We are launching this campaign to celebrate the listing of Dogs of Elon (DOE) on Poloniex and to give back to our new and existing users. Join and grab a share of 64,000 DOE now!
Campaign period: 7 days, November 10, 2021 at 13:00 - November 17, 2021 at 12:59 (UTC)
Rewards:
[Sign up and Trade for a Share of 18,000 DOE]
During the campaign, new users whose cumulative trading volume (buys + sells) of DOE reaches 200 USDT can receive a 30 DOE airdrop. A total prize pool of 18,000 DOE will be given out on a first-come-first-serve basis according to the time the required cumulative trading volume is reached.
[Hold DOE to Enjoy a 500% APY]
During the campaign, Poloniex users with a balance of 300 DOE or more can enjoy a 500% APY. The longer you hold DOE, the higher yield you will enjoy. The total prize pool is 23,000 DOE and each participant can win up to 800 DOE.
[Trade and Win from 23,000 DOE]
During the campaign, users whose cumulative trading volume (buys + sells) of DOE reaches 200 USDT can win a share from the 23,000 DOE prize pool in proportion to their trading volume. Each participant can win up to 800 DOE.
Rules and Terms:
- Campaign period: 7 days, November 10, 2021 at 07:00 - November 17, 2021 at 06:59 (UTC)
- The eligible trading pair of this campaign is DOE/USDT.
- We calculate the cumulative trading volume of DOEin the following way: Trading volume = Sum (executed buys of the DOE trading pair) + Sum (executed sells of the DOE trading pair).
- Deposits or withdrawals will not count towards the trading volume.
- Trading volume will be calculated in USDT.
- [Hold DOE to Enjoy a 500% APY] Users may join the campaign on any given day, and Poloniex will take four snapshots of users' DOE balance at around 18:00, 00:00, 06:00, and 12:00 (UTC) each day. Please make sure you have sufficient DOE balance [Wallet - Asset Balance - DOE] during this time. DOE in pending orders, pending deposits, and pending withdrawals will not count towards your balance.
- Reward calculation: DOE reward for a user = Total DOE the user holds *500%* Number of snapshots showing that the user holds DOE/365 days/4 (number of snapshots taken each day).
- For example: User A has a balance of 5,000 DOE 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 5,000*500%*24/365/4=410 DOE.
- Rewards are calculated based on the APY 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 23,000 DOE. 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.
- [Trade and Win from 23,000 DOE] Reward calculation: Reward for a user = 23,000 DOE * The user's cumulative trading volume of DOE / Total trading volume of DOE of all eligible users.
- For example, User A's DOE trading volume is 1,000 USDT during the campaign, while the total trading volume of all eligible users is 50,000 USDT. In this case, User A's reward =23,000 DOE*1,000/50,000=460 DOE.
- Poloniex Plus Silver or higher-level members are not eligible for this campaign.
- Reward distribution: All rewards will be distributed in ten business days after the campaign ends.You can log in to your account and view the rewards in Activity - Wallet.
- Users deemed to have used multiple accounts in an attempt to win multiple prizes will be disqualified from this campaign.
- 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.
- 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.
November 10, 2021