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Gate.io's 1st Quant Asset Management Competition, Win a Reward and Share the Profit(Only 10 days left to enroll)

2021-06-10 16:01:51Read:12502

Gate.io officially launched the "1st Asset Management Competition" and started a brand new asset management model.
We sincerely invite outstanding quant and asset management teams to participate in this competition, sharing the profit without principle invested. The top teams by profits can win a prize pool at the same time.
The winning team will have an opportunity to get a million investment afterwards.

Registration Link:https://www.gate.io/en/questionnaire/434

Registration: June 3rd, 06:00 - June 20th, 06:00(UTC)
Duration: June 20th, 06:00-July 20th 06:00(UTC)

Details:
1.Participants
This competition is open to all quantitative teams or individuals with complete strategies, development skills, and risk control capabilities. The participating teams must meet the following conditions:
● Trading performance: Participating teams need to show more than 12 months of their trading performance in digital assets;
● API Information: The participating team agrees and confirms to provide Gate.io with the read-only API KEY of the trading account to facilitate supervision and uation of results;
● Deposit/withdrawal: During the competition, the participating accounts are not allowed to deposit and withdraw coins, and the account funds must be confirmed before the competition. A separate sub-account can be created for the competition;
● Continuity: During the competition period, if there is no transaction and no position taken in the participating account for 10 consecutive days, it will be deemed as a waiver of the qualification for this competition, and Gate.io has the right to immediately terminate the asset management cooperation.
2. Tradeable Products:
Spot, leverage, U-margined delivery or perpetual contract, B-margined perpetual contract
3.Tradeable markets:
The currencies that can be traded throughout the competition are:USDT, BTC, ETH, EOS, BCH, LTC, XRP, TRX, ETC, BSV, DOT, ADA, FIL, sushi, UNI, LINK as well as Exchange platform coins and various stable coins, etc. Once other currencies are found to be traded, the results of the competitor will be canceled.
4. Principle Support:
Participating teams have the opportunity to get $200,000 - $1 million USDT in participation fund support.

Asset Management Ability Score
In order to better reflect the asset management abilities and potential of the participants, the score is scored based on the profitability, drawdown, stability, scale, and other factors of the participating account. The comprehensive score is calculated according to the weight, and the specific scoring rules are obtained after registration.

Rewards
The top teams will win the prize pool by the score as below.




Reward Distribution
The bonus will be issued uniformly within 7 working days after the end of the event, and the timing in which the rewards will be distributed will be at Gate.io's discretion.

Gate.io has the right to interpret the rules. The competition adheres to the principle of fairness and openness. If the rules are adjusted during the period, all participating teams will be notified, with announcement through official channels.


Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
June 10, 2021

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