Synthetix Trading Competition - DropsEarn
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Synthetix Trading Competition

Synthetix Trading Competition

    Polonex Exchange launches a promotion campaign for a new listing of the SNX token. In order to participate, you need to complete transactions of a total volume of at least 1,500 SNX to guarantee a reward.  The greater the volume of trades, the higher the chances of receiving more valuable prizes.

    Reward pool
    TBA
    TBA
    Expected profit
    chance to win share of prizes
    SNX
    Max participants
    TBA
    No limit
    DropsEarn score
    Neutral
    Medium, Low Risks
  • Activity Type: Event Trading
  • Date: 3 Apr 2020 00:00(UTC+3) - 9 Apr 2020 23:59(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Twitter announcement Poloniex SNX Leaderboard Official site
Go to event page

How To

  1. Log in to your account on Poloniex exchange or create a new.
  2. Trade SNX in any of the available pairs during the contest period

Terms and Conditions:

  1. Promotion Period: 7 days - 21:00 UTC on 2nd April 2020 to 20:59 UTC on 9th April 2020.
  2. 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:
  3. Users who have traded greater than or equal to 150 SNX in trading volume will be ranked among other qualifying users and will be able to see their cumulative trading volume. To qualify for any prize pool, users must trade greater than or equal to 1,500 SNX in trading volume during the competition period. 
    While the leaderboard data is scheduled to be updated on an hourly basis, there could be latency delay.
  4. “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 SNX pairs) + Sum (executed sells of all SNX pairs)
    Depositing or withdrawing via Poloniex will not be factored into the Trading Volume calculation.
  5. Valid SNX markets that will count towards the Synthetix x Poloniex Trading Tournament volume are SNX/BTC, SNX/USDT, and SNX/TRX.
  6. 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.
  7. 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.
  8. Reward distribution: rewards will be distributed within two weeks after the Promotion ends.
  9. Poloniex is unable to distribute rewards or airdrops to customer accounts that are frozen, closed, or based out of a country in our prohibited countries list. 
  10. If Poloniex determine that an individual has used multiple accounts in order to win multiple prizes, Poloniex will distribute only one reward to that individual. Poloniex will distribute the more valuable of the two rewards, as determined by the USD value.