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The competition will run from 18:00:00 Dec 10, 2018 to 23:59:59 December 17, 2018 (UTC +8).
Users will be ranked in terms of the total DAI volume traded on KuCoin (including both buys and sells) across all DAI trading pairs during the competition period.
1. TOP 5 Traders: 82 MKR in total to win!
The top 5 accounts with the highest trading amounts of DAI (buys +sells) on KuCoin will win a share of 82 MKR rewards in proportion to their trading amount.
If you enter the top 5 according to your DAI trading amount during the competition, with a transaction volume of 10,000 DAI and the total transaction volume of the top 5 users is 100,000 DAI, your reward proportion will be 10%, which would be 8.2 MKR.
2. TOP 6-200 Traders: 100 MKR in total to win!
Participate in trading DAI on KuCoin during the competition. Top 6-200 accounts with the trading amount of DAI (buys +sells) on KuCoin will share 100 MKR as rewards!
Top 6-10 traders: evenly split a pool of 10 MKR
Top 11-25 traders: evenly split a pool of 15 MKR
Top 26-50 traders: evenly split a pool of 20 MKR
Top 51-100 traders: evenly split a pool of 25 MKR
Top 101-200 traders: evenly split a pool of 30 MKR
Note: KuCoin will update the final competition rankings by 12:00 on December 18, 2018 (UTC+8).
KuCoin reserves the right of final interpretation of the competition. KuCoin will screen and analyze all trading accounts involved in these promotions before making the final decision of who the rightful winners are. Those users involved in competition manipulation, such as, but not limited to, registering a large number of KuCoin accounts to trade with each other will be disqualified. All rewards will be distributed among those traders who do not participate in these types of manipulative tactics.
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence there are still risks when investing. KuCoin is not liable for investment gains or losses.