Real Finance Launches REAL Competition With $20K USDC Rewards Pool

• With the introduction of the competition, a points-based system that rewards users for trading, staking, and holding $ASSET is being implemented.
• Participants get points for every qualifying activity that involves $ASSET, and long-term holders are eligible to receive extra multipliers that raise their total position on the leaderboard.

Today, Real Finance made the announcement that they would be launching the REAL Competition, which is a community rewards campaign that is intended to encourage involvement within the Ethereum ecosystem. The top competitors in the tournament will be eligible to receive up to $20,000 in USDC rewards, and there will also be an extra raffle prize pool that will provide more community members with the possibility to also win.

With the introduction of the competition, a points-based system that rewards users for trading, staking, and holding $ASSET is being implemented. In the course of the campaign, participants have the opportunity to earn points by engaging in activities that take place on the blockchain, advance through a rewards system that is comprised of thirteen levels, and unlock permanent score multipliers that improve the worth of future actions.

In contrast to conventional trading contests, which are simply concerned with volume, the REAL Competition is intended to emphasize the importance of persistent involvement. Participants get points for every qualifying activity that involves $ASSET, and long-term holders are eligible to receive extra multipliers that raise their total position on the leaderboard. They may also profit from additional multipliers.

The format of the campaign’s prizes consists of a predetermined reward for the participants who finished in first place, as well as a larger distribution pool that is distributed according to the participants’ final point totals. A supplementary raffle reward pool with a value of $3,400 will also be made available by Real Finance. This will provide participants with extra opportunity to win prizes, regardless of where they end up on the scoreboard.

Connecting a wallet that is supported and executing qualifying $ASSET transactions or staking activities are the requirements for participants to be eligible to participate in the tournament. Each and every action is recorded on the blockchain, which enables users to monitor their progress, place on the leaderboard, and multipliers that they have achieved via the competition dashboard. Following the completion of the campaign, rewards will be handed to those who participated in the REAL Competition, which is currently active and will continue to run for the next several months.

The REAL Competition will be live at 11 AM UTC.

Tokenization, risk visibility via dual business validators, on-chain insurance through its Decentralized Risk Framework, and DeFi composability are some of the features that REAL Finance is working to include into its EVM-compatible Layer 1 blockchain. This blockchain is being developed with the specific intention of facilitating the whole lifespan of real-world assets. Wiener Privatbank is backing the platform, which is working to advance multi-jurisdictional regulatory harmonization in advance of mainnet.