Campaign period: 7 days, July 8, 2021 at 12:00 PM - July 15, 2021 at 11:59 AM (UTC)
[Rewards for new users]
During the campaign, new users with a net deposit of no less than 600 POL can each receive 10 USDT from a total prize pool of 30,000 USDT, which is given out on a first-come-first-serve basis.
[Rewards for traders]
During the campaign, users with a trading volume of no less than 300 USDT will be deemed as effective POL traders. The higher the number of effective traders, the higher the prize pool. Each user will get a share from the prize pool in proportion to his/her trading volume, i.e. the higher the trading volume, the higher the rewards. Details are as follows:
Rules and Terms:
- Campaign period: 7 days, July 8, 2021 at 12:00 PM - July 15, 2021 at 11:59 AM (UTC)
- “Net Deposits” are defined as a user’s total deposits of POL on Poloniex minus the user’s withdrawals. We calculate net deposits in the following way:
Net deposits = Sum (deposit of POL) - Sum (withdrawal of POL)
Buying POL via Poloniex markets will not be factored into the net deposit calculation.
- The valid trading pair that will count towards POL trading volume is POL/USDT. Trading volume will be calculated according to the following rules:
Trading Volume = Sum (executed buys of all POL pairs) + Sum (executed sells of all POL pairs).
POL deposits or withdrawals will not count towards the Trading Volume.
Trading volume will be calculated in USDT.
- [Rewards for traders]: Each user can receive up to 300 USDT. Reward Calculation: One user's reward = (The user's POL trading volume / Total trading volume of all users in the corresponding prize pool) * Volume in the corresponding prize pool.
For example, among 2,000 effective POL traders during the campaign, User A's POL trading volume is 5,000 USDT, while the total trading volume of all users in the corresponding tier is 1,000,000 USDT. The rewards for User A = 27,000 USDT*5,000/1,000,000=135 USDT.
- Poloniex Plus Silver or higher-level members are not eligible for [rewards for traders].
- 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 08, 2021