Win Big with 30,000 ARB: Dive into Tradao’s Revolutionary Copy Trading Competition

Tradao
4 min readMar 6, 2024

Welcome to a groundbreaking event in the world of on-chain derivatives: Tradao’s inaugural Permissionless Copy Trading (PCT) competition! We prepare the Tradao Lucky Bag System and up to 30,000 ARB for additional reward. Participants will be able to get Tradao points, USDC, and ARB(Limited) from the Lucky Bag. We now invite traders and enthusiasts to partake in a unique contest that redefines the boundaries of copy trading. Here’s your chance to compete, learn, and earn in an entirely new DeFi playground.

Mark your calendars: the competition spans from March 6th to March 24th, or until the entire 30,000 ARB allocation is distributed. Begin early to enhance your winning prospects. And remember, even after the ARB rewards are fully claimed, you can continue to earn Tradao Points and USDC rewards.

What is Permissionless Copy Trading (PCT)?

At Tradao, we’re not just following the DeFi trends; we’re setting them. Our permissionless perpetual copy trading feature is a first in the market, offering a stark departure from traditional copy trading mechanisms. Unlike conventional systems on centralized exchanges (CEX) and DeFi protocols, where only selected traders can be copied, Tradao’s PCT democratizes trading by allowing any on-chain trader to be copied without prior onboarding or approval. This innovation tears down barriers, enabling everyone to follow and replicate the moves of top on-chain traders seamlessly.

PCT brings transparency and accessibility to the forefront of DeFi trading. Users can now transparently view traders’ performance metrics, making informed decisions to copy trades and navigate the DeFi markets more effectively.

How to Participate and Win

To celebrate this milestone, we’re not just inviting you to try out PCT; we’re rewarding you for it. Participants can claim one of three different “lucky bags” based on their specific trading volumes:

  • Bronze Lucky Bag: Achieve a cumulative trading volume of $500k on GMX.
  • Silver Lucky Bag: Attain a cumulative trading volume of $50k on GMX using Tradao’s referral code.
  • Gold Lucky Bag: Reach a cumulative copy trading volume of $10k on Tradao.

Rewards Galore

The rewards are as enticing as the competition itself:

  • Bronze: Earn between 300 to 500 Tradao Points.
  • Silver: Earn 10 to 100 Tradao Points, plus $0.5 to $1 in USDC.
  • Gold: Earn 50 to 75 Tradao Points, $0.15 to $0.25 in USDC, and 1 to 5 ARB.

Why Join the Competition?

This competition is more than just a contest; it’s a celebration of innovation and community. By participating, you’re not just competing for rewards; you’re also:

  • Exploring new trading strategies by observing and copying the trades of seasoned on-chain traders.
  • Experiencing a unique feature in the DeFi space that enhances transparency and accessibility for traders of all levels.
  • Being part of a pioneering movement that is setting new standards in the DeFi ecosystem.

Whether you’re a seasoned trader or a DeFi enthusiast eager to learn and explore, this competition offers something for everyone. Don’t miss out on this unparalleled opportunity to dive into the future of trading with Tradao’s Permissionless Copy Trading feature.

How to Start Copy Trade

Ready to jump into the action? Here’s how to get started:

  1. Visit Tradao, choose your favorite trader or enter the address you want to copy, and set the parameters

2. Deposit into your copy-trading wallet

3. Done! Wait for your trader open position. Keep an eye on your cumulative trading volumes to claim your lucky bag.

Join Us in Shaping the Future of DeFi

At Tradao, we believe in breaking down barriers and opening up new possibilities for traders worldwide. Our first Permissionless Copy Trading competition is just the beginning. Join us in this exciting journey, compete, learn, and be part of a community that’s at the forefront of DeFi innovation. Let’s trade, copy, and revolutionize the DeFi space together!

About Tradao

Tradao is a Web3 Onchain Derivatives Data Platform that empowers traders with a comprehensive toolset and an innovative incentive system, such as Copy-trading, Backtesting, Grid Trading Bot, etc. Our platform is designed to enable traders to track and capitalize on related data from GMX, Kwenta, and other derivatives protocols across various blockchain networks, including Arbitrum, Optimism, BNB Chain, Avalanche, Ton and more. By harnessing the potential of decentralized technology, our mission is to establish a fair and transparent trading environment, providing real-time signals that facilitate informed investment decisions for traders of all levels.

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Tradao

Tradao is the First & the Best Web3 Derivatives Portfolio Tracker that covers all traders.