Let's Go Saicho: Rewards
Let's Go Saicho has officially concluded. Here's how rewards are calculated, who is eligible, and how to claim.
Let's Go Saicho has officially concluded. Thank you to every trader who competed, built volume, and pushed the limits of what Sai's trading engine can handle. This document outlines how rewards are calculated, who is eligible, and how prizes will be distributed.
Competition Dates: February 18 – March 19, 2026 Total Prize Pool: $25,500 Distribution Method: Automatic — no manual claim required
Eligibility Requirements
To receive rewards, participants must meet all of the following criteria:
Appeared on the Compete Leaderboard during the competition period
Met all minimum requirements (volume, PNL, and milestone thresholds) for their respective phase
Did not engage in prohibited conduct, including:
Wash trading
Sybil activity (multi-accounting)
Artificial volume manipulation
Passed internal audit checks conducted by the Sai team
Complied with Sai's Terms of Service
Reward Structure
Phase 1
PNL (By % ROI and positive $ made)
20,000 USDC
50
Ranked
Phase 2
Volume (Be Early)
5,500 USDC
50+
First Come First Serve & Proportional
Phase 1: PNL Competition
Reward Pool: $20,000 USDC | Focus: Percentage ROI across closed positions
Rank 1
6,250 USDC
$1M+
$100
Rank 2
3,125 USDC
$1M+
$100
Rank 3
1,250 USDC
$1M+
$100
Rank 4–10
625 USDC each
$50K+
$50
Rank 11–50
625 USDC each
$50K+
$25
Phase 1 Rules
Rankings are determined by percentage PNL (ROI) — not absolute dollar profit
Only closed positions count toward PNL standings
Participants must meet both the volume and minimum PNL thresholds to qualify for their rank tier
Phase 2: Volume-Based Rewards
Reward Pool: $5,500 USDC | Focus: Volume-based rewards across three tracks
4,000 USDC
Shared among all traders who cross $50K in Phase 2 volume. The more volume you trade, the larger your share of this pool. All Phase 1 activity counts toward Phase 2.
1,000 USDC
Split evenly among the first 50 traders to reach $10K in Phase 2 volume.
500 USDC
Awarded to the single trader with the highest total volume in Phase 2.
Phase 2 Rules
Reach $10K volume → Eligible for the First Come First Serve pool (first 50 traders only)
Reach $50K+ volume → Eligible for proportional share of the $4,000 pool
Compete for highest total volume → Win the $500 bonus (stackable with other Phase 2 rewards)
How to Claim Rewards
No manual claim is required. A final board with qualified recipients will be accessible on the Compete Leaderboard. Eligible users will:
Receive rewards automatically to their connected wallet
Be able to verify distribution via:
Onchain transaction history on Nibiru Chain
Sai dashboard updates
Rewards will be distributed in USDC on Nibiru Chain (ERC-20).
Note: Winners will be announced after the competition concludes (sometime after March 20th). Payout instructions and timelines will be communicated via official Sai channels.
What the Competition Achieved
Let's Go Saicho rewarded both performance and participation — from high-skill traders generating strong PNL to early users actively building volume on Sai.
Across both phases, traders competed on:
Strategy and execution in the PNL phase
Consistency and sustained activity in the volume phase
The competition helped stress-test Sai's trading engine, onboard new users, and establish a foundation for future incentive programs.
What's Next for Sai
Sai will continue to evolve with:
More markets across crypto, equities, and commodities
Mobile app
Improved trading infrastructure and UX
New earning opportunities through trading, liquidity, and integrations
Stay ready. Trade like a pro.
FAQ
How do I know if I qualified?
A final leaderboard of qualified recipients will be published on the Compete Leaderboard after the competition concludes. If you appear on it and have met all thresholds, you're eligible for rewards.
What could disqualify me?
Engaging in wash trading, sybil activity (multi-accounting), or any form of artificial volume manipulation will result in immediate disqualification and forfeiture of all rewards. The Sai team reserves the right to audit all trading activity.
Do I need to do anything to claim my rewards?
No. Rewards are distributed automatically to your connected wallet. No manual claim is required. Monitor your wallet and the Sai dashboard for confirmation.
When will rewards be distributed?
Let's Go Saicho payouts will be made shortly after the competition end date. The team will validate and verify the trading activity to ensure fairness and legitimate behavior.
What currency are rewards paid in?
All prizes are paid in USDC on Nibiru Chain (ERC-20).
Can I earn from multiple Phase 2 tiers at once?
Yes. If you qualify for the early-volume pool and also cross the $50,000 volume threshold for the $4,000 shared pool, you earn from both. The top-volume bonus also stacks on top of any other Phase 2 rewards.
Does Phase 1 volume count toward Phase 2?
Yes. All trading activity from Phase 1 counts toward your Phase 2 volume total.
What if fewer than 50 traders reached $10K in Phase 2?
Sai reserves the right to distribute remaining prizes to the next most qualified participants, or may choose not to distribute the unused portion of the prize pool.
What if I'm not in the top 50 for Phase 2's First Come First Serve pool?
If you crossed $50K in volume, you're still eligible for a proportional share of the $4,000 pool — and if you had the highest total volume overall, you're eligible for the $500 top-volume bonus.
Questions?
For more details on Sai's trading mechanics, collateral options, and market listings, explore the Sai documentation.
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