The new year brings new opportunities at Parcl, and we're excited to announce the commencement of our January Trading Contest - Chilling Profits in partnership with AssetDash!
The new year brings new opportunities at Parcl, and we're excited to announce the commencement of our January Trading Contest - Chilling Profits in partnership with AssetDash!
After the thrilling 'Year End Battle Royale,' we're turning up the heat with a contest that promises even more engagement and competition. The contest will account for realized P&L starting January 1, 2024 00:00 UTC until January 31, 2024 23:59 UTC.
Understand the Contest Rules
As you gear up to participate, here are the crucial rules that govern the January Trading Contest:
Ranking Based on Total USDC Earned: The leaderboard will rank participants based on the total USDC earned, not the percentage return, during the contest.
Focus on Realized P&L: In a significant shift from previous contests, the leaderboard for the January contest will only reflect realized P&L. This means that only the profits and losses from positions that you have closed will count towards your ranking. Actively open positions will not impact your leaderboard standing, emphasizing the importance of strategic position modifications.👀 Reminder - making ANY modification to a position realizes the entirety of the P&L without having to fully close a position.
Flexibility in Position Opening: You are not restricted to opening positions within the contest window. Any position, regardless of when it was opened, can contribute to your leaderboard score, provided the P&L is realized within the contest timeframe.