Campaign period: 7 days, July 23, 2021 at 7:00 - July 30, 2021 at 6:59 (UTC)
[Airdrop for New Users]
During the campaign, new users who trade no less than 100 USDT in the six new tokens can receive an airdrop of 10 USDT right away. A total prize pool of 2,000 USDT is given out on a first-come-first-serve basis.
During the campaign, users who trade no less than 200 USDT in the six new tokens will be deemed as effective six-token traders. The more the 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:
[Rewards for Traders]
During the campaign, users who trade at least two of the six new tokens with a combined trading volume of no less than 500 USDT will each receive 20 USDT as a reward. A total prize pool of 3,000 USDT is given out on a first-come-first-serve basis based on the transaction completion time.
Rules and Terms:
- Campaign period: 7 days, July 23, 2021 at 7:00 - July 30, 2021 at 6:59 (UTC)
- The six new tokens are PancakeSwap Token (CAKE), Venus (XVS), Elipsis (EPS), Burger Swap (BURGER), Auto (AUTO), and Nerve Finance (NRV). Users can trade in any of these six-token pairs: CAKE/USDT, XVS/USDT, EPS/USDT, BURGER/USDT, AUTO/USDT, and NRV/USDT. We calculate trading volume of the six tokens in the following way:
Trading Volume = Sum (executed buys of all six-token pairs) + Sum (executed sells of all six-token pairs).
Deposits or withdrawals will not count towards the Trading Volume.
Trading volume will be calculated in USDT.
- [Trading Competition]: Each eligible user can receive up to 200 USDT. Reward Calculation: One user's reward = The corresponding prize pool * The user's six-token trading volume / Total six-token trading volume of all users in this prize pool.
For example, among 2,000 effective six-token traders during the campaign, User A's six-token trading volume is 5,000 USDT, while the total six-token trading volume of all users in the corresponding tier is 1,000,000 USDT. The rewards for User A = 20,000 USDT*5,000/1,000,000=100 USDT.
- Poloniex Plus Silver or higher-level members are not eligible for the Trading Competition.
- 5. 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.
Jul 23, 2021