We’re holding a 7 day DMM Governance Token Trading Competition to celebrate our recent DMM Governance Token (DMG) listing.
Competition Period: August 25, 2020 at 19:00 UTC to September 1, 2020 at 18:59 UTC
During this competition, every DMG trader with trading volume (as defined in the Terms and Conditions below) at or above 1,000 DMG across all DMG pairs will win from a total prize pool of 15,000 DMG.
Prizes will be distributed within two weeks after the competition ends on September 1st.
Terms & Conditions
- Promotion is subject to the DMM Governance Token Trading Competition Official Rules available at https://support.poloniex.com/hc/en-us/articles/360052632434 (the “Official Rules”).
- Promotion Period: 7 days - 19:00 UTC on 25th August 2020 to 18:59 UTC on 1st September 2020.
- Some users will be able to monitor their position and rank on a page hosted on the Poloniex site. The requirements to be able to receive a Trading position and ranking position are as follows:
- Users who have traded greater than or equal to 70 DMG in trading volume will be ranked among other qualifying users and will be able to see their cumulative trading volume.
- To qualify for any prize pool, users must trade greater than or equal to 1,000 DMG in trading volume during the competition period.
- While the leaderboard data is scheduled to be updated on an hourly basis, there could be latency delay.
- “Trading Volume” is defined as the sum of a user’s total buys and sells on Poloniex. We calculate Trading Volume in the following way:
- Trading Volume = Sum (executed buys of all DMG pairs) + Sum (executed sells of all DMG pairs)
- Depositing or withdrawing via Poloniex will not be factored into the Trading Volume calculation.
- Valid DMG markets that will count towards the DMG trading volume are DMG/USDT, DMG/BTC, and DMG/TRX.
- For the “1st - 10th Places,” “11th - 30th Places,” and “31st - 60th Places” prize pools, users that come in 1st through 60th place will receive an evenly split amount of the pool among other users that qualify for this prize pool.
- Users in 1st through 60th places are not eligible for the “All Traders” prize pool.
- For the “All Traders” prize pool, all eligible users will receive an evenly split amount of the pool among other users that qualify for this prize pool.
- Reward distribution: rewards will be distributed within two weeks after the Promotion ends.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based out of a country in our prohibited countries list. For further details, please refer to our Official Rules.
- If we determine that an individual has used multiple accounts in order 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.
- The rules of the promotion shall be subject to Poloniex’s final interpretative decision and 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. For further details, please refer to our Official Rules.