Netswap Inaugural Trading Competition Begins March 7


Netswap has announced the kick-off of its inaugural trading competition. The competition starts on March 7th and lasts for 30 days, ending on April 6. It is the first of several trading competitions Netswap plans to hold this year, with large prize pools for participants to share. In the prize pool for the first trading competition, $100,000 worth of METIS, NETTS, RELAY and MINES tokens will be shared between top 100 participants.

For the duration of the next 30 days, trading activity and volumes across portfolios on the Netswap platform will be tracked across seven trades, all of which are linked to the METIS tokens. At the end of the 30 days, the top 100 wallet addresses with the most active trading in the seven pairs will be announced and share in the $100,000 prize pool based on their ranking.

The seven trading pairs tracked are WBTC/METIS, WETH/METIS, NETT/METIS, METIS/m.USDT, METIS/m.USDC, METIS/Relay and METIS/MINES. Registration is not required to enter the Netswap trading competition as winners are identified based on wallet addresses.

The trading competition will help users show the ease of using the Metis Andromeda network. Netswap’s lightning fast transaction speed and low gas costs coupled with Netswap’s smooth, easy-to-use user interface provide a premium user experience for traders. It provides Netswap/METIS with a way to raise awareness of their products while providing a fun experience for users.

Mapping out the best year yet for Netswap

The year 2022 promises to be a full year for Netswap. It has already partnered with METIS alongside Relay Chian and Metauce, both of whom have joined the Netswap 2x reward farms. Other partners indulging in Neptune, BinaryDAO and more are also expected to participate in the 2x reward farms.

A launchpad and UI upgrade are planned for this year and new features are coming to the platform. Limit orders, a prediction market, leverage swap, a lottery and an NFT marketplace are all coming to the platform in 2022. All of these new features and more will add value to Netswap’s governance token, NETT, which plays a much more important role in the Netswap ecosystem. .

Netswap will focus for the rest of the year on building a strong, efficient and secure governance system. All of this will be supported by positive growth that will be driven by the dynamic state of Netswap functionality upgrades, the market environment and community growth.

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