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Posted on Nov 14, 2023Read on Mirror.xyz

Helix Guilds

What are Helix Guilds?

Helix guilds are trading groups that allow traders to participate in trading competitions as a team. Trading competitions will be held periodically within Helix guilds, and traders can either create a guild or join one to win from the prize pool.

How it works.

Prior to each trading competition, traders can create or join guilds. Guild masters must meet minimum asset requirements and maintain them throughout the competition. Guild members simply need to join a guild and start trading to contribute to trade volume and total blocked value (TVL).

During the competition, guilds compete against each other based on the total trading volume in a particular market and the weighted average balance of a particular asset. To qualify for awards, your guild must lead in either total trade volume or weighted average balance.

Winning guild masters receive 20% of the total reward pool. Winning Guild members receive the remainder of the reward pool based on their proportional contribution to the Guild's success.

How to participate.

As a Guild Master:

Meet the minimum asset requirements and maintain them throughout the competition. Lead your guild to victory and earn a significant share of the rewards. As a guild member:

Join a guild and start trading to increase your trading volume and TVL. Help your guild to rank first and get rewards based on your contribution. What benefits do Helix guilds offer?

Helix guilds offer a number of benefits for traders including:

The opportunity to compete and win in group competitions. The opportunity to learn and grow with other traders. The ability to access exclusive resources and opportunities. Conclusion

Helix Guilds are an innovative new feature that could change the way cryptocurrency trading is done. They offer traders the opportunity to compete and win in group competitions, learn and grow with other traders, and access exclusive resources and opportunities.