Obsidian Finance
  • ✨Welcome to Obsidian Finance
    • FAQ
  • πŸ“‰Dex
    • πŸ“”Contracts
    • πŸ’²Obsidian Royalties
    • Token Listing on Obsidian
  • GET STARTED
    • πŸ’³Wallet Setup
  • CONTESTS
    • 🏁Weekly Trading Battle
      • Liquidity Pool Incentive Program
    • πŸ†Obsidian Leaderboard
    • πŸ’ŽObsidian Diamonds Program
    • Community Contests
  • Robin on Cronos
    • 🌍Official Links
    • πŸ“”ROBIN Contracts
    • πŸ“”ROBIN NFT
Powered by GitBook
On this page
  • Overview
  • Key Features
  • Example Contest
  • Get Started
  1. CONTESTS

Community Contests

Overview

We’re excited to introduce Trading Contests to Crommunities, giving community managers a powerful way to engage traders and reward participation. With a brand-new UI and an innovative Rolling Average Approach, these contests encourage consistent trading activity while preventing last-minute manipulation.

Key Features

βœ… Easy Contest Creation

  • Community managers can set start & end dates, define prizes, and more.

  • Creating a contest is free, and community managers are responsible for distributing rewards once the contest ends.

πŸ“Š Enhanced UI & Leaderboards

  • Global & daily leaderboards to track top traders.

  • Granular reporting tools help managers monitor contest performance.

  • CSV export available for contest reports.

🎯 Rolling Average Scoring System

Unlike traditional ranking methods that only count total volume, our Rolling Average Approach ensures a fair and balanced competition:

How It Works

  1. Daily Points Calculation – Each day, traders earn points based on their buy/sell activity.

  2. Average Calculation – A trader’s total points are divided by the number of days in the contest.

  3. Ranking – Traders are ranked based on their daily average score, not just total points.

  4. Zero-Activity Days Impact – Days with no activity count as zero points, lowering the overall score.

Benefits of Rolling Average Ranking

  • Rewards Consistency – Encourages traders to stay active throughout the contest.

  • More Fair Than Daily Caps – No arbitrary limits; traders can have exceptional days while still needing steady participation.

  • Harder to Game – Last-minute traders can’t suddenly overtake active participants.

  • Smooths Out Market Volatility – Balances out fluctuations in trading activity.

πŸš€ Boosted Points for Buys

  • Buys receive a 30% point boost, making contests more engaging and incentivizing long-term holding.

Example Contest

ROBIN Trading Contest - Edition #1

  • πŸ—“ Mar 8, 12:30 AM - Mar 15, 10:03 PM

  • πŸ† Prizes:

    • 1st Place: 50,000 ROBIN

    • 2nd Place: 25,000 ROBIN

  • πŸ”₯ Leaderboard available in the new UI!

Get Started

PreviousObsidian Diamonds ProgramNextOfficial Links

Last updated 2 months ago

Ready to launch your first contest? Head to Obsidian Crommunities and start rewarding your traders today!

https://obsidian.finance/contests