# Let's Go Saicho: Rewards

**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 were calculated, who was eligible, and how prizes were distributed.

**Competition Dates:** February 18 to March 19, 2026\
**Total Prize Pool:** $25,000\
**Distribution Method:** Automatic, no manual claim required

The final public record of reward distribution is captured in the payout transactions below.

## Final Reward Payouts

Reward distribution was completed on **March 27, 2026** in two final transactions, one for each competition phase.

* [Phase 1 Rewards](https://safe.nibiru.fi/transactions/tx?safe=cataclysm-1:0x22CBd7CbF3b33681abB3Ced4D64d71acB9a9dCd2\&id=multisig_0x22CBd7CbF3b33681abB3Ced4D64d71acB9a9dCd2_0xdfb9bc786cb97bd4f358a07183f5c8ee711e2b358e18271b51438e1e855eb47d), final Safe payout transaction for qualified Phase 1 recipients
* [Phase 2 Rewards](https://safe.nibiru.fi/transactions/tx?safe=cataclysm-1:0x22CBd7CbF3b33681abB3Ced4D64d71acB9a9dCd2\&id=multisig_0x22CBd7CbF3b33681abB3Ced4D64d71acB9a9dCd2_0xcc0108446ae59c6e96dbb51970ab6fda054c028db600288a4554ebc2830cfc3c), final Safe payout transaction for qualified Phase 2 recipients

Phase 1 paid 22 qualified recipients and distributed 8,125 USDC. Phase 2 paid 47 qualified recipients and distributed 5,510 USDC, including 34 traders in the shared pool for crossing $50K in volume and 13 traders in the early-volume pool for being among the first to reach $10K in volume.

No manual claim was required. Rewards were distributed automatically in **USDC on Nibiru (ERC-20)**.

Final eligibility was determined after reviewing onchain payout data, trade- level records, how long positions were open, and competition source data from the CSV and JSON artifacts used to evaluate thresholds, trading activity, and integrity checks. This review included the underlying leaderboard and payout artifacts, plus trade-level fields used to confirm that rewarded activity was substantive and not artificial.

Recipients can verify payout via:

1. The two Safe payout transactions listed above, which are the canonical public payout record
2. Onchain transaction history on Nibiru
3. Sai dashboard records and leaderboard outcomes

> **Finality Note:** Distribution is complete and final as of March 27, 2026.

## Eligibility Requirements

To receive rewards, participants must meet **all** of the following criteria:

1. Appeared on the [Compete Leaderboard](https://app.sai.fun/leaderboard/) during the competition period
2. Met all minimum requirements (volume, PNL, and milestone thresholds) for their respective phase
3. Did not engage in prohibited conduct, including:
   * Wash trading
   * Sybil activity (multi-accounting)
   * Artificial volume manipulation
4. Passed internal audit checks conducted by the Sai team
5. Complied with Sai's [Terms of Service](https://docs.sai.fun/resources/legal/terms-of-use)

## Reward Structure

The reward tables below describe the campaign rules and payout criteria. The final payout transactions reflect the results after integrity review and the set of actually qualified recipients.

| Phase   | Category                           | Prize Pool  | Winners | Distribution Type                     |
| ------- | ---------------------------------- | ----------- | ------- | ------------------------------------- |
| Phase 1 | PNL (By % ROI and positive $ made) | 18,750 USDC | 25      | Ranked                                |
| Phase 2 | Volume (Be Early)                  | 6,250 USDC  | 50+     | First Come First Serve & Proportional |

### Phase 1: PNL Competition

**Reward Pool:** $18,750 USDC | **Focus:** Percentage ROI across closed positions

| Rank          | Prize         | Volume Requirement | Min PNL ($) |
| ------------- | ------------- | ------------------ | ----------- |
| Rank 1        | 6,250 USDC    | $1M+               | $100        |
| Rank 2        | 3,125 USDC    | $1M+               | $100        |
| Rank 3        | 1,250 USDC    | $1M+               | $100        |
| Rank 4 to 10  | 625 USDC each | $50K+              | $50         |
| Rank 11 to 25 | 250 USDC each | $50K+              | None        |

#### 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:** $6,250 USDC | **Focus:** Volume-based rewards across three tracks

| Prize Pool | How to Qualify                                                                                                                                                        |
| ---------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| 4,750 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 $4,750 pool
* Compete for **highest total volume** → Win the $500 bonus (stackable with other Phase 2 rewards)

## 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

{% tabs %}
{% tab title="Eligibility & Disqualification" %}
**How do I know if I qualified?**

Eligibility was finalized after the competition and internal review. If your account met the published thresholds, passed integrity checks, and was included in the final reward payouts linked above, you were eligible for rewards.

**What could disqualify me?**

Engaging in wash trading, sybil activity (multi-accounting), or any form of artificial volume manipulation results in disqualification and forfeiture of all rewards. The Sai team audited activity and removed accounts that showed obvious gaming patterns, including ultra-short repetitive trades with unrealistically small P\&L changes that appeared designed to manipulate competition metrics. That review was based on a broader analysis of onchain data, trade-level records, position duration, and the competition CSV and JSON source data used to verify thresholds and filter out low-substance or manipulative behavior.
{% endtab %}

{% tab title="Rewards & Distribution" %}
**Do I need to do anything to claim my rewards?**

No. Rewards were distributed automatically. See **Final Reward Payouts** above for payout details and verification methods.

**When were rewards distributed?**

See **Final Reward Payouts** above for the completed payout transactions from March 27, 2026.

**What currency are rewards paid in?**

All prizes are paid in **USDC on Nibiru (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 $4,750 shared pool, you earn from both. The top-volume bonus also stacks on top of any other Phase 2 rewards.
{% endtab %}

{% tab title="Phase Rules" %}
**Does Phase 1 volume count toward Phase 2?**

Yes. All trading activity from Phase 1 counts toward your Phase 2 volume total.

**How many traders ultimately qualified for Phase 2 rewards?**

Phase 2 paid 47 qualified recipients. Of those, 34 traders qualified for the shared pool for crossing $50K in volume, and 13 traders qualified for the early-volume pool for being among the first to reach $10K in volume.

**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 $4,750 pool, and if you had the highest total volume overall, you're eligible for the $500 top-volume bonus.
{% endtab %}
{% endtabs %}

## Questions?

For more details on Sai's trading mechanics, collateral options, and market listings, explore the [Sai documentation](https://docs.sai.fun/readme).

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***

**Ready for the next one?** Head to [app.sai.fun](https://app.sai.fun)