Campaign period: 5 days, September 9, 2021 at 13:00 - September 14, 2021 at 12:59 (UTC)
[Hold RD to enjoy an APY of 300%]
During the campaign, Poloniex users will enjoy an APY of 300% for their RD balance upon the snapshot. The total prize pool is 120 RD. The longer users hold RD, the more rewards they will receive.
[Trade RD for mega rewards]
During the campaign, users who trade 100 USDT or more in RD will be eligible to win from 200 RD in proportion to their trading volume. Each user can win up to 10 RD.
Rules and Terms:
- Campaign period: 5 days, September 9, 2021 at 13:00 - September 14, 2021 at 12:59 (UTC)
- During the campaign, users with a balance of 5 RD or more are eligible for [Hold RD to enjoy an APY of 300%]. Each user can win up to 10 RD.
- Users may join the campaign on any given day, and Poloniex will take four snapshots of users' RD balances at around 18:00, 00:00, 06:00 and 12:00 (UTC) each day. Please make sure you have sufficient RD balance [Wallet - Asset Balance - RD] during this time. RD in pending orders, pending deposits, and pending withdrawals will not count towards your balance.
- Reward calculation: Reward for a user = Total RD the user holds *300%* Number of snapshots showing that the user holds RD/365 days/4 (number of snapshots taken each day).
- For example, User A has 300 RD in their balance after depositing/trading on the second day of the campaign and holds it until the campaign ends. Therefore, User A has 4 days of snapshots (4*4=16 snapshots in total), which translates into a prize of 300*300%*16/365/4 = 9.8 RD.
- The eligible trading pair in this campaign is RD/USDT. RD trading volume will be calculated according to the following formula: Trading volume = Sum (executed buys of the RD trading pair) + Sum (executed sells of the RD trading pair).
- Deposits or withdrawals will not count towards the Trading Volume.
- Trading volume will be calculated in USDT.
- Reward calculation: Reward for a user =200 RD* The user's RD trading volume / Total RD trading volume of all eligible users.
- For example, User A has a trading volume of 2,000 USDT during the campaign, while the total trading volume of all eligible users is 50,000 USDT. In this case, User A's reward =200 RD*2,000/50,000 = 8 RD.
September 9, 2021