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The Risk Protocol
@TheRiskProtocol
Join Trading Competition: Community: Award Winners @ Arbitrum Founder House & Paris Blockchain Week
Joined June 2024
160 Following    2.6K Followers
A new round of our Trading Competition is live on @Arbitrum. The last round saw tremendous growth in traders, as the prospect of an onchain marketplace for risk continues to resonate strongly across DeFi. Claim your free test BTC and ETH in the app, split them into RiskON and RiskOFF, swap between the two, and position for the market you expect. To qualify, you need $10,000 in testnet volume and should be active on at least three days. If you need Arbitrum Sepolia ETH for gas, the link is in the wallet dropdown on the dApp. You are scored 60% on P&L and 40% on Risk Control, so drawdowns count against you. A trader who made 20% with a 5% drawdown can rank above one who made 30% with a 25% drawdown. The top 100 earn RISK Points when the round closes on 14 October, and your rank determines how many. Every round you do well also adds to your Risk Championship total, the season-long standings that reward the top 10 traders who keep delivering round after round. Those still on the Championship table when the points program ends earn additional RISK Points on top of everything they collected along the way. For the thousands of you already in the competition, the new standings are out: see where you stand in the Risk Championship and who was promoted or relegated at the close of the last round.
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