Dear Poloniex Users,
The Hong Kong Web3 Carnival event is fully underway in April 2023, with a focus on showcasing and demonstrating blockchain, cryptocurrency, and decentralized applications. Participants can expect informative talks and networking opportunities, with the goal of keeping participants up-to-date on the latest developments, trends, and directions in the industry.
As the Hong Kong Web3 Carnival live event takes place, Poloniex is launching an online event with a Web3 Carnival theme. You and your friends are invited to participate in trading Web3 concept tokens and share a prize pool of $50,000. Come join the festivities! Join in on the fun, invite your friends to participate, and discover the endless surprises that Web3 has to offer!
Campaign period: 14 days, April 13, 2023 at 11:00 – April 27, 2023 at 10:59 (UTC)
Exclusive $20,000 For Inviting New Users
Throughout the campaign duration, both the inviting and invited users will receive a 10 TRX bonus if the invited friend registers on the exchange and the spot trading amount of the specified token is ≥500 USDT. There is no limit to the number of invited users, and each user can receive up to three referral rewards. The total prize pool of $20,000 TRX will be awarded based on the trading volume of the invited users in sequential order.
Transaction Ranking Prizes Worth $30,000
Users who engage in specified token spot trading pairs with the highest cumulative transaction volume during the campaign period will have the opportunity to share a $30,000 TRX prize pool. Further details regarding the rewards are outlined below:
| Ranking based on cumulative transaction volume | TRX Rewards | Minimum Cumulative Transaction Threshold |
| 1 | $10,000 | 10,000,000 |
| 2 | $8,000 | 8,000,000 |
| 3 | $6,000 | 6,000,000 |
| 4-10 | Distribution of $2,500 based on transaction volume | 300,000 |
| 11-100 | Distribution of $2,000 based on transaction volume | 20,000 |
| Eligible Users | Distribution of $1,500 based on transaction volume | 200 |
Please note:
- Newly registered users can enjoy a weighted benefit of 1.2 times on their trading volume during the campaign period.
- Prize calculation: Prize for a single user = (cumulative transaction amount of the individual / cumulative transaction amount of all users in the ranked level) * total reward pool * proportion of the reward pool that can be shared.
- The maximum amount of rewards shared by a single user ranked 4-100 is the actual reward pool ratio * 15%. The maximum reward amount shared by a single user who meets the standard is the actual reward pool ratio * 5%.
- When the minimum transaction requirement of the ranked user is not met, the ranking of the user will be carried forward until the minimum transaction requirement is met.
Rules and terms:
- Campaign period: 14 days, April 13, 2023 at 11:00 – April 27, 2023 at 10:59 (UTC)
- The specified trading pairs in the spot market for this campaign: APT, ARB, DOT, FIL, GRT, ICP, INJ, NEO, LINK, POOLX, RNDR, SC and STEEM.
- This campaign is not open to market makers.
- Reward distribution: Rewards will be distributed in USDT within 20 days after the campaign ends. You can log in to your account and check the rewards in Activity > Wallet.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country/region. Prohibited countries/regions are as follows: Crimea, Democratic Republic of Congo, Iran, Iraq, Libya, Mali, North Korea, Palestine, Syrian Arab Republic, Somalia, Sudan, Zimbabwe, Afghanistan, Cote d'Ivoire, Yemen, Lebanon, Myanmar, Chinese Mainland, Cuba, United States of America and all U.S. territories, and any country or region subject to an embargo or other similar sanctions imposed by the U.S., the U.K., or the European Union (the "Restricted Territory").
- All Poloniex employees are considered insiders as they are aware of inside information in the course of their duties, whether intentionally or unintentionally. Likewise, non-Poloniex employees who are informed of such information are also considered insiders. Insiders must abide by the following rules to prevent any insider trading:
- The insider information must be kept strictly confidential and not disclosed to non-insider personnel (including family & relatives) inside or outside of Poloniex.
- Insiders are not permitted to use their corporate or personal accounts to trade on Poloniex.
- The rules of the campaign shall be subject to Poloniex’s interpretations, amendments, and decisions, which shall be final. To ensure a fair campaign, we reserve the right to disqualify any user who is known or suspected to have cheated or violated the rules set by Poloniex (e.g., using multiple accounts to win multiple prizes).
Poloniex Team
April 12, 2023
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Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. You are solely responsible for your investment decisions and Poloniex is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.