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Launchpad Project Promotion Round 3 - Trade ONE or Run a Pangaea Node to Win a Share of $300,000 ONE

Launchpad Project Promotion Round 3 - Trade ONE or Run a Pangaea Node to Win a Share of $300,000 ONE

2019-08-08 06:24

Binance and Binance Launchpad project Harmony have together committed a total of $300,000 in ONE tokens to give away to our users worldwide to celebrate Binance’s 2nd anniversary and to thank all users for their continued support over the past two years. We have allocated $50,000 in ONE tokens for the ONE trading competition and $250,000 in ONE tokens to be rewarded for running a Pangaea node. 

Promotion A: ONE trading competition to Win a Share of $50,000 ONE

Promotion period: 2019/08/09 00:00 AM to 2019/08/16 00:00 AM (UTC).

Users with trading volume of at least 1,200 ONE will share a pool of $50,000 ONE based on the proportion of their ONE trading volume against the total trading volume of eligible traders during the competition period. This includes buys and sells across any ONE trading pairs.

Reward Calculation:

Rewards for each user with at least 1,200 ONE trading volume = (Each user’s total trading volume / Total eligible users’ trading volume) × $50,000 ONE

Promotion B:Run a Pangaea Node to Win $250,000 in ONE Tokens

Promotion Timing:

Phase 1: 2019/08/15 0:00 AM to 2019/08/29 0:00 AM (UTC).

Phase 2&3: Starts from 2019/08/15.

Activity Rules:

Users must register for the Pangaea activity using their Binance referral ID and all users who are successful in running a node will receive up to $50 in ONE tokens for each node based on a first come first serve basis until a total $50,000 in ONE tokens have been sent out during phase 1.

During Phase 2 & 3, all users will share a pool of $200,000 ONE based on the performance and upkeep of each node. For more information, please refer to the Pangaea node guide here

How to participate? Register through the steps below:

  1. Copy your Binance referral ID (login to your Binance account and obtain your referral ID in the Binance referral page).
  2. Go to this page and submit your information including your Binance Referral ID.
  3. Receive your ‘Pangaea Code’ in the email you used to register. 
  4. Download your keys using your personal ‘Pangaea Code’ on this page
  5. Set up your node following these steps in the Pangaea activity guide.

Terms:

  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
  • Binance reserves the right to disqualify accounts that are deemed to be engaging in wash trading or display attributes of market manipulation.
  • Trading volume counts both buys and sells, excluding any wash trades.
  • Margin account trading volume is combined with users' standard trading volume in the final calculation. However, each sub-account will be viewed as an independent account when participating in this activity.
  • Rewards for the promotion A will be issued within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Account Center.
  • Rewards for the Promotion B will be distributed on August 29th upon completion of Phase-1 by the Harmony team.
  • The exchange rate between ONE and USDT will be based on the real-time exchange rate - The Harmony team will give ONE token based on the price of the day we distribute rewards.

Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.