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Announcements LUNC Trading Carnival: $10,000 Giveaway & LUNC Buyback & Burn
LUNC Trading Carnival: $10,000 Giveaway & LUNC Buyback & Burn
2022-09-08 12:15:01 UTC 39094 Read
Dear Gate.io Users:

LUNC price saw huge gains recently amid the LUNC staking and 1.2% transaction tax proposal.
Gate.io fully supports LUNC network upgrade and is holding a trading campaign with $10,000 mega prizes giveaway.

Besides, all the trading fees incurred in the trading competition on the LUNC/USDT trading pair by the registered users will be used to buy back LUNC in the secondary market, then be burnt.

Click to Register Now
(Only registered users are included in the campaign)

The details are as follows:
Activity period: From now on - 10:00, September 11 UTC
Awards and rules:
All registered Gate.io users, who join to trade the LUNC/USDT trading pair during the activity period, with a minimum trading volume no less than $200, are able to share a mega prize pool of $10,000 in proportion to their trading volumes respectively.

Along that, all trading fee income from LUNC/USDT trading during the campaign period by the registered users will be used to buy back LUNC and then be burned.

Note:
1. LUNC Burn Address provided by Terra official: https://finder.terra.money/columbus-5/address/terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu
2. The trading fees for LUNC buyback refers to the fees generated by traders in trading the LUNC/USDT spot pair in the activity period only, excluding fees paid by Point, GT, or the fees generated by market marker and VIP 10 or above users.
3. Please note that the LUNC burn address is the Terra official burn address, not provided by Gate.io, who shall not be responsible for any asset movement in the address after the buyback & burn transfers.
4. Trading Volume = Buys + Sells
5. The $10,000 reward is in Gate.io Points, with a 15 days valid period, which can be used to deduct trading fees.
6. KYC2 is required to be valid for the prizes.
7. Rewards will be distributed within 14 working days after the campaign ends.
8. Gate.io reserves all rights to the final explanation.This event is not affiliated with Apple Inc.
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