Primit Concludes Successful Trading Campaign on Avalanche

Primit has officially finished its first two week trading campaign on the Avalanche network. The event ran from July 15 to July 28 and aimed to attract new traders by offering daily prize pools. To qualify, users needed to hit a daily trading volume of at least 200 dollars. This low barrier to entry encouraged participation from traders of all sizes, resulting in over 10,000 active wallets during the period.

The campaign distributed 100,000 dollars in total rewards to 280 winners. One notable aspect of the event was its focus on transparency. The platform published daily winner lists and allowed users to verify the results on the blockchain. This move was intended to build trust within the community, especially as the team wanted to demonstrate that rewards were available to everyday traders rather than just high volume whales.

The team credited the success of the campaign to the performance of the Avalanche network. Low gas fees and fast transaction speeds allowed users to reach trading thresholds quickly and cheaply. Following the conclusion of this first season, the team is already working on the next phase. They plan to return with larger prize pools and updated rules, which they expect to announce in the coming weeks.