We are excited to announce that FWX will now be leveraging <a href="https://www.chainalysis.com/" target="_blank" rel="noreferrer noopener">Chainalysis</a>, the blockchain data platform, to monitor transactions, evaluate source of funds through a proactive compliance strategy and effectively, build trust with customers. With Chainalysis data, FWX will be able to deliver the best user experience on our secure and compliant platform, <a href="https://fwx.finance/">fwx.finance</a>.



FWX has chosen to utilize Chainalysis’ data platform and software to reduce our potential exposure to malicious activity. As Chainalysis’ data platform is also used by law enforcement, financial institutions and crypto businesses around the world, we will be leveraging the same core data sets that are used by government agencies to regulate the industry, for our compliance and transaction monitoring capabilities.&nbsp; 



<blockquote class="wp-block-quote">
Credibility and security are very important to the sustainable growth of the <a href="https://wordpress.forwardx.space/?p=234" target="_blank" rel="noreferrer noopener">DeFi</a> industry and especially when providing decentralized services to users. Our customers are a priority for us at FWX, and we aim to instill a sense of confidence and security when customers engage with FWX’s platform. We are delighted to be working with Chainalysis to ensure that our platform is compliant and equipped with the right tools to manage risks.
<cite>Mr. Chanon Jaratsuttikul, FWX’s Co-Founder and Chief Executive Officer</cite></blockquote>



<blockquote class="wp-block-quote">
DeFi is one of the fastest-growing, most compelling areas of the cryptocurrency ecosystem, and there is no other area that embodies transparency as DeFi does. That said, this same transparency is what makes DeFi vulnerable, and the ability to track and trace funds is no longer a nice-to-have. We are excited to be empowering FWX with the blockchain analysis tools to launch their fwx.finance platform with capabilities to monitor transactions, identify potentially suspicious activity, and address it appropriately, while building trust with their customers and the larger DeFi ecosystem.
<cite>Joshua Foo, Regional Director, ASEAN &amp; Central Asia at Chainalysis</cite></blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



About FWX



FWX is a Decentralized Derivatives Platform, built on EVM based chains, that allows users to anticipate price direction or hedge their risk against price fluctuation using an advanced protocol named the Automated Position Hedger. FWX also offers two main services: a decentralized derivative exchange (DDEX) and lending and borrowing pool (LBPs). FWX aims to be the leading decentralized derivative platform which offers derivatives on a variety of underlying assets and revolutionizes the way people are trading.



About Chainalysis



Chainalysis is the blockchain data platform that provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 70 countries. The data powers investigation, compliance, and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases and grow consumer access to cryptocurrency safely.

FWX Strengthens compliance with Chainalysis

We’re back again with another question-and-answer game similar to the Brainless Game, but this time we come with a helper like Genie, who will ask you to answer 3 things. Let the excitement build as we wait to see what Genie asks each day and who gets chosen.



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<div class="is-content-justification-center is-layout-flex wp-container-1 wp-block-buttons">
<div class="wp-block-button" id="join-campaign"><a class="wp-block-button__link has-contrast-color has-vivid-purple-background-color has-text-color has-background wp-element-button" href="https://discord.com/invite/6t3HvPBFUE" style="border-radius:16px" target="_blank" rel="noreferrer noopener">Play Here</a></div>
</div>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



🔶 Campaign: 3 Wishes Genie Game



🔶 Period: 1 Mar 2023 &#8211; 31 Mar 2023 



🔶 Reward: 500 &#8211; 10,000 FWX per game



🔶 Venue: <a href="https://discord.com/invite/6t3HvPBFUE" target="_blank" rel="noreferrer noopener">Discord</a> and <a href="https://t.me/forwardcommunity" target="_blank" rel="noreferrer noopener">Telegram</a>



🔶 How to Play



<ul>
<li>Players can join the event via the General Chat on Discord and Forward Community on Telegram.</li>



<li>Activities will be held everyday. The team will randomly select time and platforms to play the games.</li>



<li>Genie starts the game by asking questions. For each question, the player has to correctly give all 3 answers to the question asked by Genie, with their answers not repeating the previous players. The number of winners in each round will vary.</li>



<li>Players can give only 1 answer (containing 3 sub-answers), and may not edit the answer. If a player wants to reply again, the original answer must first be deleted.</li>



<li>The admin will reward the players who answer the questions correctly according to Genie’s question and the fastest. The prize depends on the difficulty of the question.</li>



<li>The team will set the time to play each round 10-30 minutes before the close of play.</li>



<li>The team reserves the right to award prizes to winners who follow the rules only. </li>
</ul>



<div style="height:16px" aria-hidden="true" class="wp-block-spacer"></div>



🔶 Example



<ul>
<li>Genie: Tell me the name of 3 red fruits. Winner: 5 first winners who complete the task. Reward: 500 FWX each and 250 FWX for 2 random winners Do not edit the text. If you need to answer again, please delete your old one and answer again.</li>
</ul>



<ul>
<li>Answer format Apple / Cherry / Strawberry / 0xadb…..xyz</li>
</ul>



<div style="height:16px" aria-hidden="true" class="wp-block-spacer"></div>



🔶 Conditions



<ul>
<li>After the event has finished, your rewards will be saved for further token distribution.</li>



<li>We reserve the right to change the rules at any time if we see any game malfunction or any event that causes controversy.</li>



<li>We reserve the right for 1 user account for 1 answer and 1 wallet address only.</li>



<li>The decision of the team is final.</li>
</ul>



<div style="height:16px" aria-hidden="true" class="wp-block-spacer"></div>



☘️ The version upgrade of Brainless game is here.



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<a href="https://fwx.finance/" target="_blank" rel="noreferrer noopener">Website</a> | <a href="https://twitter.com/fwxfinance" target="_blank" rel="noreferrer noopener">Twitter</a> | <a href="http://t.me/fwxfinance" target="_blank" rel="noreferrer noopener">Telegram</a> | <a href="https://t.me/fwxcommunity" target="_blank" rel="noreferrer noopener">Telegram (Chat)</a> | <a href="https://www.facebook.com/fwxfinance" target="_blank" rel="noreferrer noopener">Facebook</a> | <a href="https://discord.gg/6t3HvPBFUE" target="_blank" rel="noreferrer noopener">Discord</a>

3 Wishes Genie Game

<div style="height:7px" aria-hidden="true" class="wp-block-spacer"></div>



We would like to announce the rebrand of our platform from Forward to <a href="http://fwx.finance" target="_blank" rel="noreferrer noopener">FWX</a>.



The purpose of this rebrand is to convey a better understanding of the product and to be more recognizable. FWX is the combination of Forward &#8220;FW&#8221; and &#8220;X&#8221; is the represent of &#8216;eXcellence&#8216; and &#8216;eXperience&#8216; which are our mission. We aim to be excellence in the industry and give the best experience to our users.&nbsp;



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="512" src="https://wordpress.forwardx.space/wp-content/uploads/2023/02/fwx-rebranding-announcement-1024x512.jpg" alt="" class="wp-image-282" srcset="https://wordpress.forwardx.space/wp-content/uploads/2023/02/fwx-rebranding-announcement-1024x512.jpg 1024w, https://wordpress.forwardx.space/wp-content/uploads/2023/02/fwx-rebranding-announcement-300x150.jpg 300w, https://wordpress.forwardx.space/wp-content/uploads/2023/02/fwx-rebranding-announcement-768x384.jpg 768w, https://wordpress.forwardx.space/wp-content/uploads/2023/02/fwx-rebranding-announcement-1536x768.jpg 1536w, https://wordpress.forwardx.space/wp-content/uploads/2023/02/fwx-rebranding-announcement-2048x1024.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



And lastly, we would like to update our progress. Currently FWX is under stage 3 of auditing by <a href="https://peckshield.com/" target="_blank" rel="noreferrer noopener">Peckshield</a> and we aim to launch the project in the second quarter of this year.



<div style="height:7px" aria-hidden="true" class="wp-block-spacer"></div>



Mr. Chanon Jaratsuttikul, FWX’s Co-Founder and Chief Executive Officer, said, 



<blockquote class="wp-block-quote">
This change in the brand name reiterates the position of the platform and allows our users to understand and more easily use the product we are working on. Although many people view DeFi as in a downturn, in reality it gives the development team, including FWX itself, some time to focus and develop this product fully, and this change will become one of the important pages in our company&#8217;s history, and allow us to build on other new products in the future as well.
</blockquote>



<div style="height:7px" aria-hidden="true" class="wp-block-spacer"></div>



Assistant Prof. Udomsak Rakwongwan Ph.D., Co-Founder and Advisor of FWX, added, 



<blockquote class="wp-block-quote">
FWX is committed to making the DeFi platform safe, accessible and sustainable. FWX has now passed a technical audit from two well-known companies, <a href="https://valix.io/" target="_blank" rel="noreferrer noopener">Valix</a> and <a href="https://inspex.co/" target="_blank" rel="noreferrer noopener">Inspex</a>, and are currently conducting security audits with a third company, Peckshield, a globally trusted auditor, as well as creating its own wallet designed to work with the platform in order to reduce the difficulty and increase the convenience of access. More than that, FWX uses a model of reward distribution to users in the form of &#8220;Real Yield&#8220;, where the money used as a return will come from the profit from the business model of the platform, aiming for the platform to grow rapidly and sustainably.
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<a href="https://fwx.finance" target="_blank" rel="noreferrer noopener">Website</a> | <a href="https://twitter.com/fwxfinance" target="_blank" rel="noreferrer noopener">Twitter</a> | <a href="http://t.me/fwxfinance" target="_blank" rel="noreferrer noopener">Telegram</a> | <a href="https://t.me/forwardcommunity" target="_blank" rel="noreferrer noopener">Telegram (Chat)</a> | <a href="https://www.facebook.com/defi.forward.official" target="_blank" rel="noreferrer noopener">Facebook</a> | <a href="https://discord.gg/6t3HvPBFUE" target="_blank" rel="noreferrer noopener">Discord</a>

Introducing FWX: Rebranding Announcement

After this, FWX will never let you get lonely again, and to do that we’ve organized Weekly Quizzy Quiz for everyone to compete in, guaranteeing knowledge and understanding of our platform, as well as the chance to win prizes every week!



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<div class="is-horizontal is-content-justification-center is-layout-flex wp-container-2 wp-block-buttons">
<div class="wp-block-button has-custom-font-size is-style-fill has-medium-font-size" id="join-campaign"><a class="wp-block-button__link has-contrast-color has-pale-cyan-blue-background-color has-text-color has-background wp-element-button" href="https://twitter.com/fwxfinance" target="_blank" rel="noreferrer noopener">Play Here</a></div>
</div>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



🔶 Campaign: Weekly Quizzy Quiz



🔶 Period: 25 Feb 2023 &#8211; Mainnet launch



🔶 Total Reward: 5,000 &#8211; 20,000 FWX per week



🔶 Venue: Twitter



🔶 How to Play



<ul>
<li>Participants must join the official Twitter of FWX. Everyone can join 1 Twitter account per 1 Wallet Address.</li>



<li>Events will be held every Saturday of each week. The team will post questions at 7:00 AM (UTC).</li>



<li>Each week&#8217;s questions will have a different format, whether it&#8217;s Q&amp;A, Choice, or Matching, and so on.</li>



<li>When answering the questions, those who think they know the answer can answer questions via a Twitter post right away, but we reserve the right to 1 Twitter account per 1 answer and 1 Wallet Address only.</li>



<li>The team will announce the lucky winner on Sunday randomly. The number of winners varies each week.</li>
</ul>



Example



Question: How long does FWX&#8217;s borrowing interest rate is unchanged?



<ul>
<li>A: 7 days</li>
</ul>



<ul>
<li>B: 14 days</li>
</ul>



<ul>
<li>C: 21 days</li>
</ul>



<ul>
<li>D: 28 days</li>
</ul>



Answer:&nbsp; D. 28 days / 0x28C…BC4DD&nbsp;



P.S. Answering questions is limited to 1 Twitter Account 1 Wallet Address



🔶 Conditions



<ul>
<li>After the event, your rewards and prizes will be saved for further token distribution.</li>



<li>We reserve the right to change the rules at any time if we see any game malfunction or any event that causes controversy.</li>



<li>We reserve the right for 1 Twitter account for 1 answer and 1 wallet address only.</li>



<li>The decision of the team is final.</li>
</ul>



☘️ Enjoy the activities that we have prepared. and may luck be on your side.



<a href="https://forward.market/home" target="_blank" rel="noreferrer noopener">Website</a> | <a href="http://t.me/forward_official" target="_blank" rel="noreferrer noopener">Telegram</a> | <a href="https://t.me/forwardcommunity" target="_blank" rel="noreferrer noopener">Telegram (Chat)</a> | <a href="https://twitter.com/DefiForward" target="_blank" rel="noreferrer noopener">Twitter</a> | <a href="https://www.facebook.com/defi.forward.official" target="_blank" rel="noreferrer noopener">Facebook</a> | <a href="https://discord.gg/6t3HvPBFUE" target="_blank" rel="noreferrer noopener">Discord</a>

Weekly Quizzy Quiz

For the important festival of love, February 14th, Forward has organized a lucky wheel of love activity for everyone, in which anyone can join in and win prizes easily without wasting money. What’s more, you can track your trader&#8217;s side by betting on winning and losing rewards, and you can choose the reward leverage (High Risk High Return) just by spinning the wheel.



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<div class="is-content-justification-center is-layout-flex wp-container-3 wp-block-buttons alignwide">
<div class="wp-block-button aligncenter"><a class="wp-block-button__link wp-element-button" href="https://forwardx.finance/campaign/valentine/" target="_blank" rel="noreferrer noopener">Play Here</a></div>
</div>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



🔶 Campaign: Wheelentine: Where Love Meets Luck



🔶 Period: Feb 14, 2023 (12.00am UTC) &#8211; Feb 16, 2023 (11.59pm UTC)&nbsp;



🔶 Total Reward: 500,000 Forward tokens + 50 USDT



🔶 How to Play



<ul>
<li>🔹You will need to create an account first to start playing. You can apply for 1 account per wallet address, per IP address. After applying, you will have your own Code to use to change your status.</li>



<li>🔹Everyone starts as Status: Single (x1.0 reward), and this will change to Couple (x1.5 reward) when you enter your couple&#8217;s Code and your couple must enter your Code as well. Status: Couple will be for both sides, and locked at the same time both have entered each other&#8217;s code. You will not be able to go back to single status again.</li>



<li>🔹You will start with 5 spin credits and you have the right to choose the item leverage (win and lose) from x1 to x5.</li>



<li>🔹Reward calculation (Win and Lose) will be calculated from (Status x Leverage x Reward) in each spin, so Couple status means you have high risk, high return, which will have some items that will not calculate for status and leverage. See more the details below:</li>
</ul>



Wheel details



<ul>
<li>The prize pool is 500,000 Forward tokens (Maximum) + 50 USDT in FCFLFS (First come, first luck, first served) format. The list of random items is as follows:</li>



<li>🔹0.2% | Jackpot 50 USDT | Can only be claimed once per campaign. If someone has already taken it, it will be changed to a Jackpot of 10,000 Forward tokens instead (Status and Leverage will not be affected)</li>



<li>🔹0.4% | Jackpot 10,000 Forward Tokens | Can only be issued 5 times (No effect on either Status or Leverage)</li>



<li>🔹1.4% | Cupid | Increases status 0.1x permanently | Status has no effect, but Leverage applies.</li>



<li>🔹3% | Love Potion | 1 Free Spin Credit | Status has no effect, but Leverage applies</li>



<li>🔹5% | Gift 1 VPoint | Get 1 VPoint and if you collect 2 VPoint you get an auto redeem of 1 Spin Credit | Status has no effect, but Leverage applies</li>



<li>🔹3% | Red Rose | Gain 500 Forward Tokens | Both Status and Leverage have effects</li>



<li>🔹5% | Love Letter | Gain random 250-500 Forward Tokens | Both Status and Leverage have effects</li>



<li>🔹7% | White Rose | Gain 250 Forward Tokens | Both Status and Leverage have effects</li>



<li>🔹25% | Chocolate | Loss random 250-500 Forward Tokens | Both Status and Leverage have effects</li>



<li>🔹20% | Ring Spin Again | Spin again without losing a spin credit | No effect on either Status or Leverage</li>



<li>🔹30% | Breaking Heart | No prizes are awarded | No effect on either Status or Leverage&nbsp;</li>
</ul>



If the Forward Tokens pool runs out, you can still spin but you won&#8217;t get any Forward Tokens and you can also lose your Forward Tokens (Chocolate) back to the pool so others can spin to win Forward Tokens. So, be greedy, but in moderation. 😆



Example Each item with 3x leverage (couple status) will have the following effect:



<ul>
<li>🔹Jackpot 50 USDT (same as before)</li>



<li>🔹Jackpot 10,000 Forward Tokens (same as before)</li>



<li>🔹Cupid (Increase of 0.3x permanently) and now you have x1.8 reward permanently for couple status.</li>



<li>🔹Love Potion (3 Free spin credits)</li>



<li>🔹Gift 3 VPoints (auto redeem 1 spin credit and remaining 1 VPoint)</li>



<li>🔹Red Rose (Gain 2,250 Forward tokens)</li>



<li>🔹Love Letter (Gain between 1,125-2,250 Forward tokens randomly)</li>



<li>🔹White Rose (Gain 1,125 Forward tokens)</li>



<li>🔹Chocolate (Randomly lose 1,125-2,250 Forward tokens)</li>



<li>🔹Ring Spin Again (Spin again without losing a spin credit)</li>



<li>🔹Breaking Heart (No prizes are awarded in that spin)</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



🔶 Condition



<ul>
<li>🔹We reserve the right for only 1 device per account. If we find that a player has signed up for more than one account, that player will be banned.</li>



<li>🔹We reserve the right to limit wins up to 20,000 Forward tokens per person throughout the campaign.</li>



<li>🔹After finishing the event, your rewards will be saved for further token distribution.</li>



<li>🔹We reserve the right to change the rules at any time if we see any game malfunction or any event that causes controversy.</li>



<li>🔹The decision of the team is final.</li>
</ul>



☘️ Wishing you a happy day of love and may love bring you luck



<a href="https://forward.market/home" target="_blank" rel="noreferrer noopener">Website</a> | <a href="http://t.me/forward_official" target="_blank" rel="noreferrer noopener">Telegram</a> | <a href="https://t.me/forwardcommunity" target="_blank" rel="noreferrer noopener">Telegram (Chat)</a> | <a href="https://twitter.com/DefiForward" target="_blank" rel="noreferrer noopener">Twitter</a> | <a href="https://www.facebook.com/defi.forward.official" target="_blank" rel="noreferrer noopener">Facebook</a> | <a href="https://discord.gg/6t3HvPBFUE" target="_blank" rel="noreferrer noopener">Discord</a>

Wheelentine: Where Love Meets Luck

Welcome to the Year of the Rabbit with Chinese New Year 2023! To celebrate, we have activities for you to join and try win a maximum of 200,000 Forward Tokens over 3 full days from January 20 to January 22, the details of which are as follows:



<hr class="wp-block-separator has-alpha-channel-opacity"/>



🔶 Campaign: Fortune Rabbit Event



🔶 Total Reward: 200,000 Forward Tokens



🔶 Period: Jan 20, 2023 (1PM UTC) — Jan 22, 2023 (1PM UTC)



🔶 Channel: Discord, Telegram, Twitter



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2>🔶 How to Join</h2>



<ol>
<li>🔸 January 20, 2023 (Discord): Packet Design<ul><li>🔹 Forward&#8217;s red packet design activity, where we will provide you with a template version of Forward red packets and you have to design the red packets as beautifully as you can, with the following conditions:</li><li>🔹 You use the words ‘Chinese New Year 2023’ in either Chinese or English.</li><li>🔹 You must have a rabbit, as it is a symbol of Chinese New Year this year, or a dragon, which is the symbol of China. Or both!</li><li>🔹 Red, gold, or any other festival-related theme</li></ul>We will select 20 lucky winners (5000 each) based on the opinions of the team, based on the criteria: beauty, creativity, and in accordance with the conditions we set, which will be announced on the last day of the campaign (January 22, 2023).&nbsp;</li>



<li>🔸 January 21, 2023 (1pm UTC) (Telegram): Lunar Puzzle
<ul>
<li>🔹 We&#8217;ll prepare a picture with a hint to a riddle for you, and you have to solve the clue puzzle in the picture.</li>



<li>🔹 There are 10 different answers, and the first 10 who answer correctly will receive 5000 Forward tokens each person.&nbsp;</li>
</ul>
</li>



<li>🔸 January 22, 2023 (1pm UTC) (Twitter): Rabbit Run<ul><li>We&#8217;ll prepare a GIF with a Rabbit Run for you, and you will need to take a screenshot showing the location of the symbol clearly and answer to the question of what order the following symbols should be in:<ul><li>🔺 5 Carrots</li><li>🔺 5 Red packets</li><li>🔺 5 Chinese lanterns</li><li>🔺 5 Forward logos</li></ul></li></ul>The first 20 people who capture a correct, clear and different positions will receive a reward of 2500 FORW each.</li>
</ol>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2>🔶 Rules and Conditions</h2>



<ul>
<li>🔸 We reserve the right to change the rules at any time if we see any game malfunction or any event that causes controversy.</li>



<li>🔸 The decision of the team is final.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



☘️ Wishing everyone luck with their red packets and a Happy Chinese New Year!



<a target="_blank" rel="noreferrer noopener" href="https://forward.market/home">Website</a> | <a target="_blank" rel="noreferrer noopener" href="http://t.me/forward_official">Telegram</a> | <a target="_blank" rel="noreferrer noopener" href="https://t.me/forwardcommunity">Telegram (Chat)</a> | <a target="_blank" rel="noreferrer noopener" href="https://twitter.com/DefiForward">Twitter</a> | <a target="_blank" rel="noreferrer noopener" href="https://www.facebook.com/defi.forward.official">Facebook</a> | <a target="_blank" rel="noreferrer noopener" href="https://discord.gg/6t3HvPBFUE">Discord</a>

Fortune Rabbit Event

Welcome New Year 2023 with the return of Trading Challenge Season 2! This season comes with more competitions and the addition of a weekly contest, including international competitions and, most importantly, the prizes are higher than last season &#8211; with a prize pool of more than 1,000,000 Forward tokens and a special prize of over 300 USDT. Participation details are as follows:



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<div class="is-layout-flex wp-block-buttons">
<div class="wp-block-button aligncenter" id="join-campaign"><a class="wp-block-button__link wp-element-button" href="https://forward.market/campaign/tradingchallengess2" target="_blank" rel="noreferrer noopener"> JOIN HERE</a></div>
</div>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



 🔶 Campaign: Trading Challenge&nbsp;Season 2



🔶 Period: Jan 16, 2023 (1PM UTC) — Mar 13, 2023 (1PM UTC)&nbsp;



🔶 Total Reward: 1,000,000 Forward tokens + Add on 300 USDT&nbsp;



🔶 How to play:



<ol>
<li>🔹 Anyone can join the game by connecting their wallet and filling in their information to register with the system.&nbsp;</li>



<li>🔹 No trade costs any money, but trading results are shown to PnL only.&nbsp;</li>



<li>🔹 At the start, everyone has PnL = 0. You can trade with 10 pairs with up to 5x leverage, both long and short.&nbsp;</li>



<li>🔹 The contract size of each pair for 1x leverage is fixed as follows:
<ul>
<li>BTC/FUSD contract size = 1 BTC&nbsp;</li>



<li>ETH/FUSD contract size = 10 ETH&nbsp;</li>



<li>BNB/FUSD contract size = 50 BNB&nbsp;</li>



<li>DOGE/FUSD contract size = 200,000 DOGE&nbsp;</li>



<li>LUNC/FUSD contract size = 100,000,000 LUNC&nbsp;</li>



<li>MATIC/FUSD contract size = 20,000 MATIC</li>



<li>SOL/FUSD contract size = 1,000 SOL</li>



<li>AVAX/FUSD contract size = 1,500 AVAX</li>



<li>SHIBA/FUSD contract size = 1,500,000,000 SHIB</li>



<li>LINK/FUSD contract size = 2,500 LINK</li>
</ul>
</li>



<li>🔹 Players have only two trade options: leverage and position direction (long or short).&nbsp;</li>



<li>🔹 You can check the Leaderboard results, which will show results in real-time with PnL calculated from the balance of Realized PnL + Unrealized PnL (Positions that have not been closed).</li>



<li>🔹 Prizes for the Trading Challenge will be divided into 3 categories: Individual (Individual PnL and Weekly PnL), International (Country PnL) and Random winners participating in the event. Details are as follows:
<ul>
<li>🔺 Individual competitions (Individual PnL) will be subdivided into competition throughout the campaign and weekly competitions. The contest throughout the campaign will be based on the top 30 PnL players after the campaign ends on March 13th (1PM UTC). After the campaign ends, the system will force close all your positions and will record your Realized PnL as trading results for 2 months.&nbsp;</li>



<li>🔺 For the weekly competitions, it measures up to 10 people with PnL each week, starting on the first week from January 16th (1PM UTC) to January 23rd (1PM UTC) onwards until March 13th (1PM UTC), a total of 8 weeks. The weekly PnL calculation is based on those who opened and closed positions during that week only (if you open a position on January 20th and close it on January 25th, with the weekly cutoff being January 23rd, then the PnL effect on your position will not be accounted for on a weekly basis. Since you did not open or close positions during the same week, but your PnL effect is still calculated per campaign)</li>



<li>🔺 International competition (Country PnL) will be calculated from the total PnL of the players in that country (according to registration) and will be a competition throughout the campaign. We will give rewards to the top 10 players who get the highest PnL from the top 3 countries, totaling 30 people only.</li>



<li>🔺 For Random lucky winners participating in the event, a total of 20 prizes will be randomly awarded. The right is reserved for people other than those who received the above prizes.</li>
</ul>
</li>
</ol>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2>🔶 Example of PnL Calculation&nbsp;</h2>



Alice opened a short position of LUNC at 3x leverage. LUNC’s entry price at the time was $0.0002, meaning that Alice believed LUNC’s price would drop and opened a total contract size of 300,000,000 LUNC at $0.0002 (contract size value $60,000).&nbsp;



<ul>
<li>🔹 If LUNC’s price drops to $0.00015 (+25%) and Alice closes the position, she will have a Realized PnL = +$15,000 (+25% of contract size value).&nbsp;</li>



<li>🔹 If LUNC’s price reaches $0.0003 (-50%) and Alice chooses to close the position, she will have a Realized PnL = -$30,000 (-50% of the contract size value).&nbsp;</li>



<li>🔹 Remark: If you open a position with 3x leverage, the percentage of PnL will be shown as the multiplying of leverage (3x). So, the above PnL percentages will be +75% and -150% respectively.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2>🔶 Rules and Conditions</h2>



<ol>
<li>🔺 No trade costs any money and there are no Trading Fees.&nbsp; You can open and close positions freely.&nbsp;</li>



<li>🔺 Each pair can only open up to 2 positions, short and long, and only 1 position each.&nbsp;</li>



<li>🔺 We reserve the right for only 1 device per account. If we find that a player has signed up for more than one account, that player will be banned.&nbsp;</li>



<li>🔺 We reserve the right to change the rules at any time if we see any game malfunction or any events that cause controversy.&nbsp;</li>



<li>🔺 The decision of the team is final.</li>
</ol>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2>🔶 Reward Distribution</h2>



<ol>
<li>🔹 Individual PnL per campaign
<ul>
<li>🔸 1st place 50,000 Forward tokens +50 USDT</li>



<li>🔸 2nd place 40,000 Forward tokens +40 USDT</li>



<li>🔸 3rd place 30,000 Forward tokens +30 USDT</li>



<li>🔸 4th-10th place 20,000 Forward tokens</li>



<li>🔸 11th-20th place 10,000 Forward tokens</li>



<li>🔸 21st-30th place 7,500 Forward tokens</li>



<li>🔸 Random Lucky 20 participants 3,000 Forward tokens</li>
</ul>
</li>



<li>🔹 Weekly PnL (Per week)
<ul>
<li>🔸 1st place 5,000 Forward tokens +10 USDT</li>



<li>🔸 2nd place 4,000 Forward tokens</li>



<li>🔸 3rd place 3,000 Forward tokens</li>



<li>🔸 4th-10th place 2,000 Forward tokens</li>
</ul>
</li>



<li>🔹 Country PnL (The 1st rank of top 3 countries will be rewarded with an additional +40 USDT)
<ul>
<li>🔸 1st country place (rank 1-10) 15,000 Forward tokens</li>



<li>🔸 2nd country place (rank 1-10) 10,000 Forward tokens</li>



<li>🔸 3rd country place (rank 1-10) 5,000 Forward tokens</li>
</ul>
</li>
</ol>



☘️ Get your trading skills ready for the trading contest to win prizes this time as well as invite your friends to join together to play and put your country in the top 3 for more rewards!



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<a target="_blank" rel="noreferrer noopener" href="https://forward.market/home">Website</a> | <a target="_blank" rel="noreferrer noopener" href="http://t.me/forward_official">Telegram</a> | <a target="_blank" rel="noreferrer noopener" href="https://t.me/forwardcommunity">Telegram (Chat)</a> | <a target="_blank" rel="noreferrer noopener" href="https://twitter.com/DefiForward">Twitter</a> | <a target="_blank" rel="noreferrer noopener" href="https://www.facebook.com/defi.forward.official">Facebook</a> | <a target="_blank" rel="noreferrer noopener" href="https://discord.gg/6t3HvPBFUE">Discord</a>

Trading Challenge Season 2

The festival everyone has been waiting for has arrived — the Christmas and New Year 2023 festival. On this occasion, we invite everyone to join in the activities to welcome Christmas and New Year at Forward, as we’ve organized a full 7 days, 7 activities, with a chance to win up to 700,000 Forward Tokens, with details as follows:



🔶 Campaign: Forward Celebration Week 🔶 Reward: Up to 700,000 FORW 🔶 Winners: depend on each day 🔶 Date and Time: 25–31 December 2022 🔶 Channel: Twitter, Discord, Telegram 🔶 How to Play:



Our event activities will be held for 7 days, 7 events, according to each platform as follows:



<ol>
<li>25 Dec 2022: Magic Colors (Twitter) starts at 11.00 UTC</li>



<li>26 Dec 2022: Celebration Frame (Twitter) starts at 11.00 UTC</li>



<li>27 Dec 2022: Find Me (Telegram) starts at 11.00UTC</li>



<li>28 Dec 2022: Creativity (Telegram) starts at 11.00UTC</li>



<li>29 Dec 2022: Word Puzzle (Discord) starts at 11.00UTC</li>



<li>30 Dec 2022: Lucky Gift (Discord) starts at 11.00UTC</li>



<li>31 Dec 2022: Forward Tour (Twitter) starts at 11.00UTC</li>
</ol>



Details on how to participate in each event will be announced on that day, so please follow closely!



<h2>🔶 Rules and Conditions:</h2>



We reserve the right to change the rules at any time if we see any game malfunction or any events that cause controversy and the decision of the team is final.



<h1>🎅🎅🎅🎅</h1>



☘️ Wishing everyone a very Merry Christmas and a Happy New Year!



<a target="_blank" rel="noreferrer noopener" href="https://forward.market/home">Website</a> | <a target="_blank" rel="noreferrer noopener" href="http://t.me/forward_official">Telegram</a> | <a target="_blank" rel="noreferrer noopener" href="https://t.me/forwardcommunity">Telegram (Chat)</a> | <a target="_blank" rel="noreferrer noopener" href="https://twitter.com/DefiForward">Twitter</a> | <a target="_blank" rel="noreferrer noopener" href="https://www.facebook.com/defi.forward.official">Facebook</a> | <a target="_blank" rel="noreferrer noopener" href="https://discord.gg/6t3HvPBFUE">Discord</a>

Forward Celebration Week: 7 Days 7 Activities

We are excited to announce that Kyber Ventures has joined the long journey with Forward with an undisclosed amount in the valuation.



<a href="https://forward.market/">Forward</a> is founded by a group of developers and tech researchers. The founders’ prior success was the launch of a well-known regulated crypto exchange in Thailand. Forward is currently developing a newly invented protocol for decentralized derivative trading, where short and long positions are matched against each other using an advanced protocol named <a href="/blogs/automated-position-hedger-aph-protocol" class="broken_link">Automated Position Hedger (APH)</a>. Forward DDEX acts as a counterparty to instantly match users&#8217; long and short perpetual Futures orders. As a result, Forward does not have limit order books and does not require market makers. The risk of the platform acting as a users&#8217; counter-party is completely hedged using the tokens in the lending and borrowing pools.



According to <a href="https://twitter.com/DSChanonCanon">Chanon Jaratsuttikul</a> our CEO and Co-founder said&nbsp;



<blockquote class="wp-block-quote">
Forward is inherently designed to be one of the next levels of DeFi among the Web3 battlefield. We aim to not only deliver a sustainable DeFi platform but also bring out new financial products that everyone around the world can access in the easiest way possible. The strategic support of Kyber would help us further evolve and empower our ecosystem and we are honored and delighted to make this announcement with Kyber, one of the world’s leading DeFi Project
</blockquote>



<a href="https://loiluu.com/">Loi luu</a> , Founder and Chairman of Kyber Ventures said



<blockquote class="wp-block-quote">
The recent FTX bankruptcy and several centralized players&#8217; collapse proved the need for DeFi. Kyber has been working hard for crypto and public blockchains&#8217; mass adoptions for the last 5 years and we are glad to have opportunities to support early-stage crypto Dapps like Forward to achieve our vision together.



Forward developed this new solution called Automated Position Hedger (APH) allowing the instant matching of users’ long and short perpetual future orders without the need for market makers and limit order books on a simple user interface. We believe Forwards unique approaches would bring innovation to the current decentralized derivative space and takes us one step closer to DeFi mass adoptions.
</blockquote>



With their insight, experience, and great advice will help Forward in all stages since product development to go to the global market efficiently.



This is an important milestone for the Forward team. We are thrilled to be building a core component of the decentralized financial ecosystem with our strong partners and investors.



<h2>About Kyber Ventures</h2>



<a href="https://www.kyber.ventures/">Kyber Ventures</a> is the investment arm of Kyber Group, a Web3 Tech focused group with popular products including a leading <a href="https://kyberswap.com/">KyberSwap</a> DEX &amp; an all-in-one non-custodial web3 wallet <a href="https://krystal.dapp/" class="broken_link">Krystal.</a> Kyber Ventures, founded and run by an OG web3 builder, wanted to support the entrepreneurs to build the next giants of the decentralized world.

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