The Gold League (PnL Remix)

In The Gold League, you’ll compete to rack up the highest PnL in five days. Play it smart, and you’ll walk away with a chunk of the 50,000 Blast Gold prize.

How to Play

The Gold League will measure your performance in a single market, which will be shared here soon…

When it opens, players will trade YES/NO shares, with each trade affecting their cumulative PNL score. This data will be used to rank them on the TGL Leaderboard, which will allow them to track their progress (and potential Gold payout) in real time.

When the competition closes, those leaderboard ranks are locked in — and top-ranked players will take home their share of the prize pool.

The Details

Prize pool	50,000 Blast Gold
Top prize	10,000 Blast Gold
'Special' prize	5,000 Blast Gold
Number of winners	500
Market opens (for liquidity)	14:00 (UTC), Nov 28th
Market becomes tradable	15:00 UTC, Nov 28th
Competition ends (calculation period begins)	14:00 (UTC), Dec 3rd
Results finalized	14:00 (UTC), Dec 4th

Note that the market opens an hour before it becomes tradable. This period will allow for liquidity to be added to the market, which is incentivized via an allocation of 10% of Predict’s points.

Want a slice of the action? Place limit orders during this time to earn points.

Since execution is impossible in the one-hour grace period, certain orders may overlap.

When the market opens, all overlapping orders will be executed immediately — and the competition begins!

How Is PnL Calculated?

Easy. It’s just the following calculation:

profit - cost

For instance, if you sold a share for 60c that you purchased for 20c, you would have a PnL of 60-20, or +40c.

In the above calculation, profit comes from trading actions (selling shares, merging complementary YES/NO shares, redeeming winning shares, and their current market value).

What’s the Best Strategy?

Trading well.

You’ll want to take advantage of the market’s swings to run up your profit.

The Small Print

• Only one prize per account

• Bid size is limited to a $10 minimum

• Regardless of whether they’ve been claimed, when the market closes:

  • all losing shares will be valued at $0

  • all winning shares will be valued at $1

• In the event of a tiebreak between players, the winner will be the one that last sold a share

  • In the event of a second tiebreak where the first is insufficient, account age will determine the winner

• While this competition focuses on buying/selling, merging is permitted

Malicious attempts to game the ranking system will result in disqualification and expulsion from The Gold League. If you’re unsure if a particular action falls under this definition, please reach out in our Discord server before proceeding.