Trading Sweepstakes

Every week any trader on the Zeta DEX that meets certain criteria are eligible for that week's sweepstake.
Eligibility Criteria
Must fill in the Entry Form (see end of page or click the hyperlink!)
Must be following Zeta on Twitter​
Must be a member in the Zeta Discord​
Must trade at least 5 contracts on Zeta Mainnet - Please note that 1 option or 1 future == 1 contract. Trades must be *executed* - placing an order is *not* sufficient.
Must follow any instructions shared in Announcements on the Zeta Discord
Sweepstakes Mechanics
Each sweepstakes follows a lottery mechanic with a ticketing system
Each contract traded on the Zeta DEX is equal to 1 ticket
At the end of each week, tickets are entered into a draw for that week's prize; naturally, the more tickets a user has, the higher their chances are of winning. Let's take a look:
Bob traded 5 contracts
Alice traded 50 contracts
In this scenario, Bob has 5 tickets & Alice has 50 - Alice has a ~91% (50/55) chance of winning the prize!
We will post regular updates in our #Sweepstakes channel on Discord: [link]
Grand Prize Mechanics
What is the grand prize? [redacted]! Please note that a [redacted] will need to happen in order for prize to be claimed.
Tickets are cumulative & count towards the grand prize provided a user has at least 75 tickets (75 contracts traded!)
The grand prize will be awarded in the final week of the sweepstakes (see Prizes below)
Multipliers:
Users in the top 30% of ticket holders have a 2x multiplier to their ticket balance
Users in the next 30% of ticket holders have 1.5x multiplier to their ticket balance
Users in the next 40% of ticket holders have a 1x multiplier to their ticket balance
Percentile Rank
Multiplier
60.01 - 100.00
2x
30.01 - 60.00
1.5x
0 - 30.00
1x
Let's take a look at an example
Bob has 5 tickets and is in the 75th percentile: Bob's multiplier is 1 so they keep 5 tickets (5 *1)
Alice has 50 tickets and is in the 8th percentile: Alice's multiplier is 2 so they have 100 tickets (50 * 2)!
Each week we will publish the cumulative leaderboard here: [link tba]
Weekly Prizes
Date(s)
Prize(s)
Status
18/05 - 27/05
3 winners - $250 USDC each
Concluded
27/05 - 10/06
Orcanaut NFTs
Concluded
10/06 - 17/06
3 winners - $250 USDC each
Ongoing
17/06 - 24/06
TBA
​
24/06 - 01/07
TBA
​
01/07 - 08/07
TBA
​
08/07 - 15/07
3 winners - $250 USDC each
Grand Prize Winners!
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Entry Form

Geo Restrictions

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Contents

Eligibility Criteria

Sweepstakes Mechanics

Grand Prize Mechanics

Weekly Prizes

Entry Form