Event Rules:
Stand to win a share of the 30,000 USDD prize pool by cloning or creating your own spot grid strategy on Trading Bot.
Activity Period:
14 days from 10:00:00 (UTC) on Dec 22, 2022 to 10:00:00 (UTC) on Jan 5, 2023
Trading pair:
USDD trading pairs (26 pairs in total)
Prize Pool:
Your earnings will be calculated based on the proportion of your allocation and trading volume per minute during the event period. The prize pool is 30,000 USDD.
Bonus calculation:
Rewards per minute = [(Your allocation amount in the minute / All participants' total allocation amount in the minute) * 0.2 + (Your trading volume in the minute / All participants' total trading volume in the minute) * 0.8] * Total prize pool / 20,160
Note: 20,160 is the total duration of event minutes.
Prize distribution:
1. All rewards will be distributed in the form of USDD.
2. At the closing of the event, you can click "Claim" to claim your rewards and check your reward by going to Assets > Asset History > Financial Records > System. If the rewards are not claimed after the end of the event, the system will hold the rewards for you for 14 working days. Please claim your rewards as soon as possible.
3. If the current price deviates from the strategy price range you created, the amount you allocate to the strategy will not be included in the bonus calculation.
4. All strategies that were created before the event and continue to run throughout the event period will be not counted as your mining hash rate, which you cannot earn rewards for accordingly.
5. Market makers are not eligible to participate in this event.