Poloniex is kicking off the "Join Futures Trading Rankings to Win from 10,000 USDT" campaign, where all qualified users can win a share from the 10,000 USDT prize pool. Details are as follows:
Campaign Period: 7 days, June 24, 2021 at 13:00 - July 1, 2021 at 12:59 (UTC)
Reward 1: Trade futures to win from 5,000 USDT
During the campaign, users who trade no less than 3,000 USDT in futures can win 10 USDT as a reward. A total prize pool of 5,000 USDT for Reward 1 will be shared on a first-come-first-served basis.
Reward 2: Join futures trading rankings to win from an extra 5,000 USDT
During the campaign, users who trade no less than 500 USDT in futures will be ranked by their respective futures trading volume. Ranked users will receive a portion of the pool proportional to their cumulative trading volume with respect to other users that qualify for that prize pool. The prize pool for Reward 2 totals 5,000 USDT.
- Reward 1: During the campaign, users who trade 3,000 USDT or more in futures will be able to win 10 USDT. Each user can receive the reward once only. The prize pool of 5,000 USDT for Reward 1 will be distributed on a first-come-first-served basis.
Futures trading volume = Futures buys + Futures sells. Trading volume will be calculated in USDT;
- Reward 2: During the campaign, users who trade a total of 500 USDT or more in futures will be eligible for the Futures Trading Rankings and a share of the prize pool. Users will be ranked by their futures trading volume and will receive a portion of the pool proportional to their cumulative trading volume with respect to other users that qualify for that prize pool. The total prize pool for Reward 2 is 5,000 USDT. Each eligible user can win up to 800 USDT.
Reward calculation: Reward for a user = Amount of rewards in the corresponding prize pool * Trading volume of the user / Total trading volume of all eligible users in the pool
Example: Suppose User A, who has traded 100,000 USDT in futures during the campaign, ends up in the second place and becomes qualified for the 2,000-USDT prize pool. Since all users qualified for this pool (the first to fifth places) have a total trading volume of 400,000 USDT, User A will be able to receive 2,000*100,000/400,000= 500 USDT.
- Reward 1 and 2 are open to all regular users while users of Poloniex Plus Silver and levels above are not eligible for this campaign;
- All rewards will be distributed to your futures account within 10 working days after the campaign ends;
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed or based in a prohibited country. The list of prohibited countries is as follows: Antigua and Barbuda, Algeria, Bangladesh, Bolivia, Burundi, Burma, Cote D'Ivoire (Ivory Coast), Crimea and Sevastopol, Cuba, Democratic Republic of Congo, Ecuador, Iran, Iraq, Libya, Mali, Morocco, Magnitsky, Liberia, North Korea, Nepal, Seychelles, Somalia, Sudan, Syria, Venezuela and Zimbabwe;
- 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.
Risk warning: Futures contract is an innovative financial product that involves high risk and requires extensive knowledge. Please take caution when making trading decisions. Thank you for supporting Poloniex Futures!
June 24, 2021