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Announcements > Activities > Grab a Coin METAVERSE Edition – $30,000 Prize Pool for SAND, ALICE, YGG, SLP, AGLD! >

Grab a Coin METAVERSE Edition – $30,000 Prize Pool for SAND, ALICE, YGG, SLP, AGLD!

Author: Alan W. Date: 2022-01-19 09:08:11

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Hello Phemex users,

Are you aware that we just listed 12 top-notch, popular crypto assets onto our spot exchange? Out of these twelve, 5 coins – SAND, ALICE, YGG, SLP, AGLD represent potent building blocks for our future Metaverse. To celebrate these cutting-edge assets’ arrival on Phemex, we’re hosting a Grab a Coin event for these 5 Metaverse tokens and giving away up to $30,000 in the process! Simply complete the necessary campaign actions listed on this page to win.

Follow the steps below to participate:

Now you can view and complete all necessary actions directly on this announcement page! See below:

Grab a Coin: METAVERSE

Dates

There are three stages total. The most crucial is the campaign period, then winners will be announced, and finally prizes distributed. You can find the timeline below.

  • Stage 1 (Campaign Period): Jan. 19, 2022 – Jan. 26, 2022
  • Stage 2 (Announcement of Winners): Feb. 2, 2022
  • Stage 3 (Prize Distribution): From Feb. 23, 2022

Prize Pools

There are two separate prize pools, meaning you have two different ways to win money. See below for more details on each one.

Prize Pool 1: $5,000 USDT (Airdrop)

  • The first one is via lucky airdrop. For all new users who join, register, complete campaign actions, and finish KYC verification, 500 users will be selected to share a $5000 prize pool, so each lucky winner will get $10 USDT.

Prize Pool 2: Up to $25,000 in Trading Bonus (Trading Volume)

  • The second way to win is via spot trading SAND, ALICE, YGG, SLP, and AGLD during the campaign period. This one is open to all users, not just new registrants. All participants who record more than $1,000 in spot trading volume for these 5 assets will split the initial prize pool of $10,000 trading bonus for this segment.
  • For each eligible participant, the share of the prize pool will be calculated using the following formula: Prize pool * (individual trading volume / trading volume of all participants)
  • The total prize pool for this segment can grow up to $25,000 in trading bonus, based on the total trading volume achieved by all participants during the campaign period. Thresholds are:

Total Trading Volume of all Participants

Prize Pool 2

$0 – $100 million worth of SAND, ALICE, YGG, SLP, and AGLD

$10,000 in Trading Bonuses

More than $100 million worth of SAND, ALICE, YGG, SLP, and AGLD

$25,000 in Trading Bonuses

Terms and Conditions

    • To qualify for this event you must complete required actions from the announcement page
    • Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or UIDs, all offending accounts will be disqualified.
    • The 5,000 USDT prize pool promotion is available for only new users who register via “Register now on Phemex” action and complete KYC
    • To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to their email.
    • The following actions will result in immediate disqualification:batch account registration, profits from market manipulation, self-dealing or wash trades.
    • Only main-accounts are allowed in this competition, sub-accounts will not be counted.
    • The final amount of coin issued will be subject to the OTC settlement exchange rate on the date of issuance.
    • If your reward calculated based on your trading volume is less than 1 USD, we are unable to distribute USDT. Instead, the prize distributed will be a 5 USD trading bonus.
    • By Feb. 2, winners will be contacted via email from events@phemex.com. The prizes will be distributed starting from Feb. 23.
    • Phemex reserves the right to make any final and binding amendments to these rules.

 

 

 

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