Proposal to launch FARM/USD Market

Proposals
4

After chatting with the Harvest team they are going to update the proposal to run a prize draw for all participants who trade on FARM/USD.

Campaign

  • Over a 2 week period, we would calculate the total amount traded for each wallet address
  • We then divide this amount by 5000 to get the number of tickets each person can receive. This number is rounded down (i.e. 5.89 = 5 tickets)
  • To keep it fair for humble farmers we add in a cap where each wallet can have a maximum of 20 tickets

Participants simply only need to stake these tickets on xDai to be eligible to win the prize

Prize pool:

  • 20,000 USD in FARM
  • 20,000 USD in PERP
  • 20 winners (so 2000 USD per winner)
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