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
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