CVI v3 — Trading Competition

CVI
2 min readDec 22, 2022

We are excited to announce that the CVI will be launching a series of trading competitions, the first competition will begin on December 22nd, 2022, and will end on January 5th, 2023. This competition will be focused on our volatility token $CVOL and will take place on the Arbitrum network, it will include the CVI platform and $CVOL traded on Sushiswap DEX. Through the trading competition, users will be able to mint, burn and swap CVOL for a chance to win prizes.

Here are a few points to note:

  • There will be a trading minimum of $50 in $CVOL tokens (i.e. participants need this amount at minimum to enter the competition).
  • Share your trade on Twitter, Tag CVI, and earn the chance to win a reward other than the competition prizes
  • The winners to win the rewards will be the top 3 participants with the highest score, the biggest loser wins 4th prize
  • For the first competition, held between Dec 22nd-Jan 5th, the prizes will be:
    1st prize wins 1000 USDC * Multiplier
    2nd prize wins 300 USDC * Multiplier
    3rd prize wins 200 USDC * Multiplier
    4th prize wins 200 USDC for whoever loses the most %
  • Bring your friends — The multiplier will be determined by the number of participants, the more participants the higher the prizes!

Winning criteria:
1. Score = (User’s total P&L / User’s largest trade size (the user’s biggest trade in volume) )* 100 * Bonus multiplier

The bonus amount for the largest trade size:

Keep track of your progress with our live Leaderboard: https://cvi.finance/leaderboard

Good luck, everyone!

You are welcome to join our new Trading channel on Discord, where you can share your trades, technical analysis, fundamental analysis, and opinions on our tokens —$ CVOL and $GOVI. Whether you’re a seasoned trader or just getting started, you are welcome to join the discussion and share your insights.

Trading channel: https://discord.gg/KJ6x8pcR6u

For all of our updates and to join the conversation, be sure to check out CVI channels:

Website: https://cvi.finance

v3 Litepaper: https://cvi.finance/files/CVI.v3.Litepaper.pdf

GitBook: https://docs.cvi.finance/

Whitepaper: https://cvi.finance/cvi-white-paper.pdf

Twitter: https://twitter.com/official_CVI

Telegram (group): https://t.me/cviofficial

Telegram (channel): https://t.me/cvichannel

Discord: https://discord.gg/yuDsy7SM2H

--

--

CVI

CVI is a decentralized volatility index for the crypto space