Aster announces its official launch of the $RIVER perpetual contract. As the fastest-growing decentralized derivatives platform, Aster has immediately launched a week-long trading competition to share a prize pool equivalent to $25,000 in $ASTER.
1. Rule overhaul: Zero threshold, everyone can participate in Aster's weekly perpetual contract activity (Phase 6) which has undergone a significant upgrade. To attract more new users, the platform has completely broken the original 'threshold wall':
Cancellation of $ASTER holding requirement: No longer need to hold 444 $ASTER to share the profits.
Cancellation of winning streak requirement: Even if not trading continuously, as long as the total amount meets the standard, participation is allowed.
Highly inclusive: As long as you have a wallet, anyone can become a participant in this week's 2 million prize pool.
2. Huge Prize Pool: The reward structure for this week's (January 26 - February 1) double prize pool of $2,000,000 is very attractive:
🏆 Community Inclusive Prize Pool (80%) — $1.6 million shared by all
Requirements: Any perpetual contract total trading volume must reach $700,000 to qualify.
🔥 Popular Token Power Pool (20%) — Elite Ranking Competition
Key Cryptocurrencies: Specially includes today's debut of $RIVER as well as popular pairs like $ACU, $PENGUIN.
3. River Event Details: Double prize pool, precise incentives
Event Time: January 26, 12:00 — February 1, 12:00 (UTC)
Participation Threshold: Open to all, no need to hold $ASTER to participate.
1. OI Holding Ranking Competition ($12,500)
Rules: For the RIVERUSDT trading pair, ranking is based on the OI Score (Open Interest Score).
Calculation: OI Score = Σ (Position Size × Holding Hours). Note that the position must be greater than or equal to 1 hour to be counted; less than 1 hour is counted as 0.
Rewards: 1st place exclusively receives $5,000; 2nd place $2,500; the remaining top 10 share the remaining prize.
Hard Criteria: The top 10 participants must complete a trading volume of at least $1,000,000 during the event, or they will be disqualified.
2. Sunshine Participation Award ($12,500)
Rules: All qualified users who did not enter the top 10 will share the prize pool.
Requirements: Cumulative trading volume for RIVERUSDT trading pair must be greater than $10,000.
Aster is aggressively capturing the market through the strategy of 'high-quality project launches + high rewards + interest-bearing collateral'.
$RIVER, as a popular cryptocurrency recently, combined with Aster's 1.2x point weight (as mentioned in Phase 6 rules), is now the best time to enter the market.
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