CoinW will start a new ETF trading airdrop event. During the event, you can get rewards for participating in daily ETF trading activities. The details of the event are as follows:
Event Time：2022/8/10 4:00 – 2022/8/15 16:00(UTC)
[A]Trade ETF can share 2500 USDT-ETF airdrop rewards！
All users who participate in ETF trading during the event can share 500 USDT-ETF prize pool on the day. The event lasts for 5 days, and the rewards will be distributed on T+1 day.
[B] Yield competition to share prize pool！
During the event, users will be ranked according to the rate of return (selling amount/buying amount * 100%) of users participating in ETF transactions, and rewards will be issued according to the ranking. The higher the rate of return, the more rewards will be obtained. The reward is 50% of the total transaction fees in the ETF trading area during the event (hereinafter collectively referred to as the prize pool, and the reward will be issued in the form of ETF tokens).
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《Yield competition》Event rewards distribution
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Ranking
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Reward
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1
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20% of the prize pool
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2
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15% of the prize pool
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3
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12% of the prize pool
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4
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10% of the prize pool
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5
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8% of the prize pool
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All users with a return rate > 200%
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Share 35% of the prize pool
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Event Description:
1. The rewards for event A will be issued on T+1 day, and the rewards for event B will be issued within 3 working days after the event ends;
2. Calculation method of return rate of event B: rate of return = cumulative selling amount of ETF currency pairs/cumulative buying amount of ETF currency pairs during the event * 100%;
3. The event B prize pool is a dynamic prize pool: 50% of the transaction fees in the ETF trading area during the event, and the reward will be issued in the form of ETF tokens;
4. Coin-Margin ETF products do not participate in event B;
5. In order to ensure the fairness of the event, CoinW strictly prohibits cheating such as malicious brushing and batch registration of small accounts. If the user has any illegal operation that affects the normal operation of the activity, the CoinW platform will immediately disqualify the award, and in serious cases, the account will be frozen;
6. Market makers do not participate in activities as independent accounts;
7. The final interpretation right of the event belongs to CoinW. If you have any questions, please contact CoinW customer service for consultation.
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CoinW
2022/8/10