Wattpad and its community hold a series of events throughout the year, every year! The most notable of these contest events is the Watty Awards, but certain programs such as the Ambassadors hold contests and awards of their own to engage the community, and Wattpad itself also holds contests by working together with its brand partners for special occasions.
Whatever the event, they are always worth participating in. Make sure to check out more about contests here on the Wattpad Wiki!