Poloniex Exchange launches a promotion campaign for a new listing of the MATIC token. In order to participate, you need to complete transactions of a total volume of at least 80,000 MATIC during the competition to guarantee a reward. The greater the volume of trades, the higher the chances of receiving more valuable prizes.
Some users will be able to monitor their position and rank on a page hosted on the Poloniex site. The requirements to be able to receive a Trading position and ranking position are as follows: A. Users who have traded greater than or equal to 6,500 MATIC in trading volume will be ranked among other qualifying users and will be able to see their cumulative trading volume. B. To qualify for any prize pool, users must trade greater than or equal to 80,000 MATIC in trading volume during the competition period. C. While the leaderboard data is scheduled to be updated on an hourly basis, there could be latency delay.
“Trading Volume” is defined as the sum of a user’s total buys and sells on Poloniex. We calculate Trading Volume in the following way:
Trading Volume = Sum (executed buys of all MATIC pairs) + Sum (executed sells of all MATIC pairs)
Depositing or withdrawing via Poloniex will not be factored into the Trading Volume calculation.
Valid MATIC markets that will count towards the MATIC trading volume are MATIC/BTC, MATIC/USDT, and MATIC/TRX.
For the “2nd - 21st Place” prize pool, users that come in 2nd through 21st place will receive a portion of the pool proportional to their cumulative trading volume with respect to other users that qualify for that prize pool. Users in 1st through 21st place are not eligible for the “All Traders” prize pool.
For the “All Traders” prize pool, all eligible users will receive an evenly split amount of the pool among other users that qualify for this prize pool.
Reward distribution: rewards will be distributed within two weeks after the Promotion ends.
Poloniex Exchange are unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based out of a country in our prohibited countries list.
If Poloniex Exchange determine that an individual has used multiple accounts in order to win multiple prizes, we will distribute only one reward to that individual. Poloniex Exchange will distribute the most valuable of the rewards, as determined by the USD value.
The rules of the promotion shall be subject to Poloniex’s final interpretative decision and 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.