We are launching this giveaway campaign to celebrate the listing of LatteSwap (LATTE) on Poloniex, and to give back to both new and existing users. Come and grab a share from 20,000 LATTE!

Campaign period: 5 days, October 27, 2021 at 07:00 - November 1, 2021 at 06:59 (UTC)

Rewards: 

[Hold LATTE to Enjoy a 500% APY]

During the campaign, Poloniex users with a balance of no less than 400 LATTE can enjoy a 500% APY. The longer you hold, the higher yield you will get. The prize pool totals 10,000 LATTE. Each user can win up to 800 LATTE.

[Trade and Win from 10,000 LATTE]

During the campaign, users who trade (buys + sells) no less than 200 USDT in LATTE are eligible for a share from the 10,000 LATTE prize pool in proportion to their trading volume. Each user can win up to 800 LATTE.

Rules and Terms:

1. Campaign period: 5 days, October 27, 2021 at 07:00 - November 1, 2021 at 06:59 (UTC)
2. The eligible trading pair of this campaign is LATTE/USDT.
• We calculate the cumulative trading volume of LATTE in the following way: Trading volume = Sum (executed buys of the LATTE trading pair) + Sum (executed sells of the LATTE trading pair). 
• Deposits or withdrawals will not count towards the trading volume.
• Trading volume will be calculated in USDT.
3. [Hold LATTE to Enjoy a 500% APY] Users may join the campaign on any given day, and Poloniex will take four snapshots of users' LATTE balance at around 18:00, 00:00, 06:00, and 12:00 (UTC) each day. Please make sure you have sufficient LATTE in your wallet during this time. LATTE in pending orders, pending deposits, and pending withdrawals will not count towards your balance. 
• Reward calculation: LATTE reward for a user = Total LATTE the user holds *500%* Number of snapshots showing that the user holds LATTE/365 days/4 (number of snapshots taken each day). 
• For example: User A has a balance of 5,000 LATTE 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 4 days of snapshots (4*4=16 snapshots in total), which translates into a prize of 5,000 LATTE*500%*16/365/4 = 273 LATTE.
• 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 10,000 LATTE. 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.
4.  [Trade and Win from 10,000 LATTE] Reward calculation: Reward for a user = 10,000 LATTE * The user's cumulative trading volume of LATTE / Total trading volume of LATTE 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 = 10,000LATTE * 2,000/50,000 = 400 LATTE. 
5. Poloniex Plus Silver or higher-level members are not eligible for this campaign.
6. Reward distribution: All rewards will be distributed in ten business days after the campaign ends. You can login to your account and check the rewards in Activity - Wallet.
7. If we determine that a user is using multiple accounts in an attempt to win prizes repeatedly, we will disqualify that user from this campaign. 
8. We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed or based in a prohibited country. Users in the following countries/regions will not be eligible for this campaign: American Samoa, Cuba, Guam, the Islamic Republic of Iran, the Democratic People's Republic of Korea, the Northern Mariana Islands, Puerto Rico, Seychelles, the Syrian Arab Republic, the United States Minor Outlying Islands, the United States and the United States Virgin Islands.
9. 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.

October 27, 2021