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The Rules of the Arctic Games

Last updated: 17th Jan 2023

Round 2#

Round 2 of the Arctic Games is subject to the terms and conditions of Float, along with these rules. Participating in the Arctic games signifies that you have read through the terms and conditions and the rules below and agree with them.

Round 2 begins on January 25th at 11:00 UTC and ends on February 3rd at 11:00 UTC.

Arctic Gladiators will be decided and announced on January 24th 11:00 UTC. Participants that are selected will automatically receive Arctic Gladiator Role in the Float Discord.

Daily leaderboard updates and announcements will be shared in the Float Discord during the duration of the trading competition. A live leaderboard is also available in the dapp during the competition.

The contracts will be deployed on, and all competition activity will take place on, Mumbai testnet. Mumbai is a testnet and no tokens used in the smart contracts have any value.

Participants that are selected will be airdropped 10,000 Arctic Fake Coins (no financial value), and Mumbai MATIC for gas (no financial value). Arctic Fake Coins are non-transferable and will only work with the Round 2 testnet deployment.

Winners will be decided and announced based on their “fake net profits” as of the close of Round 2 on February 3rd at 11:00 UTC. At close minted tokens will be redeemed for Arctic Fake Coins and returned to user wallets. Net profit will be calculated using users’ final balance. This does not represent real profit.

To be eligible for prizes, you should have made at least 3 trades. Approving contracts do not count as trades - only mints, shifts, redeems count as trades.

You should also interact with the contracts at least once during the first 48 hours of the competition (otherwise we will look to replace you with another eager participant).

Based on their rankings, the winners will receive the following prizes:

  • First 2,250 DAI
  • Second – 1,000 DAI
  • Third – 350 DAI
  • Fourth to tenth place each – 50 DAI

Prizes will be sent to the addresses used by participants in round 2 on Polygon mainnet.

Receiving your prize is contingent upon complying with these rules and the Float terms and conditions.

Float reserves the right to change the prize allocations, competition dates, and other elements of the Arctic Games at our discretion.#

While the code has been audited by Sherlock there have been minor code modifications in the last 4 weeks (some specifically needed for the testnet and new features from user feedback). There is no guarantee that the code doesn’t break / malfunction / or behave in an unexpected way that causes you to lose Artic Fake Coins (which are valueless) or perhaps perform poorly in the competition where you otherwise believe you might have won. We are unable to provide any compensation in any event whatsoever.

The team who has been building Arctic will also be testing during the competition, but are not eligible to receive prizes.

Click here for more info on Round 2 of the Arctic Games.

Round 1#

Round 1 of the Arctic Games is subject to the terms and conditions of Float, along with these rules. Participating in the Arctic games signifies that you have read through the terms and conditions and the rules below and agree with them.

Round 1 begins on December 7 at 14:00 UTC and ends on 16 December at 14:00 UTC.

The contracts will be deployed on, and all competition activity will take place on, Mumbai testnet. Mumbai is a testnet and no tokens used in the smart contracts have any value. This is purely a test.

100 participants will be selected and airdropped (no financial value) 100,000 Arctic Fake Coins, and (no financial value) Mumbai MATIC. Arctic Fake Coins are non-transferable and will only work with the testnet deployment.

Winners will be decided based on their “fake net profits” as of 16 December at 14:00 UTC. Net profit will be calculated using users’ balance of Artic Fake Coins and minted tokens from the round 1 markets. This does not represent real profit.

To be eligible for prizes, you should have at least 5 contract interactions during the competition. You should also interact with the contracts at least once during the first 48 hours of the competition (otherwise we will look to replace you with another participant).

Based on their rankings, the winners will receive the following prizes:

  • First 2,250 DAI
  • Second – 1,000 DAI
  • Third – 350 DAI
  • Fourth to tenth place each – 50 DAI

Prizes will be sent to the addresses used by participants in round 1 on Polygon mainnet.

Receiving your prize is contingent upon complying with these rules and the Float terms and conditions.

Float reserves the right to change the prize allocations, competition dates, and other elements of the Arctic Games at our discretion.#

While the code has been audited by Sherlock there have been minor code modifications in the last 2 weeks (some specifically needed for the testnet). There is no guarantee that the code doesn’t break / malfunction / or behave in an unexpected way that causes you to lose Artic Fake Coins (which are valueless) or perhaps perform poorly in the competition where you otherwise believe you might have won. We are unable to provide any compensation in any event whatsoever.

The team who has been building Arctic will also be testing during the competition, but are not eligible to receive prizes.