We are launching this giveaway campaign to celebrate the listing of DoraFactory (DORA) on Poloniex, and to give back to both new and existing users. Trade now to grab a share of 20,000 USDT!
Campaign period: 7 days, December 7, 2021, 07:00 - December 14, 2021, 06:59 (UTC)
[Sign up and Trade for a Share of 4,000 USDT]
During the campaign, new users whose cumulative trading volume (buys + sells) of DORA reaches 300 USDT can receive a 10 USDT airdrop. A total prize pool of 4,000 USDT will be given out on a first-come-first-serve basis according to the time the required cumulative trading volume is reached.
[Hold DORA to Enjoy a 700% APY]
During the campaign, Poloniex users with a balance of 10 DORA or more can enjoy a 700% APY. The longer you hold DORA, the higher yield you will enjoy. The closing price of DORA at 07:00 (UTC) on December 14 will be taken as the standard exchange rate for the calculation of users' share of the 8,000 USDT prize pool. Each participant can win up to 200 USDT.
[8,000 USDT Giveaway for All Traders]
During the campaign, users whose cumulative trading volume (buys + sells) of DORA reaches 200 USDT can win a share from the 8,000 USDT prize pool in proportion to their trading volume. Each participant can win up to 200 USDT.
Rules and Terms:
- Campaign period: 7 days, December 7, 2021, 07:00 - December 14, 2021, 06:59 (UTC)
- The eligible trading pair of this campaign is DORA/USDT.
- We calculate the cumulative trading volume of DORA in the following way: Trading volume = Sum (executed buys of the DORA trading pair) + Sum (executed sells of the DORA trading pair).
- Deposits or withdrawals will not count towards the trading volume.
- Trading volume will be calculated in USDT.
- [Hold DORA to Enjoy a 700% APY] Users may join the campaign on any given day, and Poloniex will take four snapshots of users' DORA balance randomly on a daily basis. Please make sure you have sufficient DORA balance in your wallet [Wallet > Asset Balance > DORA] throughout this period. DORA in pending orders, pending deposits, and pending withdrawals will not count towards your balance.
- Reward calculation: USDT reward for a user = Total DORA the user holds * Exchange rate of DORA to USDT *700%* Number of snapshots showing that the user holds DORA/365 days/4 (number of snapshots taken each day).
- For example: User A has a balance of 50 DORA after depositing/trading on the second day of the campaign, and holds the same amount until the end of the campaign. User A has 6 days of snapshots (6*4=24 snapshots in total), and suppose the exchange rate of DORA to USDT is 20:1 at that time, then it translates into a prize of 50*20*700%*24/365/4=115 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 8,000 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.
- [8,000 USDT Giveaway for All Traders] Reward calculation: Reward for a user = 8,000 USDT * The user's cumulative trading volume of DORA / Total trading volume of DORA of all eligible users.
- For example, User A's DORA 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 =8,000 USDT*1,000/50,000=160 USDT.
- Poloniex Plus Silver or higher-level members are not eligible for this campaign.
- Reward distribution: All rewards will be distributed in ten working 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.
December 7, 2021