AMANPURI EXCHANGE will hold a corps ROE contest in leveraged trading!
In the contest, we will count the team's average ROE (return on equity) after the contest.
ROE Contest Outline (corps style ):
To make trades with open positions, the top teams with the highest ROE can receive prize in the end of contest . All users can become team leaders.
For teams that have not reached the minimum number of participants will be disqualified. The prize money will be different according to the number of participating teams.
In addition to ROE ranking contest, there are prizes for the entire team's trading volume.
The calculation of ROE contest doesn’t effect on the amount of funds.
Example: Users with a margin of 0.05 BTC and users with a margin of 5 BTC are calculated ROE scores fairly.
Calculation method of ROE
ROE (whole period) = [(ROE (day 1)+1)*(ROE (day 2)+1)*(ROE (day 3)+1)*... (last until the end date)]-1
*Please refer to the daily ROE calculation method below
ROE calculation method of the day (one day)
ROE (ROE of the day) = margin balance (start of the day) ➗ margin balance (end of the day) – 1
*A day means 03:00 to 02:59 of next day.
*For the calculation method of margin balance at the end, please refer to following
Margin balance calculation method (at the end of the day)
Margin balance (at the end of the day) = margin balance (at the beginning of the day) + realized profit and loss (at the time of trading on the day) + unrealized profit and loss (at the end of the day)-unrealized profit and loss (at the beginning of the day)
・ ROE contest registration period (team battle):
3 July 09:00 ～ 11 July 23:59 （UTC）
・ ROE contest period (team battle):
12 July 00:00 ～ 1 August 23:59 （UTC）
・ Qualification:
At least 3 members Max 20 members in one team.
・ Minimum trading volume during the competition
1 team 1,000 BTC
Each team member has more than 0.05 BTC margin.
・ Number of participating teams and total prize:
ROE contest
Participating teams | Total Prize |
10〜99 teams | 1 BTC |
100~499 teams | 10 BTC |
500~999 teams | 50 BTC |
1,000 teams | 100 BTC |
Trading volume contest
Participating teams | Total Prize |
10〜99 teams | 1 BTC |
100~499 teams | 10 BTC |
500~999 teams | 50 BTC |
1,000 teams | 100 BTC |
Prize distribution rules:
Rank | Prize Ratio |
1st | 70 % |
2nd | 10 % |
3rd | 5 % |
4〜10th | 2.1 % each |
Example of prize distribution (ROE)
Example: If there are 10 participating teams and the total prize amount is 2 BTC,
1st place 1.4BTC, 2nd place 0.2BTC, 3rd place 0.1BTC, 4 ~ 10th place 0.042BTC
Example: If there are 1,000 participating teams and the total prize amount is 100 BTC,
1st place 70 BTC, 2nd place 10 BTC, 3rd place 10BTC, 4 ~ 10th place 2.1 BTC
Example of prize distribution (trading volume)
Example: If there are 10 participating teams and the total prize amount is 1 BTC
1st place 0.7BTC, 2nd place 0.1BTC, 3rd place 0.05BTC, 4 ~ 10th place 0.021 BTC
Example: If there are 1,000 participating teams and the total prize amount is 100 BTC,
1st place 70BTC, 2nd place 10BTC, 3rd place 5BTC, 4 ~ 10th place 2.1BTC
・ Bonus distribution time:
After the contest, we will confirm the correctness and determining the contest ranking within 20 days, then distribute the prize within 10 days.
Supplementary matters of contest:
- During the contest, if you withdraw margin or do not make any trade, you will be disqualified.
- After the contest, the number of participants and ranking will be finalized and announced within 30 days.
- We have the right to disqualify users who are regarded as illegally registered, and market manipulation.
- We reserve the right to cancel or modify the contest or contest rules.
- If you hold a position enter the contest and participate in the contest without closing the position, the ROE and trading volume will be calculated after the position is 100% closed .
- The prize money will be evenly distributed to the members of winning team.
- Need to get approval from the team leader to join the team.
- You can only join one team in a contest.
- When you enter a team, you have to show your user ID to the team leader.
- The leaderboard will show the number of teams in real time and the finalized number of teams after the contest.
- If the number of teams is less than 10, the contest will not be established and will not be played during this period.
- If the commission income during the contest is lower than the total prize, 70% of the net commission income will be the upper limit of the total prize.
Cancellation Policy:
- If you hold a position to enter the contest and before the contest your margin is less than 0.05 BTC: your participation will be cancelled. (Can re-register the contest again)
- If you do not trade at all during the contest, you will be disqualified.
- Teams that have not reached the minimum trading volume during the contest,the team will be disqualified.
AMANPURI Team
3 July 2020
https://amanpuri.io/