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Weekly Trading Competition Info

Lore Support avatar
Written by Lore Support
Updated over a week ago

Lore is launching a weekly trading competition for Fund Managers that rewards skill, consistency, and transparency.

Climb the leaderboard, earn Lore Points, and take home your share of at least a $10,000 monthly prize pool.

Earn cash prizes, social clout and trading reputation

πŸ—“ Round 1 β€” Starting Tuesday, June 3rd, 2025.

πŸ—“ Formation for Round 1 has begun.

How To Get Started

  • Solo Mode:

    • Participate Solo by signing in to your Lore account with your Email and raise or deposit a minimum $100 in your Lore wallet

    • βœ… Sign in with Email

    • πŸ’° Raise or deposit $100

    • ⚠️ Earn 1/3 the points vs. a squad β€” but still win prizes

  • Squads:

    • Create a Fund with at least 3 Members and deposit 3 SOL in your Lore Wallet.

    • βœ… Raise $500 (3 SOL)

    • πŸ‘₯ 3+ members in your Lore Fund

πŸ’‘ Join Telegram Channel for quick resolution to your queries β†’ Lore Telegram

How It Works

Each week, Lore hosts an onchain trading competition. Your performance is calculated based on time-weighted portfolio growth using your Lore Wallet and connected Solana Wallets.

Note: EVM wallets are not currently supported in the competition. Solana-only for now. We’re actively working to expand chain support.

PnL Calculation

  1. Performance is calculated from your Lore Wallet & connected Solana Wallets.

  2. We include only eligible tokens in the portfolio balance.

  3. Mid-round deposits, such as past prize winnings, are excluded from starting balances to ensure fairness.

Weekly Leaderboard

All participants with connected Solana Wallets appear on the leaderboard.

However:

  • Only qualified users (who meet minimum trading activity thresholds) are eligible for Top 3 rewards.

  • If an unqualified wallet ranks in the Top 3, the prize rolls down to the next qualified participant.

  • Every Friday, the competition leaderboard resets.

    The top 3 Funds each week will split the prize pool based on performance:

    πŸ₯‡ 1st Place – Takes home 50% of the weekly pool

    πŸ₯ˆ 2nd Place – Earns 30%

    πŸ₯‰ 3rd Place – Grabs the remaining 20%
    ​

  • $2,000 at least + 50% of Lore Platform Revenue in Prize Pool Weekly

    Top traders each week win a slice of the prize pool.

    Perform well consistently? You’ll keep stacking rewards. Total pool: $10K/month.

  • Plug In and Play β†’ Already trading on Phantom. Photon, GMGN, BonkBot, Farcaster, Believe, or other wallets?

  • Connect to Lore, and your trades will be tracked. No setup needed.

Guardrails & Anti-Exploit Measures

We actively monitor the competition to prevent abuse or manipulation.

Behaviors we flag and filter:

  • πŸ“Š Multi-wallet farming

  • πŸ”„ Wash trading or fake volume

  • πŸ§Ÿβ€β™‚οΈ Spam/rugged tokens inflating value

  • ⚠️ Leveraged platform farming without real capital risk

Lore reserves the right to disqualify any participant engaging in suspicious activity.

Lore Points: Your Onchain Reputation System

  • Lore Points are your new XP β€” earned with trades, swaps, leaderboard ranks, and wins.

πŸ“ˆ % Performance + ⚑️ % Boost = πŸ’Ž Weekly Lore Points

Points for Squads and Solo traders are calculated differently


​Example:
​for squads β€” (200% * 100) + 2 = 202 Points

  • for manager β€” let's say there were 2 managers β€” 202/2 = 101 Points

for solos β€” [(200% * 100)/3] + 2 = 35.33 Points (round down in UI) = 35 Points

🀝 What Lore points unlock?

  1. Future rewards + Partner airdrops

  2. Exclusive platform features and Early access to new features

  3. A Verified Badge for 5000 Points+ Lore Managers

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