winner (50 lucky winners will be chosen at random) | Rank 1: $2,000 in KNC Rank 2: $1,000 in KNC Rank 3: $500 in KNC Rank 4 to 10: $100 in KNC per winner Rank 11 onwards: $50 in KNC per winner (16 lucky winners will be chosen at random) | Rank 1: $1,000 in KNC Rank 2: $500 in KNC Rank 3: $300 in KNC Rank 4 to 10: $100 in KNC per winner Rank 11 onwards: $50 in KNC per winner (50 lucky winners will be chosen at random) | Rank 1: $500 in KNC Rank 2: $300 in KNC Rank 3: $200 in KNC Rank 4 to 10: $100 in KNC per winner Rank 11 to 30: $50 in KNC per winner Rank 31 onwards: $25 in KNC per winner (92 lucky winners will be chosen at random) | Rank 1: $750 in KNC Rank 2: $500 in KNC Rank 3: $350 in KNC Rank 4 to 10: $150 in KNC per winner Rank 11 onwards: $50 in KNC per winner (47 lucky winners will be chosen at random) |
| Rewards Claim Chain | Arbitrum | Polygon | Arbitrum | Polygon | BNB | Polygon |
Participant Introduction
Carbon Protocol
Carbon is a decentralized Layer 2 cross-chain financial protocol built atop of Cosmos-SDK. Designed specifically to support leverage trading, cross-chain markets, liquidity pools, and derivatives, Carbon also acts as a building block for cross-chain DeFi by bridging the Cosmos and Ethereum ecosystems, allowing for cross-chain money markets and permissionless listing of tokens from IBC, EVM and non-EVM chains.
$SWTH is Carbon’s native cryptocurrency and governance token.
Click here to join our Trading Contest with $SWTH and earn a share of $5,000 in KNC rewards!
Elk Finance
A decentralized network for cross-chain value transfers and blockchain interoperability, Elk Finance allows trustless and secure, efficient transfers of value and information, reducing friction and asset fragmentation across chains (e.g., Ethereum, Binance Smart Chain, Matic, Avalanche).
$ELK is the native utility token that is used for cross-chain value transfer, governance, and will be used for minting our stablecoin, CHFT.
Click here to join our Trading Contest with $ELK and earn a share of $5,000 in KNC rewards!
handle.fi
As a decentralized multi currency stablecoin protocol, handle.fi allows users to trade, convert, borrow, earn, and redeem from multi-currency stablecoins, creating a global decentralized FX market with up to 50x leverage. handle.fi stablecoins are called fxTokens and are collateral backed representing, and soft pegged to, a range of currencies.
FOREX is the governance token of the handle protocol. It will be distributed as a reward for protocol accretive actions and allow holders to contribute to platform governance.
KyberSwap is also hosting 2 $fxUSD pools on Arbitrum; fxUSD-FOREX & fxUSD-USDT, so LPs can earn optimized trading fees with our highly capital-efficient Elastic protocol.
Click here to join our Trading Contest with $fxUSD & $FOREX and earn a share of $5,000 in KNC rewards!
Metavault.Trade
Metavault.Trade is a perpetual DEX with zero slippage swaps and up to 50x leverage, providing a large range of trading features and very deep liquidity on many large-cap crypto assets. The main innovation at the heart of Metavault.Trade is the multi-asset pool. This feature allows the platform to have shared liquidity across all the assets it supports.
$MVX is Metavault.Trade’s governance and utility token. Holders are incentivised to stay in for the long run, with three reward types that will quickly accumulate, such as:
- 30% of platform fees (MVX stakers will get 30% of the fees collected by the platform in the form of the network’s native token — MATIC on Polygon.)
- Escrowed MVX (esMVX)
- Multiplier Points
Click here to join our Trading Contest with $MVX and earn a share of $5,000 in KNC rewards!
Pomerium
Based on the BNB Chain, Pomerium is a casual P2E platform. With the aim to provide solutions to connect Web2 games into the Web3 world, Pomerium is creating original content with Pomeranian-based characters as well as producing original Pomeranian-based games.
$PMR is the governance token of the Pomerium ecosystem across all “Pome” series games. Players can earn $PMR for both governance and various in-game features including but not limited to in-game character upgrades and breeding.
Click here to join our Trading Contest with $PMR and earn a share of $5,000 in KNC rewards!
zkBob
Deployed on Polygon to utilize existing infrastructure (Uniswap v3, Aave, and native USDC), zkBOB is a stablecoin-based zkprotocol designed for simplicity, privacy & utility, simplifying secure, limited-value, and anonymous stablecoin transfers for everyday users.
zkBob is optimized to work with $BOB, a multi-chain stable token (stablecoin) enhanced with optional privacy features. The BOB stablecoin is currently available on Polygon, Optimism, BNB Chain and Ethereum mainnet with additional chains on the horizon.
Click here to join our Trading Contest with $BOB and earn a share of $5,000 in KNC rewards!
Bonus NFT Reward
That’s not all!!!
Further incentives are waiting for KyberSwap Trading Grant Campaign’s traders who complete our missions and contribute to the volume growth!
Each KyberSwap user who finishes all the missions here will earn an extra NFT reward. Head to Galxe to see what the missions are and how you can win!
How to claim your NFT rewards on Galxe:
Step 1: Click this link or head to the Galxe website and manually type “KyberSwap Trading Grant Campaign” in the search function.
Step 2: Connect your wallet. Ensure you are on Polygon.
Step 3: Complete the 3 missions listed, and ensure all of them are verified
Step 4: Eligible participants will be able to claim your NFT rewards based on when the individual started trading:
- For eligible participants who trade from 15 – 22 Mar ⇒ They will be able to claim their NFT rewards on 22 Mar 2023.
- For eligible participants who trade from 23 Mar – 12 Apr 2023 ⇒ They will be able to claim their NFT rewards immediately on Galxe.
Start trading on KyberSwap to earn an NFT reward!
Further Details:
- Ranking system is based on points.
- $1 Trading Volume = 1 point on the Leaderboard
- The Leaderboard will refresh every 5 minutes.
- Prizes will be claimable on directly via the KyberSwap Trading Leaderboard 3 working days after the campaign has ended. Users will have to claim the rewards on their own. There is no time limit to claim your rewards.
- Traders will be able to view their ranking placement directly on the Leaderboard to know if they qualify for the Trading Contest.
- Kyberswap reserves the right to disqualify any user that violates, cheats, or abuses the campaign at its own discretion. All decisions made by the Kyber team are final.
Trade more to get higher ranking on our Trading Leaderboard. The higher your rank, the more rewards you’ll earn!
Trade Smart with KyberSwap.
