We are launching this giveaway campaign to celebrate the listing of Wrapped NCG (WNCG) on Poloniex, and to give back to both new and existing users. Come and grab a share from 10,000 WNCG!
Campaign period: 7 days, October 21, 2021 at 07:00 - October 28, 2021 at 06:59 (UTC)
[Hold WNCG to Enjoy a 500% APY]
During the campaign, Poloniex users with a balance of no less than 100 WNCG can enjoy a 500% APY. The longer you hold, the higher yield you will get. The total prize pool is 5,000 WNCG, each user can win up to 200 WNCG.
[Trade and Win from 5,000 WNCG]
During the campaign, users who trade (buys + sells) no less than 200 USDT in WNCG are eligible for a share from the 5,000 WNCG prize pool in proportion to their trading volume. Each user can win up to 200 WNCG.
Rules and Terms:
- Campaign period: 7 days, October 21, 2021 at 07:00 - October 28, 2021 at 06:59 (UTC)
- The eligible trading pair of this campaign is WNCG/USDT.
- We calculate the cumulative trading volume of WNCG in the following way: Trading volume = Sum (executed buys of the WNCG trading pair) + Sum (executed sells of the WNCG trading pair).
- Deposits or withdrawals will not count towards the trading volume.
- Trading volume will be calculated in USDT.
- Reward calculation: WNCG reward for a user = Total WNCG the user holds *500%* Number of snapshots showing that the user holds WNCG/365 days/4 (number of snapshots taken each day).
- For example: User A has a balance of 2,000 WNCG after depositing/trading on the second day of the campaign, and holds the same amount until the end of the campaign. Therefore, User A has 6 days of snapshots (6*4=24 snapshots in total), which translates into a prize of 2,000 WNCG*500%*24/365/4 = 164 WNCG.
- Rewards are calculated based on the APR of the stage and start to accrue when the first snapshot of the account's balance is taken. The total prize pool of this campaign is 5,000 WNCG. At the end of the campaign, if we determine that the total prize pool is not enough to offer an APR as specified, we will distribute the prize to users in proportion to their balance and days of participation.
- 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 = 5,000WNCG * 2,000/50,000 = 200 WNCG.
October 21, 2021