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Announcements Trade Sylo (SYLO) To Win Over 11,000,000 SYLO in Rewards ($21K +)
Trade Sylo (SYLO) To Win Over 11,000,000 SYLO in Rewards ($21K +)
2020-12-07 09:59:11 UTC 97073 Read
Gate.io and the Sylo team have committed a total prize pool of 11,000,000 SYLO tokens to celebrate their recent listing on Gate.io.

Competition Period
From December 7th 13:00 to December 14th 13:00 (UTC) (7 days in total)

Trading Competition:
During the competition period, you need to buy and HODL at least 50K SYLO

The top 100 traders by net trading volume, reward structure is as follows:

Details:
1)The First Prize: 2mil SYLO (worth about 3,970 USDT)
2)The Second Prize: 1.5mil SYLO (worth about 2,980 USDT)
3)The Third Prize: 750K SYLO (worth about 1,490 USDT)
4) The remaining 97 winners will share 4.75mil SYLO (worth about 9,430 USDT) - according to their net buying volume.


Twitter Giveaway: 2mil SYLO (worth about 3,900USDT)
14-day promotional Twitter event, follow and refer your friends to enter our lucky draw!
After the event 10 lucky random participants will be selected and rewarded with 200K SYLO (390 USDT) each!
Click to participate:
https://www.gate.io/en/article/18502?ch=18502twi#giveaway

Reward Distribution

The prizes will be distributed 7 working days after the end of the competition.
Entry is subject to all local laws.


*Important Notice

1) At the end of the activity, a user’s account balance should be no less than the calculated result of (Buy volume during the competition-Sell volume during the competition, with a minimum account balance of this value).
*Net buy volume = (Buy volume – Sell volume) x a time factor (excluding trading between one individual’s accounts)
The time factor decreases linearly, it is 1.2 at the beginning and 1.0 at the end of the competition. The earlier the trades, the more weight they have.
2) The competition is available to users who have completed KYC with a single account. Subaccount itself can not participate as an independent account trading will contribute to that of its master account.
3) As users of different VIP tiers have different trading fee costs, we will multiply the trading volume by (effective trading fee/VIP16 trading fee) to offset the trading fee cost differences.
4) As users with referrals have trading fee revenue, we will further normalize the trading volume based on whether they have referrals or not to offset the trading fee cost differences

Trade SYLO here:
https://www.gate.io/trade/SYLO_USDT

The event is sponsored by the Sylo Team.
Official website: https://Sylo.io/

Gate.io reserves the final right to interpret this activity.

Risk warning:
Cryptocurrencies are high-risk, speculative investments, susceptible to impact from market, policy and other factors. Please be aware of the risks involved and make investment decisions with caution.

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Twitter: https://twitter.com/gate_io
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Instagram:https://www.instagram.com/gateioglobal
Medium:https://medium.com/@gateio


Gate.io Team
December 7 , 2020


$3900 SYLO Giveaway
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