500,000 HBAR Giveaway
Published On : 2019-09-20 14:08:42
To celebrate the listing of HBAR on OKEx, they are giving away 500,000 HBAR.
Promotion Period: 11:00 Sep 17 to 11:00 Sep 24, 2019 (CEST, UTC+2)
Official announcement by OKEx:
Activity 1: Deposit and Win HBAR
HBAR holders are entitled to share 200,000 HBAR in proportion to the actual amounts of their deposits. We will take the smaller value of the following as your actual amount of deposit: 1) HBAR deposited – withdrawn, 2) your first deposited amount of HBAR during the period.
For instance, if the net number of HBAR deposited is 100 HBAR and your first deposit amount is 90 HBAR during the period, the latter is the actual amount of deposit.
Activity 2: Create Maker Orders to win HBAR
Order makers may get chances to share extra 150,000 HBAR! Our system will calculate each maker’s total score at all markets on a daily basis. You can get a higher score by making orders nearer to the last traded price, open more orders, and open orders for a longer period of time.
- All HBAR trading pairs are randomly snapshotted per minute. Your score is calculated according to the number of buy/sell orders.
- A maker’s score per snapshot is calculated as number of effective orders * total order weight, and the total order weight is calculated as 1 – ABS (maker price / latest traded price - 1) / 2% (ABS means absolute value).
- Effective range of orders: Orders priced between 95% * latest traded price and 105% * latest traded price are deemed as effective.
- The daily sum of scores per trading pairs snapshotted is the final score per trading pair a maker gets in a day.
Order makers are entitled to share 150,000 HBAR on a pro-rata basis according to the proportion of their final scores during this period.
Activity 3: Trade and Win HBAR
The first 5,000 HBAR traders are entitled to share 150,000 HBAR in proportion to their traded volumes during this session.
Remark: this session is available for verified users of KYC level 2 or above only.