Gate.io SDAO Launch: Deposit and Trade SDAO & Win a share of $21,000 Mega Rewards
Gate.io will launch SDAO trading on July 3, 2021 at 4:00 UTC. Gate.io is currently holding a "Deposit & Trade SDAO" competition. We have a pool of $21,000 SDAO in rewards for users who deposit, and buy SDAO. New users need to sign up Gate.io to participate. SingularityDAO is a decentralised platform, governed by the SDAO token, tasked with governing DynaSets. DynaSets are diversified baskets of cryptocurrency assets dynamically managed by AI and curated by the protocol. SingularityDAO brings the financial sophistication AI-managed funds to DeFi, deploying SingularityNET’s AI technology to navigate complex markets.
Duration: 4:00, July 2 -- 4:00, July 9, 2021 (7 days in total)
Activity 1: First 600 Deposit users to Share 3,840 SDAO airdrop ($3,000 USD)
The 600 users to deposit will share 3,840 SDAO (about $3,000 USD). First come, first served! You need to deposit at least 510 SDAO . Fill the form & participate in our campaign here.
Deposit SDAO at https://www.gate.io/myaccount/deposit/SDAO
Activity2：Trade SDAO to share $15,000 in rewards
The top 100 users based on trading volume will share over $15,000.
1st Place: 1,920 SDAO（about $1,500）
2nd Place: 1,470 SDAO（about $1,150）
3rd Place: 960 SDAO（about $750）
The 4th-20th place：Will share the remaining 7,420 SDAO（about $5,800） based on trading volume.
The 21st-50th place：Will share the remaining 4,990 SDAO（about $3,900） based on trading volume.
The 51st-100th place：Will share the remaining 2,430 SDAO（about $1,900） based on trading volume.
*Note: The 4th-100th place bonuses are capped at 960 SDAO
During the competition, participants need to purchase and hold at least 1,020 SDAO. Participate now！
Activity 3: New Users Register & Trade, Total of $3,000 Reward to be Shared
During the activity period, each user who registers and completes any amount of valid trades can receive 6 SDAO (about $5) reward. First come, first served. Fill the form & participate in our campaign here
Activity 4: $300 SDAO for Twitter Giveaway
From now on, we will start a 7-day about 380 SDAO（$300 USD）twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 10 people from them and will give 38 SDAO（$30 USD）
Activity 5: SDAO Telegram AMA, $500 SDAO Giveaway
We will launch the SDAO Telegram AMA activity in the near future, inviting SDAO project personnel to visit the Gate.io Telegram group. During the Q&A period, 640 SDAO ($500 USD) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!
Access for Mobile Users:
Trade SDAO: Gate.io App-- “Markets”--Search the “SDAO/USDT Trading Market”
Rules of Competition:
1. The earlier you participate in trading volume the higher the weighting. User trading volume is calculated as (buy volume + sell volume) x (time bonus factor) (not counting same user buying and selling, please do not swipe trading volume). (Time bonus factor) from 1.2 times at the beginning of the campaign to 1.0 times at the end of the campaign, decreasing linearly over time.
2. Due to varied transaction costs for different VIP levels, in order to keep the competition fair, the transaction volume will be eliminated by multiplying the (actual commission/VIP10 commission) by the difference in user transaction commission.
3. Due to the difference in transaction cost for referrer rewards, in order to keep the competition fair, the transaction volume will be normalized by whether there is a referrer or not to eliminate the difference in user fee cost.
1. Rewards will be distributed to the winning user accounts within 7 working days after the end of the campaign, which can be viewed at “My Finance” - “Billings”.
2. Only One Entry per person will be permitted (KYC must have been completed). The Sub-Accounts and Master Account will be treated as the same account when participating in the competition.
3. In order to safeguard every user’s rights and guarantee fairness, the platform will cancel entries for malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc.
Risk Warning: Please be sure to note that the virtual currency market is volatile and losses may occur in different situations, so you are strongly recommended to understand all the related information and be vigilant in regards to your investment actions.
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July 2nd, 2021