SCGP Community Onchain Trading Competition

GM Seamless community! The Seamless Community Grants Program committee is thrilled to announce the first SEAM onchain trading competition, offering ~$10,000 in esSEAM in rewards!

Mark your calendars for this exciting event that is starting this Wednesday, 5/22/2024.

Competition Details:

Dates:

Five days duration

  • Start: Wednesday, 5/22/2024, 11:59 PM UTC
  • End: Monday, 5/27/2024, 11:59 PM UTC

Platforms:

Major onchain dexes on Base L2 will be covered by the competition, specifically: Uniswap v2, Uniswap v3, Sushiswap v1, Soswap v1, Scale v1, Openocean v2, Aerodrome v1, 1inch LOP v4, Infusion Finance

Rules:

  • All onchain trades involving $SEAM on the listed platforms above will be included in the onchain trading competition.
  • SEAM volume, calculated in USD, will determine rankings.
  • The leaderboard will use a Dune Analytics query, with the public table refreshed at least once every 24 hours.
  • Note: the Seamless Community and SCGP does not have control over the dex.trades table, which is maintained by the Dune Analytics team and community. Participants should review the query details and dex.trades table nuances carefully.

Leaderboard:

  • Winners will be announced and rewarded within five days after the competition ends, utilizing the dune query and leaderboard to determine the rankings and winners.
  • SCGP committee reserves the right to disqualify any participants for suspicious or unfair behavior.
  • Total Prize Pool: $10,000 in esSEAM

Rewards:

Rewards will be issued in esSEAM using the $SEAM spot price at the competition’s end date, Monday, 5/27/2024, 11:59 PM UTC

  • 1st Place: $2,500 in esSEAM
  • 2nd Place: $1,500 in esSEAM
  • 3rd Place: $1,000 in esSEAM
  • 4th Place: $700 in esSEAM
  • 5th Place: $600 in esSEAM
  • 6th Place: $500 in esSEAM
  • 7th Place: $450 in esSEAM
  • 8th Place: $400 in esSEAM
  • 9th Place: $350 in esSEAM
  • 10th Place: $275 in esSEAM
  • 11th Place: $250 in esSEAM
  • 12th Place: $225 in esSEAM
  • 13th Place: $210 in esSEAM
  • 14th Place: $200 in esSEAM
  • 15th Place:$180 in esSEAM
  • 16th Place: $165 in esSEAM
  • 17th Place: $150 in esSEAM
  • 18th Place: $135 in esSEAM
  • 19th Place: $110 in esSEAM
  • 20th Place: $100 in esSEAM

Here’s the public leaderboard, which will be updated several times per day throughout the competition. Get ready for an exciting trading challenge!

Seamless Protocol is the first decentralized, native lending and borrowing protocol on Base. Seamless lays the foundation for Modern DeFi, focusing on lower-collateral borrowing and a better user experience to inspire the masses.

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