New Raffles Coming to CVI: Your Chance to Win Big!

CVI
2 min readJun 10, 2024

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We are thrilled to announce a series of exciting raffles as part of our ongoing efforts to boost engagement and reward our dedicated traders. With a total of 12,000 $ARB allocated for raffles over the next three months, there are numerous opportunities for everyone to participate and win. Here’s everything you need to know about our raffle events:

Raffle Details

We will be hosting a total of 12 raffles over 3 months, with 2 bi-weekly raffles each month. This setup ensures multiple chances for you to participate and win throughout the campaign.

How to Participate

Eligible participants must meet the following criteria:

  • Minimum Trading Volume: 1,000 USDC
  • Absolute P&L: Exceeding $500 (either profit or loss)

Each trade counts, and every raffle gives you another shot at winning. Whether you’re a high-volume trader or someone who manages to make substantial profits or losses, there’s an equal chance for everyone to win in our raffles.

First Bi-Weekly Raffle

The first bi-weekly raffle is designed to reward traders based on their trading volume. Here are the details:

  • Prizes:
  • 1st place: 500 $ARB
  • 2nd place: 300 $ARB
  • 3rd place: 200 $ARB

-Eligibility: Minimum trading volume of 1,000 USDC

-Selection: Equal chance for all eligible participants

This raffle encourages traders to maintain a high trading volume, giving everyone who meets the threshold an equal opportunity to win a share of the prize pool.

2. Second Bi-Weekly Raffle

The second bi-weekly raffle focuses on rewarding traders based on their absolute P&L, either profit or loss. Here are the details:

  • Prizes:
  • 2x 500 $ARB prizes
  • Eligibility: Trading profits or losses need to exceed 500 USDC
  • Selection: Equal chance for all eligible participants

This raffle is unique in that it recognizes both profitable and unprofitable trades, emphasizing the value of participation and engagement over mere profitability.

  • The team will be utilizing Chainlink VRF to do an on-chain raffle in order to make sure the results are fair.

Conclusion

We are incredibly excited about these upcoming raffles and the opportunities they present for our community. Whether you’re a seasoned trader or just getting started, there’s never been a better time to get involved with CVI. These raffles are designed to boost engagement, reward consistent trading, and provide multiple chances for everyone to win a share of the 12,000 $ARB prize pool.

Stay tuned for more updates, participate actively, and you could be one of our lucky winners! Let’s make this raffle season a huge success together.

Thank you for your continued support and participation. Happy trading! 🚀

We would like to invite everyone to join our vibrant community on our social channels. If you have any questions, our team & community are always on stand-by and eager to assist.

Website: https://cvi.finance

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

Twitter: https://twitter.com/official_CVI

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

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

Discord: https://discord.gg/yuDsy7SM2H

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

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

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CVI
CVI

Written by CVI

CVI is a decentralized volatility index for the crypto space