To celebrate our recent yearn.finance (YFI), Uniswap (UNI), and Chainlink (LINK) Futures listings, we’re beginning a ten-day trading competition where traders can win from a total prize pool of 15,000 USDT!
Competition Period: October 29, 2020 at 16:00 UTC to November 8, 2020 at 15:59 UTC
In this competition, you’ll have ten days to trade as much as possible across all our YFI, UNI, and LINK Futures contracts and earn from a total prize pool of 15,000 USDT! Trade at least 5,000 USDT across these three contracts to be eligible for prizes.
All prizes will be distributed into your Poloniex Exchange Wallet within two weeks after the competition ends on November 8th.
Terms & Conditions
- Promotion is subject to the Poloniex Futures Trading Tournament Official Rules available at https://support.poloniex.com/hc/en-us/articles/360055999914 (the “Official Rules”).
- Promotion Period: 10 days - 16:00 UTC on 29th October 2020 to 15:59 UTC on 8th November 2020.
- Ranked users will be able to monitor their position and rank on a page hosted on the Poloniex site. The requirements to be ranked are as follows:
- To qualify for ranking, users must have set up their Poloniex Futures account and have a cumulative trading volume of at least 100 USDT.
- While the leaderboard data is scheduled to be updated on an hourly basis, there could be minor latency delays.
- To qualify for any prize pool, users must be ranked and have a cumulative trading volume of at least 5,000 USDT across our YFI, UNI, and LINK Futures contracts over the competition period. “Trading Volume” is defined as the sum of all buys and sells users execute when trading on Poloniex Futures.
- Trading volume for a given trade is calculated using the size of the order multiplied by the price at which the order executed. Cumulative trading volume is calculated using the SUM of a user’s trading volume during the Promotion period.
- Deposits and withdrawals will not be taken into account when calculating Trading Volume.
- The valid markets that will count towards your Overall Volume are YFIUSDTPERP, UNIUSDTPERP, and LINKUSDTPERP on Poloniex Futures.
- The total prize pool for this Promotion for all Participants is 15,000 USDT.
- For the “1st - 10th Places,” “11th - 30th Places,” “31st - 70th Places,” and “71st - 200th Places” prize pools, users who come in 1st through 200th place will receive a portion of the pool proportional to their cumulative trading volume with respect to other users that qualify for that prize pool. Users in 1st through 200th place 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 to the eligible Participants’ Poloniex account within two weeks after the Promotion ends.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country. For further details, please refer to our Official Rules, Section 1.
- 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 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. For further details, please refer to our Official Rules.