VALR Crypto Exchange Launches Solana Summer Event With 300 SOL in Prizes

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As a seasoned researcher with extensive experience in the cryptocurrency market, I find VALR’s Solana Summer campaign to be an intriguing development for traders and enthusiasts in the Solana (SOL) community. With my background in analyzing blockchain projects and trading platforms, I am excited about this community-driven event that offers a 300 SOL prize pool without any registration forms or extra KYC checks.

VALR, a popular cryptocurrency exchange that offers both spot and futures trading, extends an invitation to crypto fans to take part in “Solana Summer” – a large-scale community initiative. The participation process is straightforward; registration forms and additional KYC verifications are not required. Traders can engage with the campaign and have a chance to win a portion of the 300 SOL reward pool.

VALR starts Solana Summer events with 300 SOL in rewards pool

VALR, a renowned crypto trading platform with a global presence, unveils the specifics of its upcoming Solana Summer community initiative. This much-awaited event is set to unfold from August 1st to September 31st, 2024. The total rewards pot for this campaign is limited to an enticing 300 SOL in prizes and random airdrops for attendees.

Cooking up a lil something for summer 🌞

— VALR (@VALRdotcom) July 29, 2024

The upcoming event is likely to establish VALR as a prominent trading destination for both the Solana (SOL) community and users of other SPL tokens residing within the Solana ecosystem.

During the Solana Summer, VALR will give out a total of 300 SOL in rewards and random airdrops. Every day, one fortunate user will receive 1 SOL as a gift. Moreover, top traders based on daily trading volume in spot, futures, and overall markets will be awarded substantial prizes each week.

To conclude, the five traders with the highest total trading volumes will collectively receive a reward pool of 100 Solana (SOL) tokens, equivalent to approximately $19,000 based on present prize values.

Ben Caselin, Chief Marketing Officer at VALR, extends a warm invitation to all crypto enthusiasts: Join us for the Solana Summer 2024 event on our platform and seize the opportunity to win enticing rewards.

I’m thrilled to announce that we’re launching the Solana Summer activity on VALR, and I couldn’t be more eager to share this news with our user community. This initiative was carefully designed to be inclusive and accessible to traders at all levels. The Solana Summer event on VALR is not just open to everyone; it also offers significant rewards for our top performers.

During the Solana Summer on VALR, several pivotal in-person conferences and gatherings related to Solana take place in South Africa and Asia. Additionally, there will be special podcasts and virtual events showcasing prominent figures within the Solana ecosystem, including founders, influential voices (Key Opinion Leaders or KOLs), and the trading community.

All major Solana-based tokens are eligible: See full list

Organizers made it clear that registration is not necessary for the Solana Summer event; simply trading SOL or other Solana crypto assets makes participants eligible for the random drawing.

The VALR team unveiled a diverse selection of tokens that can be utilized in reward-bearing activities. In the Marketplace area, traders can engage with SOL/USDC, SOL/USDT, SOL/ZAR, JUP/USDT, BOME/USDT, PYTH/USDT, W/USDT, and WIF/USDT pairs. Through the Simple Buy/Sell module, NEON, JITO, SOL, JUP, BOME, PYTH, W, WIF, and BONK traders are invited to participate.

Additionally, the following futures pairings – Solana/USD Tether Perpetual (SOL/USDT-perp), 1mOfi Token/USD Tether Perpetual (1MBONK/USDT-perp), and Waves/USD Tether Perpetual (WIF/USDT-perp) – qualify for distributions and games.

To guarantee a level playing field and promote inclusivity among traders, their positions will be publicly listed on the Solana Summer Leaderboard. Subsequently, remunerations will be allocated based on these open rankings.

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2024-07-29 19:01