Dear LBank users,

 

To celebrate the listing of SHR(Shira Inu), we will give away $17,000 SHR in our SHR(Shira Inu) Trading Competition and Pending Order Mining Events!

 

Period: 12.04 00:00 - 12.11 00:00 (UTC+8)

 

I, Rewards Pool of Trading Competition: $10,000 SHR

1. Trading Competition

Users will be ranked in terms of the total SHR volume traded on their LBank account (including both buy and sell orders) on the SHR/USDT trading pair during the competition period. The top 10 users with the highest trading volume will be rewarded with the following prizes:

  • 1st: 21% of the total prizes
  • 2nd: 12% of the total prizes
  • 3rd: 8% of the total prizes
  • 4th-10th: split 35% of the total prizes (5% each)
2. Trading Lottery

Users with a trading volume (including both buy and sell orders) at least of 200 USDT of SHR will be eligible to participate. Users who rank between 11th and 50th with a ranking number ending in 4 and 7 (i.e. 14th, 17th, 24th, 27th, 34th, 37th, 44th, and 47th) will be selected to receive 3% of the total prizes.

 

II, Rewards Pool of Pending Order Mining: $7,000 SHR

Activity rules: LBank takes a snapshot of the SHR/USDT trading pair every 5 minutes to record the number of pending orders for the top 10 buy orders and the top 10 sell orders, then calculates the return, and distribute 7,000USDT worth of SHR as rewards at the end of the event.

Mining reward calculation: The reward coefficient of buying order return is calculated by the amount of the pending order, the weight of the pending order and the time frame, and the selling order return is uniformly calculated with the first sell order price as the calculation price, the weight of the pending order and the time frame to calculate the reward coefficient.

*Reward of activity = amount of pending order * weight of pending order * time frame of pending order / total reward coefficient for the top ten orders *$7,000

Weight of Buying Orders Weight of Selling Orders
1st: 1 1st: 1
2n: 0.9 2n: 0.9
3rd: 0.8 3rd: 0.8
4th: 0.7 4th: 0.7
5th: 0.6 5th: 0.6
6th: 0.5 6th: 0.5
7th: 0.4 7th: 0.4
8th: 0.3 8th: 0.3
9th: 0.2 9th: 0.2
10th: 0.1 10th: 0.1

 

Note:

  1. By trading SHR, users are automatically enrolled in the trading competition and trading lottery; 
  2. All the rewards will be sent within 10 business days (not including national holidays, and weekends) after the competition concludes.
  3. All trades that we deem to be “wash trades” will not be counted towards your trading volume for this competition. LBank reserves the right to freeze any suspected accounts.
  4. LBank reserves the right to cancel or amend the competition or competition rules at our sole discretion.

 

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If you have problems, please contact LBank official email: [email protected], and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBank_en.