SAT Trading Competition Live Soon: $60,000 USDT to Grab ❤️‍🔥

Macaron
2 min readJun 17, 2024

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Macaron SAT Trading Competition LIVE SOON 🏎️

We are super thrilled to introduce the Macaron <> Satoshi Trading Competition to Split a prize pool of $60,000 USDT!

Competition Rules

  • The reward pools are: $40000USDT for trading SAT/WBTC, with rankings based on TX numbers. $20000USDT for adding LP to SAT/WBTC Pool, with rankings based on index LP added.
  • There is no minimum trading volume limit.
  • Rewards will be distributed within 5 working days after the end of the competition.

Prize Pool 1: $40000 USDT based on TX Number rankings.

  • This prize pool ONLY becomes valid after reaching the threshold of 80000 TXs.
  • Users trade SAT/WBTC on Macaron.

Gold Prize: $8,000

Silver Prize: $5,000

Bronze Prize: $2,000

Top 4–15: $1,000 for each winner

Top 16–25: $500 for each winner

Top 26–45: $400 for each winner

Prize Pool 2: $20000 USDT based on LP Index.

  • This prize pool ONLY becomes valid after reaching the threshold of a total SAT/WBTC LP Index of $2M.
  • Rankings are based on the LP Indexes of SAT/WBTC Pool on Macaron.
  • SAT/WBTC LP Index means the accumulated LP amounts provided by users. If one user adds $100 LP for one day, then the LP Index = $100; two days, $200. LP Index does NOT mean the LP size of the current Pool.
  • Macaron will take snapshots of users’ LPs added every 4 hours. During the interval of snapshot, users who added LP higher than $100 will be counted while those who added LP lower than $100 will be counted proportionally.

Gold Prize: $5,000

Silver Prize: $3,000

Bronze Prize: $2,000

Top 4–13: $1,000 for each winner

Don’t miss this chance to grab the grand prizes 🫵 Good luck, Fam.

Swap BTC for SAT on Macaron

  • Visit Macaron Swap
  • Ensure you have BTC in your wallet.
  • Select BTC in the “From” field and SAT in the “To” field.
  • Confirm the transaction in your wallet.

https://www.youtube.com/watch?v=pUvQUXs7gIs

Add Liquidity to SAT-WBTC on Macaron

  • Navigate to Pool page
  • Select SAT/WBTC
  • Ensure you have both SAT and WBTC in your wallet.
  • Enter the amount of SAT and WBTC you wish to add as liquidity.
  • Approve and click “Supply”.
  • Confirm the transaction.
  • You will receive liquidity pool (LP) tokens representing your share in the pool.

https://www.youtube.com/watch?v=pUvQUXs7gIs

About Macaron

Macaron is the First and Native DEX built on Bitlayer, offering the most seamless trading experience and competitive yield-making schemes for users.

Website: https://www.macaron.xyz

X: https://twitter.com/macarondex

Medium: macarondex.medium.com

Discord: https://discord.com/invite/DVcQwJvQK8

Telegram: https://t.me/macarondex

About Satoshi Protocol

Satoshi Protocol is a universal stablecoin protocol built specifically for Bitcoin. It empowers users to deposit their Bitcoin as collateral and borrow stablecoins SAT, on either Bitcoin Layer 1 or Layer 2.

Website | Web APP | Twitter | Telegram | Discord | Docs | Blog

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Macaron

First and Native DEX on Bitlayer, Liquidity & Yields for Users.