January Trading Contest Results

230 of you are winners in our book🏆

We are excited to announce the winners of our latest paper trading contest! 521 participants competed for a chance to win $3290 in prizes including SWD Tokens and free access to our Quantamental Algo Suite. We are proud to say that the competition was fierce even amidst a harsh market decline.

The top contestant returned +17.50%, significantly outperforming the broad market which declined by -20% during the course of the competition. This accomplishment was especially difficult considering that the competition was Spot based and had no margin shorting ability.

In the end, all time-eligible 230 traders walked away with a prize. We would like to congratulate all of our winners, and we want to thank everyone who participated in the contest. We hope that you will all join us for our next contest in March!

The top three traders were able to walk away with a combined total of $3290 in prizes.

:1st_place_medal: KABILESH J#6579 — 100 SWD tokens + 3-month trading bot subscription (combined value $1850)

:2nd_place_medal: gowtham J#4199 — 50 SWD tokens + 1-month trading bot subscription (combined value $825)

:3rd_place_medal: Harshil Patel#5168— 25 SWD tokens + 1-month trading bot subscription (combined value $615)

We would also like to congratulate our runner ups:

  • All 227 other time-eligible contestants (joined before January 8 at 00:00 UTC), won a free one-month subscription to our Quantamental algorithm suite.

Reward Distribution

The top 1–3 contenders will receive a message on Discord from an official SW DAO representative (Alex | SW DAO#4689 or SHA256or₿UST | SW DAO#0459) to collect your Polygon ETH address to send you your SWD token prize, as well as provide the relevant Algo coupon code for you.

For runner-ups, over the coming 72 hours expect an email from contact@swdao.org to the email that you registered on Roostoo with. We will reach out to all time-eligible contestants with a free one-month Quantamental algo subscription coupon code, the code will expire if not used by 3/31/22.

Eligibility Requirements

Due to eligibility requirements posted in the initial contest rules, there were +291 non-eligible contestants for any prize. These traders either joined the contest after January 8 at 00:00 UTC, failed to join the SW DAO discord before February 1, at 00:00 UTC, failed to make their Roostoo username the same or similar to their Discord name, and/or failed to make a trade at least once every week of January.

Here is a list of “time-eligible” contenders, who were then combed through to check if they passed the Discord join, username change, and one trade-a-week eligibility requirements. This attached list of 230 contestants will be receiving a consolation prize of a free one-month subscription. Just because you are on the below list does not mean you were eligible for a 1–3 ranking.

Roostoo Time-Eligible Contestants

These Terms & Conditions were initially laid out in our December 31st document here:

We would like to remind all of our traders that paper trading is a great way to test your strategies and learn more about the markets before risking any real money. We hope that you will all join us for our next contest!

Thank you for your continued support!

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