Top 5 coin creators can share ~₹34,000 in SHM rewards.
Traders supporting the Top 5 winning coins will share another ~₹21,000 in SHM rewards.
Total reward pool: ~₹55,000 (~11.8 Million SHM)
Contest Duration: 19 May, 6:00 PM IST – 26 May 2026, 6:00 PM IST
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
Contest Overview
Contest 8 rewards the fastest-growing coin communities on Sikka.fun.
Coins that cross the minimum ₹200,000 market cap threshold during the contest become eligible to compete for the highest percentage market cap growth.
Winning coins must maintain their achieved market cap for 24 hours after the contest ends to remain eligible for rewards.
Both creators and eligible traders supporting the Top 5 winning coins can earn rewards from the 11.8 Million SHM prize pool.
How it works:
Create or support a coin
Push it beyond the ₹200,000 market cap threshold
Example: A coin growing from ₹200K to ₹800K market cap ranks higher than a coin growing from ₹200K to ₹400K in this contest
Track and climb the contest leaderboard
Hold and compete with other coin communities throughout the contest
Creators Eligibility & Reward Details
To become eligible:
Complete WazirX or KuCoin verification through the Sikka.fun app
Coin must cross the minimum ₹200,000 market cap threshold during the contest period
Fair Competition Adjustment: Coins already above ₹200,000 market cap at contest start must gain an additional ₹100,000 market cap during the contest period to qualify. Example: A coin starting at ₹260,000 market cap must reach ₹360,000 to qualify.
Eligible coins will be ranked based on the highest percentage market cap growth achieved during the contest
Winning coins must maintain their achieved market cap for 24 hours after the contest ends
Maintain your creator allocation for 3 days after the contest ends.
Creators Reward Breakdown
Rank | Reward (SHM) | Reward (USD) | Reward (INR) | General Criteria |
1 | 3.0M | $147 | ₹14,141 | Highest % Market Cap (MC) growth AFTER crossing ₹200K MC |
2 | 2.0M | $98 | ₹9,428 | Second highest % MC growth AFTER crossing ₹200K MC |
3 | 1.0M | $49 | ₹4,714 | Third highest % MC growth AFTER crossing ₹200K MC |
4 | 500K | $25 | ₹2,357 | Fourth highest % MC growth AFTER crossing ₹200K MC |
5 | 500K | $25 | ₹2,357 | Fifth highest % MC growth AFTER crossing ₹200K MC |
6 | 300K | $15 | ₹1,414 | Community Vote |
Total | 7.3M | $359 | ~₹34,411 |
|
Traders Eligibility & Reward Details
To qualify for trader rewards, users must:
Complete WazirX or KuCoin verification through the Sikka.fun app
Trade coins competing in the contest. Only traders of the final Top 5 winning coins become eligible for trader rewards.
Maintain a minimum positive net buy contribution of 1 Million SHM
Sell-heavy trading behavior is not encouraged
Continue holding at least 50% of net purchased coins for 3 days after the contest ends
Traders Reward Pool: 4.5 Million SHM (approx. ₹21,212)
Trader Reward Calculation
Trader rewards will be distributed proportionally based on total eligible net buy contribution across the Top 5 winning coins.
Formula: Net Buy Contribution = Total Buy Amount − Total Sell Amount
Example:
Buy Amount = ₹20,000
Sell Amount = ₹5,000
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.
Important Rules
Only positive net buy contribution is eligible
Creator and trader rewards are separate; Final rankings will be calculated at the end of the contest period.
Creator wallets are not eligible for trader rewards
A verified creator may create multiple coins, but only one creator reward can be claimed per verified identity
Only traders of the Top 5 winning coins become eligible for trader rewards
Market cap calculations, final rankings, and timestamps will be determined solely based on Sikka.fun system records
As of this note, the qualifying market cap milestone is approximately equivalent to its SHM-based system value, which may vary based on SHM price movements and Sikka.fun system calculations.
Sikka.fun reserves the right to disqualify suspicious, abusive, manipulative, or unfair activity
Final decisions regarding eligibility, rewards, market cap validation, rankings, and disqualification remain with Sikka.fun
PS: Questions or Contest Discussions?
This channel is the fastest way to get help and stay updated during the contest - https://t.me/Sikka_discussion