Campaign period: 10 days, July 1, 2021 at 11:00 - July 11, 2021 at 10:59 (UTC)
[Trade for mega rewards]
During the campaign, users with a cumulative trading volume of no less than 200 USDT in any NFT trading pair can get a share from the 10,000 USDT prize pool in proportion to their trading volume. Each participant can win up to 500 USDT.
[Hold NFT for extra bonus]
During the campaign, Poloniex users will enjoy a 66% APR for their NFT balance upon the snapshot. The prize pool has a total of 3,600,000,000NFT, where each user can get up to 70,000,000 NFT.
Rules and Terms:
- Campaign Period: 10 days, July 1, 2021 at 11:00 - July 11, 2021 at 10:59 (UTC).
- The valid trading pairs that count towards the NFT trading volume are NFT/USDT and NFT/TRX. Trading volume will be calculated according to the following formula:
Trading Volume = Sum (executed buys of all NFT pairs) + Sum (executed sells of all NFT pairs).
Depositing or withdrawing via Poloniex will not be factored into the Trading Volume calculation.
Trading volume will be calculated in USDT.
- Users may join the campaign on any given day, and Poloniex will take four snapshots of users' NFT balances at around 18:00, 00:00, 06:00 and 12:00 (UTC) each day. Please make sure you have sufficient NFT in your wallet during this time. NFT in pending orders, pending deposits, and pending withdrawals will not count towards your balance. The minimum account balance is: 30,000,000 NFT.
- Rewards calculation: Reward for a user = Total NFT the user holds * 66% * Number of the snapshots showing that the user holds NFT/365 days/4 (number of snapshots taken each day). For example: User A has an NFT balance of 700,000,000after depositing/trading on the second day of the campaign, and holds the same amount until the end of the campaign. Therefore, user A has nine days of effective snapshots (9*4=36 snapshots in total), which translate into a reward of 700,000,000*66%*36/365/4=11,391,780 NFT.
- Users enjoy a 66% APR on their NFT deposit, and the rewards will start to accrue from the first balance snapshot taken during the campaign. The total prize pool for this campaign is 3,600,000,000NFT. At the end of the campaign, if we determine that the total prize pool is not enough to offer a 66% APR, we will distribute the prize to users in proportion to their balance and days of participation.
- Poloniex Plus Silver or higher-level members are not eligible for the [Trade for mega rewards] campaign.
- All rewards will be distributed within ten working days after the campaign ends. You can log in to your account and check the 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.
July 01, 2021