March 29, 2024
Upgrades Have Arrived!
It has been a fun ride so far, but rest assured things are just heating up with our activation campaign. We've deployed unique improvements to the credits-related pages of the Hedgemony application. Users can now track their activity from multiple angles and monitor in real-time their odds of securing a winning spot in one of our exclusive raffles.
TLDR
Hedgemony's upgraded activation campaign now rewards active users with weekly raffles for exclusive prizes, with your winning chances increasing through platform usage, referrals, and credit accumulation. Check the improved leaderboard now!
What are Raffles?
Raffles are conducted at weekly intervals. These are automated prize giveaways built into our testnet activation campaign. The odds of winning greatly favor those who are actively and realistically engaged during our activation campaign.
How does it work?
Every Saturday at 12:00 UTC, we capture a snapshot of the application's state and select 100 winners. Although the selection process is entirely randomized, each user can increase their odds of being selected by earning more tickets each week. Prizes include whitelist spots for our exclusive, free-to-mint Mony Badge NFTs and various other surprise prizes from our strategic partners. Raffles will continue throughout our multi-month activation campaign.
How do you get tickets?
By being a frequent/consistent user of Hedgemony and by sharing our app with your friends via your individualized referral link. We use this formula to determine the number of tickets a user gets for each weekly raffle:
Days Active Definition: A 24-hour period where a user has made a trade on the "Swap" app or created a position/strategy on our "Strategy Lab" app.
Referrals Definition: Everyone who joins via an access code starts with 1 referral, with any additional referrals added to this initial value. Increase your referral rights by being recognized in the community, engaging with us on socials., and sharing helpful feedback in our application. Jump in and get involved now!
Normalized Credits Score: Every hour we calculate a normalized credits score, assigning the lowest credits holder a score of 1 and the highest a score of 50. Everyone in between receives a proportional score within this range. While we reward consistent platform usage, this normalization prevents transaction volume from overly skewing the results.
Can I win more than once?
We will have multiple seasons of testnet activation, each with new features to test and exciting prizes to win. A season runs for approximately 1 month. Once a user wins a raffle, they will no longer earn tickets for that season, meaning each user can win only once per season. However, users can win multiple raffles across different seasons.
Ready to Boost Your Chances?
The time to act is now! With our enhanced tracking system and weekly raffles, every interaction with Hedgemony brings you closer to exclusive rewards. Whether you're swapping assets, creating strategies, or bringing friends to the platform, your engagement matters. Check your dashboard today to see your current ticket count, and start maximizing your chances of winning. Good luck to everyone participating—we can't wait to announce our next round of winners!
