The number one decentralized exchange (Dex) on the Binance Smart Chain (BSC), PancakeSwap, is hosting an Easter Battle. The incentivized Easter Battle session contains a prize reward for a winning team and top players(traders).
The competition is already live, but entry into the battle session is not available to traders anymore as with the competition rules. This is the first-ever team event, where teams from across the world can compete for a total price of over $200,000 worth of CAKE. Alongside the CAKE rewards are achievement points and most importantly, limited editions NFTs.
To enter the battle, players will have to trade BNB/BUSD, CAKE/BNB, ETH/BNB, and BTCB/BNB during the battle period; the higher the volume, the higher you and your team rank.
How Does Your Team Win?
According to the official released Medium post containing the details of the competition:
Team ranks are calculated by the total combined volume of the top 500 members of each respective team.
The final winning team will be the team with the highest total combined volume of their top 500 members at the end of the competition period.
The Timeline of Event
Getting Ready (April 5th-7th) – Teams will have to set up their profiles, then register for the Battle Session by clicking the “I WANT TO BATTLE” button.
Battle Time (April 7th-14th) – Trade BNB/BUSD, CAKE/BNB, ETH/BNB, and BTCB/BNB during the battle period to raise both your and your team’s score.
Prize Claim (April 14th-15th) — Teams and traders will be ranked in order of trading volume. Collect your prizes and celebrate!
Limited edition NFT (only 500 will be minted), the NFT is 3D animated, and the winning team’s mascot will be featured on top of the trophy.
Prizes are tiered into five; Gold, Silver, Bronze, Purple, and Teal. The winning team will be split into these categories and rewards will be distributed respectively.
How To Claim Your Prize
After the battle ends, visit the event page and click the “Claim Prizes” button in the top section or the “Your Score” section. Once you claim your prizes successfully, the button text will change to “Prizes Claimed.”
The teams are split into:
Fearsome Flippers – Chef Hops
Syrup Storms – Chef Chungus
Chaotic Cakers – Chef Bugs
Source : bsc.news
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