MANA Mania! Cash in on $51,000 Prize Pool
Hello Phemex users,
MANA, the native token of Decentraland, just recently hit an all-time high. To celebrate, we’re giving all our users a chance to claim some sweet rewards by depositing and trading MANA. Over the next week, you can win from a $51,000 prize pool in USDT or trading bonuses.
All you need to do is follow the embedded campaign actions below (directly on this announcement page) and complete the stated actions. After that, you can win via MANA deposit amount, MANA trading volume, or by just being lucky.
Follow the steps below to participate:
Now you can view and complete all necessary actions directly on this announcement page! See below:
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): Nov. 26 – Dec. 6
Stage 2 (Announcement of Winners): Dec. 13
Stage 3 (Prize Distribution): From Jan. 3, 2022
There are three separate prize pools, meaning you have three different ways to win money. See below for more details on each one.
Prize Pool 1: $1,000 USDT (Airdrop)
- 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 $1000 prize pool, so each lucky winner will get $10 USDT.
Prize Pool 2: $20,000 USD Trading Bonus (Deposit Volume)
- The second segment is based on your net deposit volume of MANA during the campaign period. For your MANA deposits to count, they must remain in your account throughout the duration of the campaign period (any withdrawals will be subtracted from final calculation).
- Users will receive 1% of the value of their net MANA deposits, distributed as USD trading bonuses. Value calculation is based on the final price of MANA on the date that winners are announced.
- A total of $20,000 USD will be given out in trading bonuses on a first come, first serve basis. So hurry up and deposit MANA!
Prize Pool 3: Up to $30,000 USDT (Trading Volume)
- The third way to win is via MANA trading volume (spot + contract) during the campaign period. All participants who record more than $1,000 in MANA trading volume (spot + contract) will split the prize pool for this segment.
- For each eligible participant, the share of the prize pool will be calculated using the following formula: Prize pool * (individual trading volume / trading volume of all participants)
- The total prize pool for this segment grows up to 30,000 USDT based on the total trading volume achieved by all participants during the campaign period. Thresholds are:
Total Trading Volume of all Participants
Total Prize Pool
$0 – $100 million worth of MANA
$100 million – $200 million worth of MANA
More than $200 million worth of MANA
Terms and Conditions
- To qualify for this event you must complete all actions on the Gleam form above, shown directly on this announcement page (no need to visit external page).
- 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.
- By 12/13/2021, winners will be contacted via email from email@example.com. The prizes will be distributed starting from 01/03/2022.
- Phemex reserves the right to make any final and binding amendments to these rules.