Verso, Gate.io, and Pangolin Join Forces to Run Trading Competition for Avalanche’s DeFi Ecosystem

After concluding a successful token launch on TrustSwap in late April 2021, Verso is looking to continue to distribute tokens and provide engaging initiatives for the broader DeFi community.

Introducing the Verso Bonanza trading competition featuring $20,000 in rewards for anyone trading or holding $VSO on Gate.io. Until June 4th, any user who deposits more than 4,000 $VSO on Gate.io will be eligible to win a portion of an 30,000 VSO bounty (currently worth $3,000). A user can for example purchase $VSO from Pangolin, the native DEX of Avalanche, and then directly deposit these $VSO on Gate.io.

This Bonanza week is one of several initiatives resulting of the close collaboration between Verso, Gate.io, Avalanche, Pangolin, and TrustSwap. It is a recognition of the value Verso is delivering through its platform and its supportive community.

Competition Period: May 28th, 2021 at 09:00 UTC to June 4th, 2021 at 08:59 UTC

During the coming week, holders of the $VSO token on Gate.io will be eligible to receive rewards in one of the following ways:

  • Trading $VSO: Until 4 June, the top 150 traders of the VSO token (by volume) will be eligible to win a share of the rewards – a total of 100,000 VSO.
  • Deposit Bonuses – Until 4 June, the top 600 users based on volume will receive a portion of 30,000 VSO in air-dropped rewards.
  • Community Promotion Bonus – Share the exciting news with your friends in the community and become eligible to receive your share of up to 20,000 VSO in rewards!
  • Miscellaneous rewards – Hodlers and traders of the VSO token are also eligible to receive random rewards over the next couple of weeks on Twitter, Telegram, and more – stay tuned!!!

New users need to sign up on Gate.io to participate. Read the official announcement from Gate.io for further details.

Stay tuned for more exciting details but make sure you are ready to participate in this competition! Don’t miss this chance to win exciting cash prizes over the next week!

Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations, so we strongly recommend that you understand all related information and be vigilant in regard to your investment actions.

About Verso:

Verso is a decentralized marketplace for centralized highly regulated financial industries. By allowing millions of mainstream consumers to gain easy and intuitive access to DeFi protocols without leaving the comfort of their preferred e-wallet app, Verso is enabling non-finance applications to offer financial products to their user base in a rapid and scalable manner. For more information, visit Verso.finance.

About Gate.io

Gate.io enables a new generation of global traders with the tools to access the revolutionary age of cryptocurrencies. The “Gate ecosystem” consists of Gate.io, Wallet.io, HipoDeFi and GateChain. Gate.io enables blockchain enthusiasts to trade and store assets in over 470 of the leading cryptocurrencies for over 4 million users from over 150 countries. It is a one-stop-shop for spot, margin trading, futures, perpetual contracts, staking, C2C loans, options and DeFi.

About Avalanche (AVAX)

Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Developers who build on Avalanche can easily create powerful, reliable, and secure applications with private or public blockchain networks. Avalanche gives you complete control on both the network and application layers–helping you build anything you can imagine.

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