Time: December 22nd, 17:00 - December 30th, 17:00（UTC+8)
Only users who [Register now] and participate will be eligible for rewards.
Product link: HERE
Rule 1：During the event period, the system will capture a snapshot of the GDN holdings in user accounts each day and calculate the daily average of these snapshot holdings.
During the event period, If a user's daily average GDN snapshot holdings reaches ≧ 500 USDT worth of $GDN, they will be eligible to share the airdrop reward of 3,700 USDT worth of $GDN, distributed proportionally based on their daily average GDN snapshot holdings compared to all qualifying users’ daily average GDN snapshot holdings.
Rule 2：During the event period, the user with the highest daily holding and a daily average of ≧ 1500 USDT worth of $GDN will have the opportunity to receive a random reward, range from a minimum of 30 USDT worth of $GDN to a maximum of 88 USDT worth of $GDN.
* Reward Calculation Formula: The reward amount allocated to a certain user = The average 7-day holding amount of the user / The total 7-day holding amount of all users * Reward pool
* Explanation of Daily Holding Statistics Logic for Global GDN:
The daily holding statistics for GDN are based on a daily snapshot taken at 00:00 (UTC+8) of the user's spot account holdings.
The average holding during the user's active period = "Sum of daily 00:00 (UTC+8) spot account holding snapshots" / 7 days.
Terms and conditions:
- Users will not receive rewards if their holding transactions do not comply with the rules and the amount is less than 800 USDT worth of $GDN.
- In the event of users having the same trading volume, priority will be given to the users who executed their trades first in terms of ranking.
- Coinstore reserves the right to disqualify users’ eligibility for rewards if their accounts are involved in any dishonest behavior (e.g., wash trading, illegal bulk registration of accounts, self-dealing, or market manipulation).
- 5000U worth of GDN in the reward pool, according to the price of 0.005 USDT, the final reward is calculated according to the number of coins(GDN).
- The reward will be delivered to your spot account within 8 business days after the event ends.
- Coinstore reserves the right to the final interpretation of these rules.
You must register to be eligible for the award.
Coinstore Global,
22nd Dec, 2023