Introducing Clans Clash Invitational

OpenLeverage
2 min readMay 10, 2022

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Epoch 3 saw over 14 thousand members and the continued success and explosive growth of the OpenLeverage community. These members conducted more than 73 thousand trades and $345 million in trading volume.

The payout for Epoch 3 is $140,244 worth of BNB distributed directly to # winners’ addresses. Congratulations to all who participated!

In our next epoch, we’re giving the Invitation League a face-lift and changing up the rules. The design and mechanisms are so new that we’re renaming it the Clans Clash Invitational.

Now, You Need a Team…

  • New members will be referred to as Warriors and will trade in teams, referred to as Clans, each headed by a Leader. Clans will strive to earn rewards, referred to as loot, through trading, lending, and recruiting new Warriors.
  • Warriors now work together to become the top 3 Clans at each epoch, in order to claim as much loot as they can.
  • Addresses that join through a user’s referral code will automatically join a Clan. Recruits invited by Warriors will have their trading and lending volumes counted in the Clan Score.
  • Joining a Clan is not permanent, as all Clans will last for only one epoch. Each epoch will last 21 calendar days. Loot distribution will be in the tokens of the market pair. With the exception of Leaders, only newly invited addresses can join the teams and participate in sharing the Clans Clash Invitational loot.

How to Get Your Loot

Clans Clash Invitational will rank Clans within each market, based on referral scores representing their recruits’ lending and trading volume. 46.6% of the trading fees will be distributed to the top 3 Clans at the end of each epoch.

Leader Benefits

The top three Clans that earn the most loot in any trading pair will receive 50%, 30%, and 20% of the 46.6% of generated fees. This loot will be distributed among the members of the team, where the Clan Leader will receive 30%, and the remaining 70% will be distributed according to their Warrior score.

How to be a Successful Leader

  • Be proactive in promoting your team and OpenLeverage.
  • Share your referral code through all of your social channels and communities.
  • Be supportive and help your Warriors grow — for example, learn about margin trading strategies
  • Battle other Clans to earn loot by trading and lending.

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OpenLeverage
OpenLeverage

Written by OpenLeverage

A permissionless decentralized lending and margin trading protocol. https://openleverage.finance/, http://discord.gg/openleverage.

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