Grab Your Share of $20,000 USDT in Bybit x TraderDAO “Bar Bell Rush”

3 min readSep 4, 2023

Introduction

Unveil your trading prowess with Bybit and TraderDAO in the “Bar Bell Rush,” a one-of-a-kind trading contest with a massive $20,000 USDT prize pool. The game’s not just about how much you trade, but how smartly you distribute your trading volume. Read on for details!

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During the event period from 10th to 20th September, at 4 PM (UTC+8), seize the golden opportunity to earn extra $POT tokens! Trade smart and mint more with the $POT Mining Booster. A perfect chance to elevate your rewards as you flex your trading muscles.

Event Details

Date: 10th September 2023 to 20th September 2023
Time: Starts at 14:00 UTC+8 on the 10th and concludes at 14:00 UTC+8 on the 20th
Prize Pool: $20,000 USDT
Note: The trading volumes will be calculated according to trades made within the specified event time period.

How to Participate

To get started, you’ll need to have a Bybit account that is generated through TraderDAO.
1. Register:
[👉🏻Sign up for TraderDAO👈🏻], and you’ll receive Bybit account details.

2. Get Acquainted:
Check out the [👉🏻Getting Started with TraderDAO Guide👈🏻] for a full tutorial.

Understanding “Bar Bell Rush”

Your piece of the 20,000 USDT prize pool depends on how well you distribute your trading volume across seven weighted categories: A to G.
- A: 5%
- B: 10%
- C: 20%
- D: 30%
- E: 20%
- F: 10%
- G: 5%

Example for Clarity

Imagine that the contest concludes with a total trading volume of 1 Million USD. The trading volume is divided among seven groups as follows:

- Group A: Ranges from 0 to 50,000 in trading volume
- Group B: Ranges from 50,001 to 150,000 in trading volume
- Group C: Ranges from 150,001 to 350,000 in trading volume
- Group D: Ranges from 350,001 to 650,000 in trading volume
- Group E: Ranges from 650,001 to 850,000 in trading volume
- Group F: Ranges from 850,001 to 950,000 in trading volume
- Group G: Ranges from 950,001 to 1,000,000 in trading volume

Additional Examples for Calculating Ranges

To help you understand how these trading volume ranges are calculated, consider these examples:

Group A Calculation:
1,000,000 x 5% = 50,000
(Hence, Group A’s trading volume range starts from 0 and goes up to 50,000)

Group B Calculation:
1,000,000 x 10% = 100,000
(Adding the upper limit of Group A, Group B’s range becomes 50,001 to 150,000)

If you place your trades with a 50% weight in category A and a 70% weight in category D, your reward calculation would be:

- From A: (20,000 / 7) * 50% = 1,428.57 USDT
- From D: (20,000 / 7) * 70% = 2,000 USDT

Total reward: 3428.57 USDT

Final Thoughts

The Bybit x TraderDAO “Bar Bell Rush” offers a unique blend of strategy and chance. Don’t miss out on your share of the 20,000 USDT prize pool!

Ready to get started? Use this link to register: https://traderdao.ai/ref/RAYI5122YE

And make sure to read our Getting Started guide: https://traderdao.gitbook.io/traderdao/start-here/getting-started-with-traderdao

Terms and conditions apply.

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