Celebrating the listing of $PLOT on QuickSwap, we are very pleased to announce a $PLOT Trading Contest on QuickSwap, with $10,000 worth of $PLOT up for grabs!
How it will work
Users that successfully trade $PLOT by using the swap function in QuickSwap during the contest period will accumulate points based on their trade amount.
Top 100 traders will share the total prize pool of $10,000 worth of $PLOT. Please note that to accumulate points, one of the tokens traded must be $PLOT (any token → $PLOT or $PLOT → any token). No minimum trade amount.
For every 1 PLOT traded, the user will be awarded 1 point.
Pro-tip: Provide Liquidity on PLOT-USDC or PLOT-QUICK pair on Quickswap by 12 pm UTC, 30th April 2021 and get ahead of the competition in the $PLOT trading contest.
Existing LPs will get 20% extra points for each trade in the $PLOT trading contest!
Note: Only the continuous Liquidity Providers will be considered for the bonus. You need to provide and maintain at least $200 liquidity during the span of the contest.
Swap $PLOT on QuickSwap here:
Rewards
🥇 1st — $2000 worth of PLOT
🥈 2nd — $1000 worth of PLOT
🥉 3rd — $750 worth of PLOT
⚡ 4th to 50th — $80 worth of PLOT
⚡ 51st to 100th — $50 worth of PLOT
How to enter
Fill this form: https://forms.gle/2xhgdH7hPqkHugtH7
Win even more by retweeting about this contest!
10 lucky Twitter winners* will get $30 each after they
- Follow @TryPlotX on Twitter
- Retweet this tweet about the $PLOT trading contest — https://twitter.com/TryPlotX/status/1387846186116128770
- Tag 3 friends in the comments, with $PLOT
*Winners will be picked at random at the end of the contest period
Duration
- Contest start time: 7.30 PM UTC, 29 April 2021
- Contest end time: 12 PM UTC, 9 May 2021
About PlotX
PlotX is a DeFi Prediction Market protocol built by the ex-CTO of Nexus Mutual.
PlotX enables crypto-asset predictions, like “What will be the price of BTC/USDT in the next 1 hour?”
Dubbed as the Uniswap of Prediction Markets, PlotX uses an Automated Market-Making algorithm to settle markets and distribute rewards without counterparty risk.
After months of research and development efforts, PlotX v2 is now being launched on Polygon. Brief highlights of the new features in v2 are as follows:
Gasless transactions that abstract gas fee payments
PlotX v2 offers meta-transactions — this means that once a user’s Web3 wallet is connected to PlotX, the user doesn’t need to separately pay gas-fee for any transaction. This is a massive UX improvement that takes PlotX a step closer to mass adoption.
No RPC changes on Metamask
Thanks to the integration of Magic Link Web3 wallet, the user doesn’t need to keep flipping between Ethereum & Polygon network for day to day usage of the protocol.
New UX
After tonnes of feedback from the v1 users, a new UX has been designed to further improve the usability of the protocol. The UX focuses on simplifying the DeFi experience for a commoner to bring it as close as possible to a mainstream application experience.
The new UX is also blazing fast in comparison to v1.
Smooth bridging of assets between L1 & L2
One of the biggest challenges when moving to an L2 solution like Polygon is the bridging of tokens from L1 to L2 (and the other way around).
PlotX v2 has in-built capabilities for smooth token bridging to-and-fro from L1 and L2.
Mandatory Liquidity in all markets via Market Creators
Bootstrapping of liquidity in each market has become easier in v2 by mandating liquidity via market creators — this ensures markets on v2 will always have base liquidity.
The incentives for the market creators have been accordingly adjusted and shall continue to evolve as we test the v2 in real-life scenarios.
About $PLOT
$PLOT is a non-refundable functional utility token that will be used as the medium of exchange between participants on the PlotX prediction market protocol.
Since the token launch in October 2020; the project has been intensely focused on technology and developing a class platform for crypto traders.
After months of research and development efforts, PlotX v2 is now being launched on Polygon, an Ethereum L2 solution for scalability.
The next big milestones after the Polygon launch are to extend support for Binance Smart Chain, Polkadot, Optimistic & zkRollups.
