To celebrate the listing of TitanSwap (TITAN) on Poloniex and give back to both new and existing users, we are launching a giveaway campaign. Trade now to grab a share of 7,500 TITAN!
Campaign period: 7 days, March 2, 2022 at 07:00 - March 9, 2022 at 06:59 (UTC)
Rewards:
[Hold TITAN to Enjoy a 700% APY]
During the campaign, users who have 150 TITAN or more in their balance can enjoy a 700% APY. The longer you hold, the higher yield you will get. The prize pool totals 2,500 TITAN. Each participant can win up to 200 TITAN.
[Trade to Win from 5,000 TITAN]
During the campaign, users who trade 200 USDT or more in TITAN will be eligible to win from 5,000 TITAN in proportion to their trading volume. Each participant can win up to 300 TITAN.
Rules and Terms:
- Campaign period: 7 days, March 2, 2022 at 07:00 - March 9, 2022 at 06:59 (UTC)
- The eligible trading pair of this campaign is TITAN/USDT.
- We calculate the cumulative trading volume of TITAN in the following way: Trading volume = Sum (executed buys of the TITAN trading pair) + Sum (executed sells of the TITAN trading pair).
- Deposits or withdrawals will not count towards the trading volume.
- The trading volume will be calculated in USDT.
- [Hold TITAN to Enjoy a 700% APY] Users may join the campaign on any given day, and Poloniex will take four snapshots of users' TITAN balance randomly on a daily basis. Please make sure you have sufficient TITAN balance [Wallet > Asset Balance > TITAN] during this time. TITAN in pending orders, pending deposits, and pending withdrawals will not be counted as balance.
- Reward calculation: TITAN reward for a user = Total TITAN the user holds *700%* Number of snapshots showing that the user holds TITAN/365 days/4 (number of snapshots taken each day).
- For example: User A has a balance of 1,000 TITAN 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 1,000*700%*24/365/4=115 TITAN.
- 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 2,500 TITAN. 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.
- [Trade to Win from 5,000 TITAN] Reward calculation: Reward for a user = 5,000 TITAN * The user's cumulative trading volume of TITAN / Total trading volume of TITAN of all eligible users.
- For example, User A's TITAN 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 =5,000 TITAN*2,000/50,000=200 TITAN.
- 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.
March 2, 2022