You know there is Bitshares DEX Contest with Daily Prizes ?

in #bitshares3 months ago (edited)

I knew about it but thought it ended but nope - it is still running on Bitshares the older brother of STEEM.

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Daily there is Up to 60,000 BTS to win and share between marker makers on few DEXes.
Of course not OpenLedger or CryptoBridge as they ended not paying out funds to loads of people. I and @abit even posted the finds on OL stopping STEEM withdrawals and killing the market with no notice pretty much.

The market making is for BTS vs USDT and BTC pairs and there is 15000 BTS reward daily to each of the pairs.
BTS / [gateways].BTC
BTS / [gateways].USDT
BTS / [gateways].ETH
BTS / [gateways].EOS

BTS / [gateways].BTC
BTS / [gateways].USDT
(30,000 BTS each)

In stage three, these pairs will be kept but daily rewards will be reduced to 10,000 BTS each market pair, in the meanwhile all other parameters will be kept unchanged:

  • buyer:seller reward ratio 70:30,
  • target depth of each group 1,000,000 BTS,
  • minimum valid order size 100 BTS.

In addition, in stage three, following market pairs will be added to the contest (bitFiats include bitCNY, bitUSD, bitEUR and bitRUBLE):

  • [gateways].BTC / bitFiats,

    • daily reward 5,000 BTS,
    • buyer:seller reward ratio 50:50,
    • target depth of each group 4 BTC,
    • minimum valid order size 0.001 BTC
  • [gateways].ETH / bitFiats,

    • daily reward 5,000 BTS,
    • buyer:seller reward ratio 50:50,
    • target depth of each group 200 ETH,
    • minimum valid order size 0.05 ETH
  • [gateways].EOS / bitFiats,

    • daily reward 5,000 BTS,
    • buyer:seller reward ratio 50:50,
    • target depth of each group 10,000 EOS,
    • minimum valid order size 2 EOS
  • [gateways].USDT / bitFiats,

    • daily reward 5,000 BTS,
    • buyer:seller reward ratio 50:50,
    • target depth of each group 50,000 USDT,
    • minimum valid order size 10 USDT

Right now there is 4 DEX pairs that are checked to be solvent and take part in this below you have their audits.
SPARKDEX.BTC https://audit.bitspark.io/
RUDEX.BTC https://audit.rudex.org/
GDEX.BTC https://www.gdex.io/noticeAssets
XBTSX.BTC https://xbts.io/audit

I persoanlly trade Rudex mostly and i suggest you that too as they have build in bots for auto trading.
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You can just use your Bitshares account to login there or make new account on RuDEX for free

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Too complex to understand? Put up buy and sell orders on those pairs and you will be getting parts of fees for doing so.

Bitshares Top10 Markets

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No DEXes in top10 but that is normal (sadly) as DEXes should overtake markets for security and other reasons like in my invterview with McAfee.
So yes if i need the weapon of my choice is Bittrex or Binance, both have STEEM too.

Will you join the DEX Contest and help Bitshares decentralized exchanges ?


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The info in your post is a bit outdated.
Latest info is here: https://bitsharestalk.org/index.php?topic=31515.0
Thanks anyway.

updated, thanks!

bitFiats contest not live yet, but soon. its in post for info though.

Good information. Thanks.