We are launching this giveaway campaign to celebrate the listings of Crypto.com Coin (CRO), SuperRare (RARE), NEXO (NEXO), Unlock Protocol (UDT), FingerprintsDAO (PRINTS), and ANGLE (ANGLE) on Poloniex and to give back to our new and existing users. Join and grab a share of 10,000 USDT now!
Campaign period: 7 days, November 30, 2021 at 07:00 - December 7, 2021 at 06:59 (UTC)
Rewards:
[Hold Six Tokens to Enjoy a 600% APY]
During the campaign, new and existing users whose balance of the six tokens on Poloniex reaches 100 USDT will enjoy an APY of 600%. The longer you hold, the higher yield you will get. The system will take the closing price of the six tokens at 07:00 (UTC) on December 7 as the standard exchange rate for the calculation of users' share of the 4,000 USDT prize pool. Each participant can win up to 100 USDT.
[Trade to Win from 6,000 USDT]
Incentive Prize: All other qualified users can win from 600 USDT in proportion to their trading volume; each user can win up to 40 USDT.
Rules and Terms:
- Campaign period: 7 days, November 30, 2021 at 07:00 - December 7, 2021 at 06:59 (UTC)
- The six tokens refer to Crypto.com Coin (CRO), SuperRare (RARE), NEXO (NEXO), Unlock Protocol (UDT), FingerprintsDAO (PRINTS), and ANGLE (ANGLE), and the eligible trading pairs of this campaign are CRO/USDT, RARE/USDT, NEXO/USDT, UDT/USDT, PRINTS/USDT, and ANGLE/USDT.
- The cumulative trading volume of the six tokens will be calculated according to the following formula: Trading volume = Sum (executed buys in the trading pairs of the six tokens) + Sum (executed sells in the trading pairs of the six tokens).
- Deposits or withdrawals will not count towards the trading volume.
- The trading volume will be calculated in USDT.
- [Hold Six Tokens to Enjoy a 600% APY] Users may join the campaign on any given day, and Poloniex will take four snapshots of users' six-token balance at around 18:00, 00:00, 06:00, and 12:00 (UTC) each day. Please make sure you have sufficient balance of any of the six tokens in Wallet > Asset Balance > Crypto.com Coin (CRO), SuperRare (RARE), NEXO (NEXO), Unlock Protocol (UDT), FingerprintsDAO (PRINTS), or ANGLE (ANGLE) during this time. Crypto.com Coin (CRO), SuperRare (RARE), NEXO (NEXO), Unlock Protocol (UDT), FingerprintsDAO (PRINTS), or ANGLE (ANGLE) in pending orders, pending deposits, and pending withdrawals will not count towards your balance.
- Rewards calculation: USDT reward for a user = (Total CRO the user holds * Number of snapshots showing that the user holds CRO * Exchange rate of CRO + Total RARE the user holds * Number of snapshots showing that the user holds RARE * Exchange rate of RARE + Total NEXO the user holds * Number of snapshots showing that the user holds NEXO * Exchange rate of NEXO + Total UDT the user holds * Number of snapshots showing that the user holds UDT * Exchange rate of UDT + Total PRINTS the user holds * Number of snapshots showing that the user holds PRINTS * Exchange rate of PRINTS) *600% (APY)/365 days/4 (number of snapshots taken each day).
- Users can choose any of the six tokens to participate in the campaign. Each participant can win up to 100 USDT in total.
- For example: User A has a CRO balance of 1,000 CRO after depositing/trading on the second day of the campaign (with no RARE/NEXO/UDT/PRINTS balance), 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). Suppose that the exchange rate of CRO to USDT is 0.8:1 at that time, then it translates into a prize of 1,000*24*0.8*600% (APY)/365/4=78 USDT.
- 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 4,000 USDT. At the end of the campaign, if we determine that the total prize pool is not enough to offer an APY as specified, we will distribute the prize to users in proportion to their balance and days of participation.
- 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 login to your account and check the rewards in Activity-Wallet.
- 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.
- 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.
November 30, 2021