Campaign period: 10 days, from May 18th 12:00 to May 28th 11:59 UTC
Reward 1: Trade and share the corresponding prize pools
During the campaign, new and existing users whose total MVL trading volume reaches certain tiers can share the corresponding prize pools worth 1,300,000 MVL in total.
Reward 2: Trade and gain rewards
During the campaign, the first 100 users whose MVL trading volume is no less than 5,000 USDT will be rewarded 1,000 MVL each. In total, 100,000 MVL will be given out on a first-come-first-serve basis.
Reward 3: Deposit and win rewards
During the campaign, users with a net deposit of no less than 5,000 MVL can share 100,000 MVL in proportion to their net deposit volume.
Rules and Terms:
- Campaign period: 10 days, from May 18th 12:00 to May 28th 11:59 UTC
- The valid trading pair that will count towards MVL trading volume is MVL/USDT. Trading volume will be calculated according to the following rules:
- Trading Volume = Sum (executed buys of all MVL pairs) + Sum (executed sells of all MVL pairs).
- Depositing or withdrawing via Poloniex will not be factored into the Trading Volume calculation.
- Trading volume will be calculated in USDT.
- Reward 1: Users reaching the MVL trading volume tires can share the corresponding prize pools in proportion to their trading volume. One user can get up to 10,000 MVL. Reward Calculation: One user's reward = (The user's MVL trading volume /Total trading volume of all users in the corresponding prize pool) * Volume in the corresponding prize pool.
For instance, if User A has a trading volume of 5,000 USDT during the campaign, while the total trading volume of all users who reach the MVL trading tier is 1,000,000 USDT, then here's what User A can get: 400,000 MVL*5,000/1,000,000=2,000 MVL.
- “Net Deposits” are defined as a user’s total deposits of MVL on Poloniex minus the user’s withdrawals. We calculate net deposits in the following way:
- Net deposits = Sum (deposit of MVL) - Sum (withdrawal of MVL)
- Buying MVL via Poloniex markets will not be factored into the net deposit calculation.
- Reward 3: Users with a net deposit of no less than 5,000 MVL can share 100,000 MVL in proportion to their net deposit volume. One user can get up to 5000 MVL. Rewards calculation: One user's reward = (The user's net deposit volume / All eligible users' total MVL net deposit volume) * 100,000 MVL.
For instance, if User B has a net deposit of 20,000 MVL during the campaign, while the total net deposit volume of all eligible users reached 500,000 MVL, then the reward User B can get is 100,000 MVL*20,000/500,000=4,000 MVL.
- Poloniex Plus Silver or higher-level members are not eligible for reward 1 and reward 2 of the campaign.
- Reward distribution: All rewards will be distributed in ten business days after the campaign ends. You can login to your account and check the airdrop rewards in Activity-Wallet.
- If we determine that an individual has used multiple accounts to win multiple prizes, we will distribute only one reward to that individual. We will distribute the most valuable of the rewards, as determined by the USD value.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country. Prohibited locations include: American Samoa, Cuba, Guam, Iran (the Islamic Republic of), Democratic People's Republic of Korea, Northern Mariana Islands, Puerto Rico, Seychelles, Syrian Arab Republic, United States minor outlying islands, the United States, and Virgin Islands (U.S.).
- The rules of the promotion shall be subject to Poloniex’s interpretations and decisions, which shall be final. We reserve the right to disqualify any person who is known or suspected to be cheating or violating any rules and regulations set by Poloniex.