The first EQO Dollars airdrop just launched on EQONEX.

For those who missed the airdrop, there’s a second chance where you can participate and enjoy the collateral kickstart. We are organizing the EQO-D Community Contest (“Campaign”) subject to the General Terms and Conditions of the Campaign:

The Campaign will start on Monday, October 4, 2021 at 00:00 UTC and end on Friday, October 29, 2021, at 00:00 UTC (“Campaign Period”).

The Campaign is only open to selected participants invited by EQONEX (“Participants”).

Mechanics

There will be four EQONEX partners hosting the community contests (see below). Each community will publicly recruit and select 10 traders to participate in the contests. To qualify for the contests, traders have to sign up via the influencers' specific referral links in order to receive their allocation of EQO Dollars.

Upon the influencer’s confirmation, each Participant will be allocated 1,000 EQO-D to trade perpetual futures for this Campaign. Participants need to create new Sub-Accounts on EQONEX, allocate only the EQO-D token, and only trade from those Sub-Accounts for this competition. No additional deposit can be made within the Campaign Period.

The trader who generates the highest profit in the designated EQO-D Sub Account among each community by the end of the contest will win an additional $2,500 in EQO.

For the purpose of this Campaign, your Profit will be calculated as:

  • USDC balance in your EQO Dollars Sub Account on Sunday, October 29, 2021, at 00:00 UTC, minus

  • USDC balance in your EQO Dollars Sub Account when you receive it, minus

  • USDC from spot asset sales in your EQO Dollars Sub Account between the above dates.

Each Participant is also eligible to participate in a reward promotion where up to a maximum 5,000 EQO-D can be swapped to USDC at the then determined ratio with a total reward pool capped at USDC 200,000 via the EQONEX user interface between 00:00:00 UTC October 26th, 2021 and 23:59:59 UTC October 28th, 2021. For more details, please go to EQO-D whitepaper.

All Participants of the Campaign need to have an EQONEX account to participate in the contest and receive their rewards. By participating in this Campaign, all Participants agree to have their account balances published and used by EQONEX marketing team at our sole discretion during the Campaign Period.

Participating Communities:

The total campaign budget is capped at $10,000 in EQO.

Perpetuals Trader is defined as any Participants who make any Perpetual BTC/USDC and/or Perpetual ETH/USDC trade during the Campaign Period.

Winners of this Campaign must have an EQONEX account and complete KYC Level 3 within the Campaign Period to qualify for any rewards under this Campaign (“Qualified Winners”).

The Campaign General Terms and Conditions shall apply to this Campaign. Please read carefully the Campaign General Terms and Conditions available through this link.

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