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Announcements > News > Grab a Coin SOL Round 2! Cash in on $47,000 Prize Pool >

Grab a Coin SOL Round 2! Cash in on $47,000 Prize Pool

Author: Alan W. Date: 2021-09-07 09:00:47

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Hello Phemex users,

Solana is flying like a rocket ship these days, so we’re launching another Grab a Coin event for SOL! Over the next week, you can win from a $47,000 prize pool of SOL and USD. All you need to do is click on our Gleam campaign and complete the stated actions. After you successfully join, you can win via SOL deposit amount, SOL spot trading volume, or by just being lucky.

How to join?

Please follow the steps below to participate in the Grab a Coin event.

  1. Register for a Phemex account if you don’t have one
  2. Access the Gleam campaign
  3. Complete the Gleam campaign actions
  4. You’ve successfully joined! Make SOL deposits and spot trade SOL to increase your potential rewards

Dates

There are three stages total. The most crucial is the campaign period, then winners will be announced, and finally prizes distributed. You can find the timeline below.

Stage 1 (Campaign Period): Sept. 7 at 0:00 UTC  –  Sept. 14 at 0:00 UTC

Stage 2 (Announcement of Winners): Sept. 22

Stage 3 (Prize Distribution): From Oct. 13

Prize Pools

There are four separate prize pools, meaning you have four potential ways to win SOL. See below for more details on each one.

Prize Pool 1: $2,000 (Lucky Draw)

  • The first one is via lucky airdrop. Out of everyone who joins and completes the Gleam actions, 100 users will be selected to share a $2000 prize pool, so each lucky winner will get $20 USDT.

Prize Pool 2: $20,000 (Deposit Volume)

  • The second way is based on your deposit volume of SOL during the campaign period.
  • The ten participants who deposit the most SOL will share $20,000 worth of SOL in rewards.
  • Winners must deposit at least 1 SOL. The table below shows prize distribution.

Deposit Volume Rank

Bonus in SOL

1

$8,000

2

$5,000

3

$2,000

4-6

$1,000

7-10

$500

Prize Pool 3: $20,000 (Trading Volume)

  • The third way to win is via trading volume. All participants will be ranked based on their spot trading volume during the campaign period. If you rank in the top 10 at the end of the campaign period, you’ll win a significant amount of SOL.
  • Winners must trade at least 1 SOL. Refer to the table below for reward details:

Trading Volume Rank

Bonus in SOL

1

$8,000

2

$5,000

3

$2,000

4-6

$1,000

7-10

$500

Prize Pool 4: $5,000 (Deposit Bonus)

  • Everyone who deposits at least 1 SOL will win a $10 trading bonus
  • This reward is limited to the first 500 users who deposit 1+ SOL ($5,000 prize pool).
  • Any SOL deposits will count toward both prize pool 2 and prize pool 4.

Terms and Conditions

  • To qualify for this event you must complete all actions on the Gleam.io link
  • Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or UIDs, all offending accounts will be disqualified.
  • To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to their Gleam email.
  • The following actions will result in immediate disqualification:batch account registration, profits from market manipulation, self-dealing or wash trades.
  • Only main-accounts are allowed in this competition, sub-accounts will not be counted.
  • The final amount of SOL issued will be subject to the OTC settlement exchange rate on the date of issuance.
  • By September 17th, winners will be contacted via email from events@phemex.com. The prizes will be distributed starting from October 13th.
  • Phemex reserves the right to make any final and binding amendments to these rules.
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