Nash League season three begins at midnight (UTC) on March 9, 2021 and runs through April 6. The third season will have the same structure as season two, where $10,000 in rewards will unlock at intervals of $10 million in trading volume. All Nash users are automatically registered.
Nash League is a competition designed to increase the trading volume on the Nash non-custodial platform. The second season recently concluded and brought approximately US $74 million in volume and unlocked $70,000 in prizes.
Just as in the prior season, Nash League season three offers participants the ability to compete concurrently in solo and team categories. Traders can win prizes from both prize pools, with rewards distributed proportionally to their trading volume.
Squad registration is currently live and ends just before midnight on March 18. Squads must have a minimum of five members. If a squad doesn’t meet the minimum requirements by the time registration concludes, registrants will compete in the solo category.
Returning to season three is the “Rookie” category, offering a separate reward pool to incentivize new users. Each week, Nash will distribute a pool of 1,000 NEX tokens to the top 100 new traders proportionate to their trading volume.
Eligible trading pairs for the competition include BTC/USDC, ETH/USDC, ETH/BTC, LINK/USDC, NOIA/USDC, NOIA/BTC, and NEO/USDC.
Note: Only users who generate more than $10,000 of volume during the competition are eligible for prizes.
The full announcement can be found at the link below: