Cryptocurrency change Binance introduced on March 25 that it’s going to host a buying and selling event the place individuals can compete in groups and win a prize pool of as much as $ 1 million in BNB tokens.
Binance explains that each one groups buying and selling in steady contracts in Binance Futures through the competitors interval shall be ranked primarily based on the crew's complete USDT revenue, which is the sum of the highest 10 particular person outcomes inside the crew.
Situations of crew buying and selling
The change provides extra particulars on how the full $ 1 million prize pool in BNB tokens is distributed: first place will obtain 30% of the full reward. Second and third place every obtain 20% of the full reward. Fourth to tenth locations will break up the remaining 40%.
Amongst different issues, Binance says that the distribution of rewards inside every crew shall be primarily based on the truth that every crew chief will obtain 30% of their crew's complete rewards.
The highest 10 particular person USDT earnings contributors obtain the 20% equally, whereas the opposite crew members obtain the remaining 50% equally.
Reputation bonus awarded
Binance makes it clear that crew members ought to try this Register for the video games between March 26 and April 10, additional explaining that there shall be no adjustments after the registration interval has expired.
As well as, that chief with the most important crew shall be awarded a "bonus recognition" prize of USD 5,000 in BNB tokens.