We are launching this giveaway campaign to celebrate the listing of Creditcoin (CTC) on Poloniex, and to give back to both new and existing users. Trade now to grab a share of 18,000 CTC!
Campaign period: 7 days, January 19, 2022 at 07:00 - January 26, 2022 at 06:59 (UTC)
[Hold CTC to Enjoy a 700% APY]
During the campaign, Poloniex users with a balance of 100 CTC or more can enjoy a 700% APY. The longer you hold CTC, the higher yield you will enjoy. The total prize pool is 6,000 CTC and each participant can win up to 300 CTC.
[12,000 CTC Giveaway for All Traders]
During the campaign, users who trade 200 USDT or more (buys + sells) in CTC are eligible for a share of the 12,000 CTC prize pool in proportion to their trading volume. Each participant can win up to 500 CTC.
Rules and Terms:
- Campaign period: 7 days, January 19, 2022 at 07:00 - January 26, 2022 at 06:59 (UTC)
- The eligible trading pair of this campaign is CTC/USDT.
- We calculate the cumulative trading volume of CTC in the following way: Trading volume = Sum (executed buys of the CTC trading pair) + Sum (executed sells of the CTC trading pair).
- Deposits or withdrawals will not count towards the trading volume.
- The trading volume will be calculated in USDT.
- [Hold CTC to Enjoy a 700% APY] Users may join the campaign on any given day, and Poloniex will take four snapshots of users' CTC balance randomly on a daily basis. Please make sure you have sufficient CTC balance [Wallet > Asset Balance > CTC] during this time. CTC in pending orders, pending deposits, and pending withdrawals will not count towards your balance.
- Reward calculation: CTC reward for a user = Total CTC the user holds *700%* Number of snapshots showing that the user holds CTC/365 days/4 (number of snapshots taken each day).
- For example: User A has a balance of 2,000 CTC 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*700%*24/365/4=230 CTC.
- 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 6,000 CTC. 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.
- [12,000 CTC Giveaway for All Traders] Reward calculation: Reward for a user = 12,000 CTC * The user's cumulative trading volume of CTC / Total trading volume of CTC of all eligible users.
- For example, User A's CTC trading volume is 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 =12,000 CTC*2,000/50,000=480 CTC.
- Poloniex Plus Silver or higher-level members and market makers 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 Chinese Mainland, 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.
January 19, 2022