Ocean Protocol Trading Competition
Published On : 2019-05-28 11:18:48
Ocean Protocol (OCEAN) gets listed on KuCoin. To celebrate the listing, KuCoin is doing a Trading Competition with 3 BTC + 200,000 OCEAN to Give Away.
Official announcement by KuCoin:
During the competition period, users will be ranked in terms of the total OCEAN trading volume (including both buys and sells) and the total OCEAN net buying volume (buys minus sells) on KuCoin across all OCEAN trading pairs. The competition will run from 18:00:00 on May 27, 2019 to 18:00:00 on June 03, 2019 (UTC +8).
1. Top 50 Traders: Win a total of 2 BTC + 100,000 OCEAN!
The top 50 accounts with the highest trading amounts of OCEAN (buys + sells) on KuCoin will win a share of 2 BTC + 100,000 OCEAN rewards in proportion to their trading amount.
Reward Calculation:
Reward for each user = (Each user’s total trading volume / Top 50 users’ total trading volume) × (2 BTC + 100,000 OCEAN)
For example:
If you enter the top 50 according to your OCEAN trading amount during the competition, with a transaction volume of 10,000 OCEAN and the total transaction volume of the top 50 users is 100,000 OCEAN, your reward proportion will be 10%, which would be 0.2 BTC + 10,000 OCEAN.
2. Participation Award: Win a total of 100,000 OCEAN!
A pool of 100,000 OCEAN will be evenly split between all accounts which have an OCEAN trading volume (including both buys and sells) of 10,000 OCEAN or more over the course of the competition period.
3. Top 5 Net Buying Trader: Win 1 BTC!
The top 5 accounts with the highest net buying amounts of OCEAN (buys - sells) on KuCoin will win a share of 1 BTC rewards in proportion to their trading amount.
Reward Calculation:
Reward for each user = (Each user’s total net buying volume / Top 5 users’ total net buying volume) × 1 BTC
For example:
If you enter the top 5 according to your OCEAN net buying amount during the competition, with a net buying volume of 10,000 OCEAN and the total net buying volume of the top 5 users is 100,000 OCEAN, your reward proportion will be 10%, which would be 0.1 BTC.
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