$LAVA Trading Competition is Live on Base
Trade, compete, and earn your share of 2,800,000 $LAVA on Velvet.
Things are heating up.
The $LAVA trading competition is officially live on Velvet on Base, with 2,800,000 $LAVA in total rewards up for grabs for traders and stakers.
This campaign runs until February 9th, giving participants the opportunity to earn rewards while trading one of the most unique on-chain games currently live on Base.
Trade $LAVA on Base and earn!
What is $LAVA?
LAVA is an on-chain game built on Base and Base App that turns trading into a high-stakes game of timing, strategy, and conviction.
At its core, LAVA works like this:
A 24-hour countdown timer is always running
Any user who buys 1% of the ETH LP resets the timer
If the timer ever hits zero, the last qualifying buyer wins 50% of the ETH prize pool
The current prize pool sits at roughly ~4 ETH.
To raise the stakes further, LAVA introduces a rising floor price that blocks sells below it:
Floor increases 5% per day for the first 90 days
Then 1% per day thereafter
Each entry becomes progressively more expensive, turning the game into a battle of patience and pressure. Eventually, someone blinks. The game resets. And it starts again.
Users can still buy and sell smaller amounts, but only buys larger or equal to 1% of LP reset the timer, making those moments the key inflection points.
Learn more: https://floorislava.xyz/faq
Is LAVA a Memecoin?
No. While LAVA may look like a memecoin on the surface, it is a rules-based onchain elimination-style game with real ETH mechanics, fully enforced by smart contracts.
There is zero reliance on hype or promises. Every outcome is driven by transparent, predictable rules that anyone can verify onchain.
Think of LAVA as a ponzinomic-style game, but with clearly defined mechanics, fixed incentives, and no discretionary control.
Nothing is narrative-driven.
Nothing is subjective.
The system runs purely on player behavior and onchain logic.
How to Win: $LAVA Rewards Breakdown
Total Prize Pool: 2,800,000 $LAVA
Chain: Base
Campaign End: February 9th
Rewards are distributed across early traders, high-volume traders, and top Velvet stakers.
First 100 Traders – 560,000 $LAVA
Be among the first 100 users to trade at least $100 worth of $LAVA on Velvet
These users will split 560,000 $LAVA equally
Volume-Based Rewards – 1,960,000 $LAVA
Trade $LAVA on Velvet from now until the campaign ends
Minimum $100 trading volume required to qualify
1,960,000 $LAVA will be distributed proportionally based on total trading volume
Higher volume means a larger share of rewards
Top 20 Stakers – 280,000 $LAVA
The top 20 veVELVET holders on Velvet will split 280,000 $LAVA
Rewards long-term alignment with the Velvet ecosystem
No trading required
All rewards will be distributed after the campaign concludes.
Why Trade $LAVA on Velvet?
Fast Base execution powered by Velvet’s intent-based routing
One-click swaps with optimized liquidity
Exposure to a live onchain game with real ETH incentives
Leaderboard-based rewards for active traders
Earn Gems on every trade and boost your current Epoch ranking
Earn 2x Gems When You Trade $LAVA
During the $LAVA trading competition, every $LAVA trade earns 2x Gems on Velvet.
What Are Gems?
Velvet Gems are part of a long-term rewards campaign distributing 968,305 $VELVET to active users.
You earn Gems by:
Trading tokens
Staking $VELVET
Referring friends
Managing DeFi portfolios
Key Mechanics
Mine daily. Claim your Gems every 24 hours or they disappear
Daily activity equals daily rewards. Stay active to stack more Gems
$VELVET rewards drop on February 10, distributed based on Gems mined
The more you mine, the bigger your share
With 2x Gems active, trading $LAVA is one of the fastest ways to climb the leaderboard while participating in one of Base’s most competitive onchain games.
Start Trading $LAVA on Base
Whether you’re here for the game mechanics, the ETH prize pool, or the trading rewards, now is the time.
Trade $LAVA on Velvet
Learn more about LAVA: https://floorislava.xyz/faq
High stakes. Rising floors.
Only on Velvet.