Ave.ai and Hyperpie are pleased to announce that they have launched their first joint Community Trading Competition. This focuses on AI-based trading features. It will be held from September 24, 10:00 to September 29, 10:00 (UTC+8), for a duration of five days of daily rankings. The main concept is to fuse algorithmic intelligence and on-chain trading. As well as community participation, while providing real incentives for participants with USDT rewards.
As part of this burgeoning DeFi and meme ecosystem, Hyperpie focuses on its token ecosystem. And the competition is designed to incentivise liquidity, usage and community momentum. Extraneous tokens participants will be trading Hyperpie ecosystem tokens (externally usable tokens) through the Ave.ai website. Minimum trading amount is 10 USDT per trade. One user can only receive rewards once for each wallet address.
Hyperpie Focus, AI & Trading Mechanism
The competition showcases Ave.ai’s mission to provide AI-driven insights. And also, real-time aggregations across blockchains by bringing AI analytics together with user trading activity. Ave.ai is an on-chain aggregation trading platform. It covers multiple blockchains, DEXs and uses AI technology to help users make better trades in terms of depth and execution.
In this scenario, Hyperpie tokens are the battleground. Traders interacting with Hyperpie’s token pairs trigger the ranking mechanics. The system computes and displays trades, volumes, and ranking data in real time to ensure a fair and transparent game.
Rewards & Hyperpie Incentives
All days of the competition feature reward tracks associated with Hyperpie token trading and community involvement. This provides chances for every type of participant. The Daily Participation Reward pool contains $200 USDT per contest day. It will be equally divided amongst the top ten valid traders finishing in a leaderboard position, with $10 each. All eligible participants who have placed at least one suitable trade size of 10 USDT or more share a $100 daily prize for the top 50 places. This is available across 5 days. In addition, the Trading Volume Ranking Reward awards up to $700 every day in prize money. Or a total of $3,500 throughout the event based on trade volumes. This is where the top five can receive prizes from $300 for first place, all the way down to $50 for fifth place.
On 29 September, the organisers will randomly select one hundred winners, each receiving a $5 prize. With these two reward mechanisms, both high-volume traders and individual community members can participate. As well as benefit from the Hyperpie competition.
Hyperpie Ecosystem Gets Spotlight
The competition also ties in with Hyperpie’s desire to grow its ecosystem and token adoption. It is a product of Magpie DAO. Hyperpie will enable DeFi functionalities like liquid staking and meme token launches. As well as an in-built token economy.
With the games centralised around Hyperpie tokens, this partnership with Ave.ai can potentially bring a lot of trading, liquidity and users. Ave.ai’s AI infrastructure helps to ensure that ranking and reward calculations are dynamic, fair and timely. All are critical attributes in high-frequency trading environments.
Final Thoughts
The Ave.ai × Hyperpie Community Trading Competition will run from 24th to 29th September. It synthesises AI trading systems, token ecosystems and community rewards organically. Hyperpie tokens are the centre of this contest. And it leverages AI systems powered by Ave.ai to achieve liquidity. Hyperpie lets high-frequency traders and community participants earn rewards in multiple ways. In the days ahead, all eyes in DeFi may shift to see what this competition does to Hyperpie’s trajectory and Ave.ai’s AI trading model.
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