There are different ways to volley transfer. The easiest way I think is to find a small inactive ally and volley it back and forth with the person you're transferring to not keeping the ally.
Don't talk about discounted nobs, against ToU and will get you banned.
As I understand it, prestige is reset, then top 200 clans in strength are eligible to enter the system, to take part in 8 wars, and whoever wins the most gets into the finals.