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Sikka.fun Contest 7: Completed

Creators and Traders Can Win From a ₹50,000 SHM Reward Pool

Buy. Hold. Push a Coin to ₹300K.

  • Creators can win ₹25,000 worth of SHM.

  • Traders supporting the winning coin will share another ₹25,000 worth of SHM.

  • Total Reward Pool: ₹50,000 worth of SHM

  • Sikka.fun uses a bonding curve model where continuous buying activity can increase token price and market cap, while selling activity can reduce them. As a result, sustained buying and holding behavior contribute more effectively toward market cap growth

Campaign Overview

The first coin to reach and maintain ₹300,000 market cap for 24 hours will win rewards for both creators and traders.

How it works:

  • Create or support a coin

  • Help push it toward ₹300K market cap

  • Hold and compete with other communities on the leaderboard

Note: If multiple coins reach the target around the same time, the coin that reached first based on system timestamp will be considered the winner.

Leaderboard

Track the live standings of the top coins on the leaderboard

Campaign Duration

  • Start Time: 14 May 2026, Thursday, 7:00 PM IST

  • End Time: 21 May 2026, Thursday, 7:00 PM IST

  • Duration: 7 Days

Note: If a coin successfully reaches and maintains the required market cap before the contest ends:

  • The campaign will end immediately

  • That coin will be declared the winner

Eligible Traders & Reward Details

To qualify for trader rewards, users must:

  • Trade the winning coin anytime before it reaches the required market cap. Users can trade multiple coins during the contest.

  • Complete WazirX or KuCoin verification. Steps to verify are available in the Sikka.fun app.

  • Have a positive net buy contribution

  • Continue holding at least 50% of your net purchased coins for 7 days after the winning milestone is reached

Trader rewards will be distributed proportionally based on net buy contribution.

Formula: Net Buy Contribution = Total Buy Amount − Total Sell Amount

Example:

  • Buy Amount = ₹20,000

  • Sell Amount = ₹5000

  • Net Buy Contribution = ₹15,000

Reward Formula:

Trader Reward = (Trader Net Buy Contribution ÷ Total Eligible Net Buy Contribution) × Trader Reward Pool

Reminder: Sikka.fun uses a bonding curve model where continuous buying activity can increase token price and market cap, while selling activity can reduce them. As a result, sustained buying and holding behavior contribute more effectively toward market cap growth.

Creator Eligibility & Reward Details

To receive the creator reward, creators must:

  • Complete WazirX or KuCoin verification

  • Continue holding their creator allocation for 7 days after the winning milestone is reached

  • Rewards will be distributed after the 7-day holding period is completed.

  • Users failing the holding requirement become ineligible.

  • Any ineligible rewards may be redistributed among remaining eligible participants.

Important Rules

  1. Only trading activity before the required market cap is reached will count

  2. Trading activity after the milestone will not affect reward calculations

  3. Only positive net buy contribution is eligible

  4. Creator and trader rewards are separate

  5. Creator wallets are not eligible for trader rewards

  6. A verified creator may create multiple coins, but only one creator reward can be claimed per verified identity

  7. As of this note, the official target market cap for the campaign is 61.8 Million SHM. Any INR or USD market cap values mentioned are approximate representations only and may fluctuate based on SHM price movements and Sikka.fun system calculations. Final winner determination will be based solely on Sikka.fun system records.

  8. Market cap calculations, SHM-equivalent value, and timestamps will be based on Sikka.fun system records

  9. Sikka.fun reserves the right to disqualify suspicious, manipulative, abusive, or unfair activity

  10. Final decisions regarding eligibility, rewards, market cap validation, SHM-equivalent calculation, and disqualification remain with Sikka.fun

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