To celebrate the listing of Terra (LUNA) and Terra Classic (LUNC) on Poloniex, we are launching this event and giving out rewards to qualified users who trade or deposit LUNA or LUNC. Details are as follows:
Event period:8 days, August 17, 2022 at 10:00 - August 24, 2022 at 09:59 (UTC)
Promotion 1: [Deposit and Win from 2,000 USDD]
During the event, users whose net deposit reaches 100 LUNA can win a share from a prize pool of 1,000 USDD in proportion to their net deposits, and users whose net deposit reaches 1,000,000 LUNC can win a share from another prize pool of 1,000 USDD in proportion to their net deposits.
Promotion 2: [Trade and Win from 8,000 USDD]
1. Trade to Win from 5,000 USDT
During the event, all LUNA and LUNC spot pair traders whose cumulative trading volume meets the minimum requirement and ranks among the top 50 are eligible to share the prize pool of 5,000 USDD in proportion to their cumulative trading volume.
2. 3,000 USDD for All Traders
During the event, all LUNA and LUNC spot traders (the top 50 users by cumulative trading volume are excluded) whose cumulative trading volume reaches 500 USDD&USDT can share the 3,000 USDD prize pool in proportion to their trading volume.
Rules and terms:
- Eligible trading pairs in this event are LUNA/USDD, LUNA/USDT, LUNC/USDD, and LUNC/USDT.
- In [Promotion 1: Deposit and Win from 2,000 USDD], a user can win 100 USDD at most from a single prize pool, and the total rewards the user obtains from the two prize pools should not exceed 200 USDD.
- Net Deposits = Total Deposits - Total Withdrawals
- User A's rewards = Prize pool * User A's net deposit volume/ Total net deposit volume of all eligible users
- [Trade and Win from 8,000 USDD] During the promotion, each user who ranks from 4th to 20th by cumulative trading volume can be rewarded with 200 USDD at most, and each user who ranks from 21st to 50th by cumulative trading volume can be rewarded with 100 USDD at most. Users eligible for the All Traders pool can be rewarded with 50 USDD each at most.
- Cumulative Trading Volume = Executed buys + Executed sells
- User A's rewards = Prize pool * User A's cumulative trading volume/ Total trading volume of all eligible users
- The trade-for-rewards promotion is not open to market makers and VIP users. All users are eligible for the deposit-for-rewards promotion.
- Reward distribution: All rewards will be distributed in twenty working days after the event 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 event.
- We are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based in a prohibited country. The list of prohibited countries/regions is as follows: Ontario, Crimea, Democratic Republic of Congo, Iran, Iraq, Libya, Mali, North Korea, Palestine, Syrian Arab Republic, Somalia, Sudan, Zimbabwe, Afghanistan, Cote d'Ivoire, Yemen, Lebanon, Myanmar, the Chinese Mainland, Cuba, the United States of America and all U.S. territories.
- The rules of the event 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.
The Poloniex Team
August 17, 2022