Dear AAX users,
In response to the recent enthusiasm around DeFi and user needs, AAX has recently listed a series of the most potential blockchain assets/Defi projects.
Now, we are launching the DeFi coin challenge: if users meet the deposit/ trading /sharing requirements, they can share a total prize pool of up to 25,000 USDT by inviting more friends to participate!
Challenge Rules:
- Challenge 1: Deposit and get AAB
During the campaign period, any registered user with a net deposit volume (deposit-withdrawal) equal or above the amounts below can win a 50AAB reward - limited to the first 500 users.
Required net deposit volume:
50 LINK；4 COMP；900 LEND；550 BNT；1300 ZRX;
75 BAND; 1.3 MKR; 120SNX; 0.016 YFI; 6500 POWR; 270 SUSHI
- Challenge 2: DEFI Trading Competition, to share 6000 USDT
During the campaign period, any registered user participating in the trading competition at AAX will be ranked daily according to the trading volume (buy + sell) in the DeFi zone, and jointly share 6,000 USDT worth of AAB in rewards. .
Rank 1: 150 USDT equivalent AAB
Rank 2: 110 USDT equivalent AAB
Rank 3: 70 USDT equivalent AAB
Rank 4&5: 35 USDT equivalent AAB
- Challenge 3: Share on social media to win reward
During the campaign period, KYC users can get 10 AAB rewards after sharing screenshots of Futures trading orders to social media and uploading the form. The reward will be limited to the first 500 users.
Campaign Period: September 16 to September 30, 2020 (UTC)
Total Prize Pool: 25,000 USDT equivalent to AAB
Terms and conditions:
- DEFI trading pairs includes: LEND/USDT, LEND/BTC, BNT/USDT, BNT/BTC, LINK/USDT, LINK/BTC, COMP/USDT, COMP/BTC, ZRX/USDT, ZRX/BTC
- AAB and USDT exchange rate: based on the daily price of the AAB/USDT trading pair during the campaign period (snapshot of UTC 0:00 everyday); eligible trading volume: total buy + total sell, excluding cross trade and wash trade.
- Users who participate in Challenge 2 will be in daily ranking after registration, and can win repeatedly. E.g.: The user who won the first place on September 17, if the trading volume of the next day stays in the first place, he/she can still get the first prize of 150U.
- The rewards of Challenge 1 will be locked for 15 days from the date released, or users can apply for unlock in advance if Defi token trading volume reaches 20,000 USDT
- Users must achieve 20,000 USDT trading volume daily to be eligible for the prize of Challenge 2.
- Users participating in Challenge 3 must pass KYC Level 1.
- Market makers, internal employees and their family members are not eligible to participate in this campaign.
- Users will be disqualified if cross trade, wash trade or other misbehaviors are detected.
- Reward distribution: Challenge 1 rewards will be distributed within 7 days after campaign ends, challenge 2 and 3 rewards will be distributed daily to users who won on the day before.
- AAX reserves the rights to amend the Terms and Conditions of this campaign without prior notice.