This is a detailed example of a contest that including two rounds in competition.

Note:

• At each step, click [Save] to save the settings.
• Prize structure of all rounds are required to set up.
• Total Prize Value = Total Participation Fee - Organization Fee - System Fee + Total Donation 
  (in FXCE)
• Total Prize Value in this example is 10,000 FXCE
• The default start time of the contest is the start time of round 1 (server time)
• The default end time of the contest is the end time of final round (server time)
• Contest rounds starts from 00:00:00 on the start day to 23:59:59 on the end day server time)
• The start time of the next round cannot be prior to the end time of the previous round.

1. Round 1

Step 1: Disqualification Criteria

User can set up multiple rounds by clicking [Add Round].

Example:

• Round name: Fighter1
• Time: from 00:00:00 25/01/2022 to 23:59:59 05/02/2022 (server time)
• Disqualification:
  
  • Accounts with total profit =< 100 or;
  • Gain =<10% will be eliminated

Step 2: Prize structure

• Criterion: Total Profit
• Prize name: Master1
• Contestants who finish round 1 with total profits in the top 1 - 20 will receive a total of 40% of the total prize value
• The total prize value is 10,000, then each of these top 20 will be rewarded:
  (10,000*40%)/20= 200 FXCE

2. Round 2

Similar to step 1 round 1, disqualification criteria in 2nd round:

• Round Name: Fighter2
• Time: from Feb 6, 2022 to Feb 16, 2022
• Disqualification
  
  • Accounts with total profit =< 200 or;
  • Gain =< 15% will be eliminated

Similar to step 2 round 1, the prize structure for 2nd round:

• Criterion: Total Profit
• Prize name: Master2
• Contestants who pass round 1, enter in round 2 and end round 2 with total profits in top 4 - 10 will receive a total of 30% of the total prize value.
• With a total prize pool of 10,000, each contestant in this top will receive:
  (10,000*30%)/7= 428 FXCE

3. Final Prize

• Disqualification criteria for this contest:
  • Total profit <= $200; or
  • Gain <= 15%
• Final Prize: SMaster
• Top 2 - 3 (Second & Third Place) will receive 15% of the total prize value of 10,000. Each contestant will receive: (10,000*15%)/2= 750 FXCE
• Top 1 (First Place) will receive 15% of the total prize value of 10,000:
  10,000*15% = 1500 FXCE

***Note: If the total reward ratio for all the prizes is not 100% yet, the remaining prize value for the final prize after awarding the rounds will be divided proportionally.

Example: The total prize pool is 10,000

• Round 1 prize: 30%
• Round 2 prize: 30%
• Final prize: 20%, of which:
  • 10% for first place
  • 5% for second place
  • 5% for third place

After rewarding for round 1 and round 2, remaining prize value is 40%*10,000 = 4,000 for final prize. But with this example, the final prize just comprises 20%. In this case the system will automatically divide the final prize according to the following ratio:

• First place: (10/(10+5+5))*4000 = 2000 FXCE
• Second place: (5/(10+5+5))*4000 = 1000 FXCE
• Third place: (5/(10+5+5))*4000 = 1000 FXCE

***Note: All information will not be editable after activating the contest.