Dear Users,
The AscendEX Avalon Labs (AVL) Trading Competition is now open, compete for volume and win $3,000 Rewards in prizes by trading during the campaign period!
Activity Duration:
2025/02/21 12:00 PM - 02/28 12:00 PM(UTC)
Campaign Rules:
1) During the campaign period, users can trade in AVL/USDT trading pairs on the spot portion. The prize will be calculated based on the cumulative trading volume (Buy + Sell) as follows:
Rankings | Prize | Min Trading Volume |
1st | $1,000 Rewards | 500,000 USDT |
2nd - 3rd | $800 Rewards | 100,000 USDT |
4th - 10th | $600 Rewards | 20,000 USDT |
Sunshine Award | $600 Rewards | 5 USDT |
2) The formula for calculating the 2nd - 10th place reward is:
Reward amount = (your cumulative trading volume) / (sum of cumulative trading volume of the corresponding board) * (prize pool of the corresponding board);
(3) The formula for calculating the Sunshine Award is:
Reward amount = (your cumulative trading volume) / (the sum of the cumulative trading volume of the corresponding board) * (the corresponding board pool).
Notes:
1) In the case of the same amount of user transactions, the user who completes the cumulative transactions first will be given priority in the ranking;
2) KYC02 needs to be completed to receive the rewards of this campaign;
3) The rewards for each eligible user will be distributed in accordance with the Token Reward Rules, and the quantity will be determined based on the market price at the time AscendEX collects the reward tokens from the project;
4) The rewards will be deposited into the winners' spot accounts within 10 business days after the end of the campaign;
5) AscendEX reserves the right to disqualify the user from the reward if there is any dishonest behaviour in the account (e.g. fraudulent trading, illegal bulk registration of accounts, knockout, market manipulation, etc.).
*The final interpretation of this activity belongs to AscendEX.
Risk Warning:
The cryptocurrency market is volatile, please invest rationally and control the risk to avoid unnecessary property losses.
AscendEX Team
21th February 2025
Website: https://ascendex.com/
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