VALR launches Solana Summer event with 300 SOL in rewards

VALR launches Solana Summer event with 300 SOL in rewards

By Charles Thuo - min read
VALR launches Solana Summer event with 300 SOL in rewards
  • VALR’s Solana Summer runs from August 1st to September 31st with 300 SOL in rewards.
  • Daily, one participant wins 1 SOL; the top 5 traders share a final pool of 100 SOL.
  • The event includes major in-person activities, podcasts, and online events with notable Solana figures.

VALR is set to captivate the crypto community with its upcoming Solana Summer event, running from August 1st to September 31st, 2024.

The event promises to be a major draw for traders with its substantial prize pool of 300 SOL and various lucky airdrops throughout the campaign.

The Solana Summer event on VALR

The Solana Summer event is designed to enhance trading activity on VALR by offering daily rewards and competitive incentives.

Each day, one fortunate participant will receive 1 SOL, while the top traders, based on their Spot, Futures, and combined trading volumes, will be rewarded from significant prize pools.

The grand finale will see the top 5 traders by combined volume sharing a total reward pool of 100 SOL.

Participation is seamless for users with a fully verified VALR account. Traders need only engage in trading Solana’s SOL or any SPL-native token listed on VALR to be eligible.

Eligible trading pairs for the event include Spot pairs like SOL/USDC, SOL/USDT, SOL/ZAR, and others, as well as Futures pairs such as SOL/USDT-perp.

Rankings will be updated on the Solana Summer Leaderboard, ensuring transparency and fair distribution of rewards.

Solana-related podcasts and online events

The event aligns with major in-person activities in South Africa and Asia and will be complemented by Solana-related podcasts and online events. These will feature prominent figures in the Solana ecosystem, offering participants valuable insights and engagement opportunities.

VALR’s inclusive approach ensures that traders of all levels can benefit from this exciting summer initiative.

VALR, founded in 2018 and headquartered in Johannesburg, is a leading global crypto exchange. It serves over 1,000 corporate and institutional clients and has received $55 million in funding from notable investors, including Pantera Capital and Coinbase Ventures, the investment arm of Coinbase.