Deposit JOE to share $100,000 in JOE!

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Promotion Period: Dec 17, 2021 14:00 PM - Dec 24, 2021 14:00 PM (UTC)


Deposit JOE to share $100,000 in JOE!

All level 2 identity verified users who net deposit JOE to FTX will share a pool of $100,000 JOE tokens! The more you deposit, the more you earn!

 

Prizes:

  • Each user’s prize is calculated based on their JOE net deposit during the “Promotion Period”. 
  • Each user’s prize = (User’s net deposit of JOE during the “Promotion Period”/ Total net deposit of JOE during the “Promotion Period” ) x $100,000. 
  • Prize for each user is capped at $1,000 in JOE token.
  • Reward calculation example: 
    • Total net deposit of JOE during the “Promotion Period” is 2,000 JOE.
    • User A net deposited 1,000 JOE and the remaining 1,000 users net deposited 1 JOE each. 
    • User A’s reward = min ($1,000, (1000/ (1000 + 1 x 1000)) x $100,000 ) = $1,000
    • Each of the rest of the users’ reward = min ($1,000, (1/(1 x 1000)) x ($100,000 - $1,000)) = $99

Note:

  • This campaign is only open to FTX.COM and FTX Pro users, and not FTX App nor FTX US users.
  • Total net deposit of JOE = total JOE deposit during “Promotion Period” - total JOE withdrawal during  “Promotion Period”.
  • FTX will use the price of the JOE/USD trading pair as the exchange rate used for distribution, at the time of distribution.
  • The event only counts the net deposits to the FTX Wallet. If you deposit to your OTC Wallet, please make sure you transfer to your FTX Wallet.

 

About Trader Joe

Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Trader Joe builds fast, securely and aims to serve the community at the frontier of DeFi. The vision is simple, build a DeFi platform like no other. A comprehensive, highly accessible and uniquely innovative experience. A hub for DeFi primitives, all under one roof.

 

Terms & Conditions:

  • All rewards will be distributed to FTX.COM accounts within 7 days after completion of the campaign.
  • FTX reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • FTX reserves the right in its sole discretion to amend or change or cancel this competition at any time and for any reasons without prior notice.
  • For complete terms of service please see below.
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