The first race is over. Rewards have been distributed, and the next chapter is just around the corner.
From September 24 to October 1, Prosper's First Mover Trading Competition brought traders together across p{VAULT} markets, competing for a share of 100,000 PROS in trading rewards, alongside an additional 10,000 PROS TopNod Lucky Draw.
Here's a look at the results, top traders, and reward distribution.
Seven days of trading across Prosper's p{VAULT} markets. Here's how the competition unfolded.
All figures reflect the final verified competition period from September 24, 10:00 UTC to October 1, 10:00 UTC.
Traders competed for leaderboard positions based on cumulative qualified trading volume, with inner-curve net buys counting 5× and approved external trading volume counting 1×.
Following the final snapshot on October 1 at 10:00 UTC and eligibility review, the Top 50 eligible traders were determined by their verified qualified trading volume.
It took over 25,000 PROS in qualified trading volume to make the Top 50.
The First Mover Trading Competition distributed rewards through two pools, with each eligible wallet receiving rewards from one pool only.
The final Top 50 eligible traders shared 80,000 PROS, with rewards allocated according to their final leaderboard rankings.
Traders outside the Top 50 who reached at least 1,000 PROS in qualified trading volume were eligible to share the pool on a pro-rata basis.
A total of 246 traders qualified, generating a combined 1.416 million PROS in qualified trading volume, with 20,000 PROS allocated among eligible participants.
Alongside the trading competition, an additional 10,000 PROS was allocated to the TopNod Lucky Draw, rewarding participants in the TopNod quest and Korea Blockchain Week activation.
All eligible rewards have been distributed directly to participants' wallets following the final snapshot and eligibility review.
Participants can check their final reward allocations and confirm receipt in their wallets.
The first competition has wrapped up. The next race is already on the horizon.
On October 15, Prosper Genesis Season begins, bringing a new trading competition, fresh leaderboards, and more opportunities across Prosper's p{VAULT} markets.
Stay tuned to @ProsperTicker for the official Genesis launch announcement and full participation details.
The race is on.