Competition Period: 2019/03/07 8:00 AM-2019/03/21 8:00 AM (UTC)
In order to increase awareness of Binance DEX within the Binance Chain community, Binance has decided to sponsor a simulated trading competition on the Binance DEX testnet. All users who hold at least 1 real BNB on their Binance account will be eligible to participate in this Binance DEX Simulated Trading Competition. Each Binance.com account is able to register a maximum of 20 Binance Chain addresses and will receive 200 virtual testnet BNB tokens to each address to use as their starting funds before the Binance DEX trading competition begins.
Please note: All data on the Binance Chain testnet will reset right before 08:00 AM (UTC) on March 7, with all existing asset balances being cleared. After the reset occurs, the competition will begin.
Competition 1: Token Competition for Healthy Price Volatility
Individuals are able to issue and list tokens on the Binance Chain Testnet. The addresses that own tokens will be ranked in terms of the sum of each token price’s volatility over every five minute interval on the “Token”/BNB trading pair during the competition period. The summation will start when each token is listed, with the maximum price volatility that can contribute to the sum set at 10 (every five minutes). The greater this sum of volatility is at the end of the competition period, the higher each token will be ranked. The initial price of each Token must be set at 1 BNB and there is no limit to the total supply of each token type. The rewards structure is as follows:
1st Place: Win 3,000 BNB
2nd Place: Win 2,000 BNB
3rd Place: Win 1,000 BNB
Competition 2: Absolute Return Competition
All wallet addresses are able to use the virtual testnet BNB distributed by Binance and will be ranked based on absolute returns achieved using their trading strategies on BNB, BTC.B, ETH.B, USDT.B, XRP.B tokens over the competition period. The rewards structure is as follows:
1st Place: Win 1,000 BNB
2nd Place: Win 700 BNB
3rd Place: Win 300 BNB
4th-10th Place: Split 1,000 BNB
11th-20th Place: Split 1,000 BNB
Link : https://support.binance.com/hc/en-us/articles/360024724031