🏆Trading Competition

Trading Competition Feature on Lovely Swap

Lovely Swap introduces a groundbreaking, fully automated trading competition feature, streamlining the entire process from start to finish. Project owners can independently create trading competition events without needing to contact our team. Key functionalities include:

  • DEX Selection: Choose the DEX from which you would like to use liquidity.

  • Reward Configuration: Set rewards for up to 50 winners.

  • Token Selection: Choose the reward token and the competition token to track participants' trading volumes.

  • Pair Specification: Select up to two specific trading pairs for the competition.

  • Event Scheduling: Define the start and end dates of the competition.

Notably, project owners are not required to add liquidity directly to Lovely Swap to utilize the trading competition feature. Instead, they can leverage liquidity from other integrated DEXs by selecting the preferred DEX during the competition creation process.

Participants can easily join the competition by generating trading volume on the specified pairs and monitoring their progress via a user-friendly dashboard.

Benefits:

  • Project Owners: Enhanced engagement and increased visibility.

  • Blockchain Ecosystem: Attraction of new on-chain users and reactivation of existing ones.

  • Integrated DEXs: Increased trading volume and liquidity utilization.

This innovative feature not only brings new on-chain users but also reactivates existing users, providing significant benefits to project owners, blockchain networks, other DEXs, and blockchain users alike.

Competition Overview Page

The Competition Overview page provides a high-level view of all the trading competitions hosted on Lovely Swap. At the top, you'll find tabs to filter the competitions by their status: "ALL" (showing all competitions), "ACTIVE" (ongoing competitions), "UPCOMING" (scheduled future competitions), and "FINISHED" (completed competitions).

If there are any events- they are shown with the option to 'JOIN' the competition.

The main section displays all competitions by filter. As new competitions are scheduled or launched, they will appear in this area. The message stating "No Events On LOVELY SWAP..." indicates that there are currently no active or upcoming competitions listed.

Note on Trading Competition Event Create Fees

If you maintain liquidity on Lovely Swap, there is no fee for creating a trading competition. However, if you choose to use liquidity from another DEX during the competition creation, a minimal fee of approximately $500 will apply.

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