Post
DNT_Capital
·
--
The good odds at the beginning of the year for you guys!!!
Binance has just launched a super cool event for you guys to grind. The Owlto Finance trading competition will officially kick off at 8 PM tonight with a total prize pool equivalent to 200k USD.
The race will be divided into 2 tense phases, lasting until the end of February 11, 2026, giving you all plenty of time to place your bets.
The rules are very simple; you just need to compete for the top trading volume of OWL tokens:
3,400 top users on the leaderboard will share a huge prize pool of 1,564,000 $OWL .
This means that each winning share will take home 460 OWL, and the rewards will be credited to wallets before February 25, a great deal for a trade bet.
Personally, I think this Owlto event from the exchange is quite attractive. Instead of putting all the prizes for the top 1-10, the exchange has chosen to evenly distribute the prize pool among the top 3,400 users. This shows that the exchange is motivating smaller participants not to have to push hard to compete for the top; just need to manage the volume to get into the top 3,400 to surely grab 460 $OWL .
Therefore, you should hold your seats more securely and not necessarily have to strive for the highest ranks!
Ranking is based on the buying volume instead of the total volume, which will usually create forced demand, easily causing the token price to spike during the competition.
However, this bet has risks of a flood release after closing the books on February 11. Anyone planning to grind volume for the prize should carefully calculate transaction fees to avoid losing out on fees over the prize money!
What do you think? Leave your thoughts in the comments section!
This article is for reference only and is not investment advice. Please read carefully and consider thoroughly before making any decisions. #Binance
Binance has just launched a super cool event for you guys to grind. The Owlto Finance trading competition will officially kick off at 8 PM tonight with a total prize pool equivalent to 200k USD.
The race will be divided into 2 tense phases, lasting until the end of February 11, 2026, giving you all plenty of time to place your bets.
The rules are very simple; you just need to compete for the top trading volume of OWL tokens:
3,400 top users on the leaderboard will share a huge prize pool of 1,564,000 $OWL .
This means that each winning share will take home 460 OWL, and the rewards will be credited to wallets before February 25, a great deal for a trade bet.
Personally, I think this Owlto event from the exchange is quite attractive. Instead of putting all the prizes for the top 1-10, the exchange has chosen to evenly distribute the prize pool among the top 3,400 users. This shows that the exchange is motivating smaller participants not to have to push hard to compete for the top; just need to manage the volume to get into the top 3,400 to surely grab 460 $OWL .
Therefore, you should hold your seats more securely and not necessarily have to strive for the highest ranks!
Ranking is based on the buying volume instead of the total volume, which will usually create forced demand, easily causing the token price to spike during the competition.
However, this bet has risks of a flood release after closing the books on February 11. Anyone planning to grind volume for the prize should carefully calculate transaction fees to avoid losing out on fees over the prize money!
What do you think? Leave your thoughts in the comments section!
This article is for reference only and is not investment advice. Please read carefully and consider thoroughly before making any decisions. #Binance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0
1
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number