Binance's bStocks trading competition currently has a prize pool of only 1000U to be split among 3500 people, and the top spot only nets 50U 😅
I feel like the planners might have miscalculated the prize pool and entry requirements.
Other events usually require a trading volume of 500U for a 400,000 USDC prize pool, but this one is set at a trading volume of 1000U with a maximum of 240,000 USDC, and it even has phased unlocks 😂
Based on previous trading competition data, participation typically ranges from 50,000 to 80,000 participants. Do the organizers seriously think there will be 1 million participants?
I strongly suspect they accidentally added an extra zero when setting the conditions; a cap of 100,000 participants would be a much more reasonable threshold 😂
I feel like the planners might have miscalculated the prize pool and entry requirements.
Other events usually require a trading volume of 500U for a 400,000 USDC prize pool, but this one is set at a trading volume of 1000U with a maximum of 240,000 USDC, and it even has phased unlocks 😂
Based on previous trading competition data, participation typically ranges from 50,000 to 80,000 participants. Do the organizers seriously think there will be 1 million participants?
I strongly suspect they accidentally added an extra zero when setting the conditions; a cap of 100,000 participants would be a much more reasonable threshold 😂