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PremiaPremiaby0xDEAD5D3c486AcE753c839e2EB27BacdabBA06dD60xDEAD…6dD6

Extend 20 Day Trading Competition to 30 Days

Voting ended over 4 years agoSucceeded

After careful consideration and feedback from the community, The Premian Republic proposes that the trading competition be extended by 10 days. With just over 1 week left of the competition, there are quite a few new features recently requested that have been/are being added in which the team feels would benefit participants greatly by extending the 20 day competition by 10 days, making it a full 30 day competition.

Some of the benefits:

  • Batch reassignment: LP's previously could not reassign their options positions and this feature is now available.
  • Early LP's got rekt from instant profit trades: LP's who incurred losses will be reimbursed the capital lost from the instant profit trades.
  • Leaderboard: Currently, there's been no way to know who or what traders are up against. This will give participants ~2 full weeks of competitive trading.
  • 20 days seems short: A full 30 days to compete for those that came day 1 would be beneficial coupled with the above bullet points, and from feedback gathered from community members, new participants wouldn't mind a few extra days either.

Understandably there is a large prize pool up for winning, but after serious consideration, the team believes this proposal should be considered by the community as a whole, and would greatly benefit both early and late participants to the competition.

Off-Chain Vote

Extend the trading competition
704.8K 98.3%
Do not extend the competition
12.36K 1.7%
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Timeline

Jul 05, 2021Proposal created
Jul 05, 2021Proposal vote started
Jul 08, 2021Proposal vote ended
Oct 26, 2023Proposal updated