Dear LBank users,
To celebrate the listing and give back to our global communities, we will give away $7,500 CHEQ (300,000 $CHEQ) to the participants in our $CHEQ Trading Competition and Holding Competition！
Period: 2022.9.1 18:00 -2022. 9.8 18:00 (UTC+8)
I, Rewards Pool of trading competition: $3,750 CHEQ (150,000 $CHEQ)
1. Trading Competition
Users will be ranked in terms of the total $CHEQ volume traded on their LBank account (including both buy and sell orders) on CHEQ/USDT trading pair during the competition period. The top 10 users with the highest trading volume will be rewarded with the following prizes:
- 1st: 18% of the total prizes
- 2nd: 10% of the total prizes
- 3rd: 6% of the total prizes
- 4th-10th: split 21% of the total prizes (3% each)
2. Participation Rewards
During the events, all traders can share the remaining prize pool with a trading volume (including both buy and sell orders) at least 9,000 $CHEQ will be eligible to participate.
II,Rewards Pool of hold competition: $3,750 CHEQ (150,000 $CHEQ)
Rules:
During the event, a snapshot of $CHEQ(cheqd) holdings will be taken at a random time every day.
Airdrop is carried out according to the proportion of the number of positions held. The top 10 users with the most positions who hold more than 6,000 $CHEQ will be rewarded with 7,500 $CHEQ each, and other 50 users who hold more than 3,000 $CHEQ randomly selected will be rewarded with 1,500 $CHEQ each.
Note:
- By trading/holding $CHEQ, users are automatically enrolled in the trading competition and position activity.
- All the rewards will be sent within 7 business days (not including national holidays, and weekends) after the competition concludes.
- 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.
- LBank reserves the right to cancel or amend the competition or competition rules at our sole discretion.
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