Dear CoinW users:
CoinW will list BENQI (QI) and open the QI/USDT trading pairs on DeFi Zone on 11/24 12:00(UTC), and will list QI 3L/USDT、QI 3S/USDT on ETF zone on 11/24 12:00 (UTC). Details are as follows:
Deposit:11/24/2022 13:00 (UTC)
Trade: 11/24/2022 12:00 (UTC)
Withdraw: 11/25/2022 11:00 (UTC)
QI Project Information: See the details below
Analysis: CoinW Institute - QI Project Analysis
To celebrate the listing of QI and QI ETF products. CoinW will simultaneously start battle in the trading contest to share $2,500！Details are as follows：
Event Time：11/24/2022 12:00(UTC) - 11/26/2022 15:59(UTC)
Event participation currency: QI、QI 3L、QI 3S
Battle in the trading contest to share $2,500！
Users who conduct transactions of designated currencies in the spot area (spot area/ETF area) can be given corresponding rewards according to the comprehensive value of the respective transaction volume ratios of the spot area and the ETF area during the event. The number of rewards is limited, and they are issued in descending order of the user's comprehensive value. The rules are as follows:
Comprehensive value = transaction volume in spot area * 20% + transaction volume in ETF area * 80%
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Comprehensive value and ranking
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Reward (USDT-ETF)
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Prize pool
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1
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$100
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$100
|
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2
|
$60
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$60
|
|
3
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$30
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$30
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>10000 USDT
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$15/person
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$510
|
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>3000 USDT
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$8/person
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$1200
|
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>100 USDT
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$3/person
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$600
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Token name: QI
Project official website: https://benqi.fi/
Block query:
https://snowtrace.io/token/0x8729438EB15e2C8B576fCc6AeCdA6A148776C0F5
Project Introduction:
BENQI is a decentralized non-custodial liquidity market protocol on Avalanche. It scales DeFi with a suite of yield-generating products. The platform offers a lending marketplace and is developing Liquid Staking. Users can borrow and lend tokens, participate in network governance and stake.
Event Description:
- Calculation method of comprehensive value: comprehensive value = trading volume in spot area * 20% + trading volume in ETF area * 80%;.
- Transaction volume = buy volume+ sell volume during the event;
- Event rewards will be issued within 5 working days after the event ends, please pay attention to check;
- Event rewards will be issued in the form of USDT equivalent ETF tokens;
- The price of event rewards will be calculated at 16:00 after the event ends;
- In order to ensure the fairness of the event, CoinW strictly prohibits cheating such as malicious brushing and batch registration of small accounts. If the user has any illegal operation that affects the normal operation of the event, the CoinW platform will immediately disqualify the award, and in serious cases, the account will be frozen;
- Market makers do not participate in event as independent accounts;
- CoinW reserves the final interpretation right of the event. If you have any questions, please contact CoinW customer service for consultation.
CoinW official site: https://www.coinw.com/
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CoinW
2022/11/24
