# Testnet Trading Competition

By [Wasabi.xyz](https://paragraph.com/@wasabixyz) · 2023-01-05

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You are officially invited to the _Wasabi Testnet Trading Competition_ starting on **January 5th** and ending on **March 15th, 2023!**

Participation is **free and open to the public.** It is a unique opportunity for top traders to compete for rewards, win access to our closed beta, and get a sneak peek into the world of decentralized NFT options.

Rewards
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Winners will earn ETH along with airdrops:

*   🥇 _1st Place_ wins **2 ETH** and **2 Wasabi NFT Airdrops**
    
*   🥈 _2nd Place_ wins **1 ETH** and **2 Wasabi NFT Airdrops**
    
*   🥉 _3rd Place_ wins **0.5 ETH** and **2 Wasabi NFT Airdrops**
    
*   _4th-10th_ Places win **1 Wasabi NFT Airdrop**
    
*   _11th-100th_ Places win **1 Wasabi NFT Allow List**
    

Wasabi NFT grants access to our private Mainnet beta before it is released to the general public. As an NFT holder, you will be eligible for **future token airdrops** and **exclusive communication with top traders and collectors on our private server.**

Ranking
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Winners are determined by the highest number of points earned. Your score is calculated using the following criteria:

*   +1 Point for every option purchased
    
*   +1 Point for every option exercised using the arbitrage tool.
    
*   +\[Net Profit x 100\] points for the net profits generated using the arbitrage tool.
    
*   +\[Net Profit x 100 x 2\] points if a profitable trade is shared on Twitter from the competition page (double the points)
    
*   You can earn up to +10 points for submitting helpful bugs or feedback through this form. Our team will review each submission.
    

How to enter?
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To be eligible, have an ETH wallet address ready and follow the below steps.

1.  [Join the Wasabi discord server](https://discord.gg/KApqctUycC)
    
2.  Whitelist your ETH wallet address on the **#whitelist** channel.
    
3.  Request & receive Goerli ETH (GETH is used for paying gas fees on the network)
    
4.  Request & receive Demo ETH (DETH is used for purchasing options)
    
5.  Enter the competition with your first option trade!
    

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*Originally published on [Wasabi.xyz](https://paragraph.com/@wasabixyz/testnet-trading-competition)*