The first Hedge Application Ethereum Testnet Competition Event Reward Announcement
(1) As the testnet activity experienced the occurrence of options arbitrage and price modification events, the reason was that the price fluctuation of the testnet was 50 times that of the mainnet. There are no such problems in the main network.
(2) The occurrence of this problem also causes the actual ranking to be inaccurately counted. In order to ensure fairness, the DAO organization decided to change the first prize of 1000$ to 200$, and evenly distribute 800$ to the 26 participants after 50, each with 30$. Other rewards remain unchanged.
*Actual rewards: US$200 per person for the first to fifth place, US$30 per person for the sixth to 76th place, and US$2 per person for the random 1,000 people.
The winning form for 76 people and random rewards for 1000 people are as follows:
https://docs.google.com/spreadsheets/d/1BKUZC72aIp_HhPeMcIGcCt9DRhWL4jKc74_AibD1xVY/edit?usp=sharing
(3) To obtain the reward, please download the HECO wallet address and provide the wallet address.
The table is as follows:
https://forms.gle/VJ5G789jqMuxhSM16
Wallet download address:
The application form will be issued once after 100 people have applied.
You can directly deposit HECO’s nest tokens to Huobi Global for trading. Taking into account that some participants failed to receive this information, we will continue to save the form so that every reward is issued.
*The first batch of applications will be issued on November 1, and rewards will be issued every 2 days thereafter.
fort DAO October 29, 2021
Fort is a decentralized financial protocol (DeFi Metaverse), which can unify all financial applications and provide unlimited liquidity through the original concept of discounted computers and currency on the chain. Hedge App is the first decentralized financial application under the agreement. The current products include options and perpetual contracts. Its operation is simple, no handling fee is charged, and positions can be opened and settled at any time. DCU token is the entire protocol circulation token, which is issued and destroyed according to the behavior of participants.
