# Testnet Trading Competition

<figure><img src="/files/v3r5Trtgk2PJpe4er5Vb" alt=""><figcaption></figcaption></figure>

**Start date**: January 30, 2023

**Duration**: 2 Weeks

## Rules: <a href="#b509" id="b509"></a>

* Get your trading funds from the Uniwhale [Testnet Faucet](broken://spaces/0xEle6Jl265gogxiAp8X/pages/nz8vS0ybQnPbVHz4JFtL) page.
* No registration or KYC required to participate in the competition. Simply use the [Uniwhale Testnet](https://app.testnet.uniwhale.co/).
* There will be a number of trading sessions over the two weeks and you can participate in as many as you like.
* Each trading session lasts 48 hours, with the starting time of each session announced on [Discord](http://discord.gg/Uniwhale).
* You will be a winner for a trading session, if your session ROE (net PnL over margin used) is in the top 3!

## Rewards: <a href="#id-025a" id="id-025a"></a>

* The first-placed winner receives 50U.
* The second-placed winner receives 30U.
* The third-placed winner receives 20U.
* The winners will receive airdrop boosts at the **Uniwhale** **Mainnet Airdrop Event**.
* The winners will also receive the **Uniwhale Genesis Pass whitelist.**
* If two addresses have the same ROE, the address with higher trading volume ranks higher.

## Rewards and Announcement Time: <a href="#id-81ee" id="id-81ee"></a>

* **Start Time + 48 hours = End Time**\
  Please note only those trades opened after Start Time will count.\
  All open position will be automatically closed at End Time.
* After each trading session, we will announce the session results together with the new session time on the Discord Announcement channel and distribute rewards.
* The winners’ airdrop boost points will be automatically accumulated on the Airdrop Dashboard (coming soon).
* The winners can claim NFT whitelist on [Discord](http://discord.gg/Uniwhale). Please note the whitelist can be claimed only once.


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