What’s rad about TomoChain recently? Our answer is the TomoBridge upgrade, as well as LuaSwap upgrade with limit orders, which together have created a much better user experience for token wrapping and trading on the TomoChain network.
To celebrate the rad upgrades of TomoChain’s rad protocols, we’re excited to announce a super “RAD” (wrap & trade) campaign with a total prize of 22,000 LUA to be won.
Duration: 11AM UTC 7/7/2021 ~ 11AM UTC 21/7/2021
Eligible tokens: LUA, USDT, WBTC, ETH, FTT, SRM
Wrap & trade to share a pool of 20,000 LUA
Wrap and trade any of the eligible tokens for a total volume of $100 USD or above to equally split a prize pool of 20,000 LUA .
Follow the steps below to participate:
- Wrap any tokens out of the eligible token list above for no less than $100 USD before 11AM UTC 14/7/2021.
- Trade on LuaSwap for a total volume of no less than $100 USD during the campaign.
- Do NOT unwrap your tokens before 11AM UTC 21/7/2021 , or the unwrapped volume will be deducted from the total volume.
There will also be another 2,000 LUA rewards for 10 lucky users who tweet this post with #LuaSwap #TOMO_IS_RAD, and tag 3 friends.
Terms & conditions
- LuaSwap reserves the right to cancel or amend the campaign or campaign rules at its sole discretion.
- The trading volume of each currency in any liquidity pool is denominated in USD and will be calculated based on the exchange rate at the time of the transaction. All users who swap in any approved trading pairs will be ranked by their trading volume, excluding all the wash trades.
- Trading from smart contract addresses is not allowed in the competition.
- Trading volume includes the volume of instant swaps (market orders), and the filled volume of the limit orders placed throughout the campaign, including both buys and sells of the eligible tokens. Trading across other pairs is not eligible for this competition.
- LuaSwap reserves the right to disqualify wallet addresses for trades that are deemed to be wash trades or display attributes of market manipulation.
- LuaSwap reserves the right of final decision in case of disputed cases.
- The rewards will be distributed to all winner wallet addresses within 7 working days after the end of the campaign.
Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. LuaSwap will not be held responsible for any investment losses.
About LuaSwap
LuaSwap is a multi-chain liquidity protocol with no seed investment, founder’s fees, or pre-mining. At the core, LuaSwap delivers a community-governed, multichain protocol via the LUA token. LUA’s token economics is re-designed with a vesting schedule to not only reward early adopters but also incentivize them to stay and participate in governance for a longer period of time.
LuaSwap now operates independently on both the TomoChain & Ethereum Blockchains, taking advantage of each chain’s capabilities. On the TomoChain blockchain, LuaSwap allows you to purchase tokens nearly instantly, at near-zero gas fees without network congestion.