KINE Tournament Ignites: Join the Campaign for Glory and Win the Grand Prize!
Dear all, We're thrilled to announce that the KINE Tournament is set to kick off on January 22, 2024. This exciting event opens a competitive campaign for all users to showcase their exceptional trading strategies and style, with the chance to claim substantial bonus rewards! Come rain or shine, we await your presence at the spotlight of the KINE Tournament!
Join the KINE Tournament (Season 1) and Stand a Chance to Win up to 500U Bonus!
Event Duration: From January 22, 2024, 0:00 to January 28, 2024, 23:59 (UTC+8).
How to join: No registration required! Users who simultaneously rank in the top 100 for both trading profit amount and profit percentage, with a trading volume of at least 200,000 USDT, will automatically enter rankings. Get ready for the competition!
Rules:
When the activity kicks off, the top 100 users with a trading volume of at least 200,000 USDT on both the profit and profit rate leaderboards will make their way onto the tournament leaderboard. Your overall score, calculated from profit, profit rate, and boost value, will determine your ranking.
During the activity, users can improve their rank through trading, inviting friends, and other methods. The leaderboard updates in real-time based on users' scores. At the end, the top positions (1st to 10th) will get rewards as per the table below.
| Ranking | Prize |
|---|---|
Champion (1st place) | 500u Bonus |
Second place | 300u Bonus |
Third place | 100u Bonus |
4th place | 100u Bonus |
5th place | 100u Bonus |
6th place | 100u Bonus |
7th place | 100u Bonus |
8th place | 100u Bonus |
9th place | 100u Bonus |
10th place | 100u Bonus |
1.Reward Distribution
Rewards will be distributed every Wednesday, with USDT directly deposited into users' assets accounts. Bonus rewards can be viewed in the bonus account or in the Reward Center under "My Rewards".
2.Boost Rules
If the user you choose to boost successfully enters the top 3 of the tournament leaderboard, you will have a chance to receive corresponding bonus.
Boost Reward Acquisition Conditions:
The boosted user enters the top 3 of the tournament leaderboard;
The boosting user enters the top 50 on the booster leaderboard;
Bonus Fund: Champion - 5U, Second Place - 3U, Third Place - 1U
Reward Calculation Method: Boost Order Coefficient * Bonus Fund
Boost Order and Coefficient Table:
Boost Order | Boost Order Coefficient |
Boost 1-10 Reward | 5x |
Boost 11-20 Reward | 3x |
Boost 21-50 Reward | 1x |
Example:
User A (the boosted champion): Boosters ranked 1-10 receive 25U, Boosters ranked 11-20 receive 15U, and Boosters ranked 21-50 receive 5U.
User B (the boosted Second Place): Boosters ranked 1-10 receive 15U, Boosters ranked 11-20 receive 9U, and Boosters ranked 21-50 receive 3U.
User C (the boosted Third Place): Boosters ranked 1-10 receive 5U, Boosters ranked 11-20 receive 3U, and Boosters ranked 21-50 receive 1U.
(*Above examples involve rewards in the form of future bonuses, learn more about Future bonus)
3.Notes
In case of tied scores, users will be ranked based on their UID order.
Each user gets one boost voting opportunity per season, and self-boosting is not allowed.
Users with a cumulative trading volume exceeding 10,000 USDT in the five days before the season are eligible for boost opportunities.
Boosting is only allowed in the first five days; unused boosts during this period become invalid.
The boosted user (on the tournament leaderboard) can be boosted up to 50 times per season. If they fall off but return during the activity, the boost count restarts.
Any malicious wash trading, illegal mass registration, or other violations during the activity will result in eligibility cancellation. The next user in line takes their place on the leaderboard.
Users not wanting to participate should contact official customer service to cancel eligibility.
Reward types and quantities for the tournament are subject to change each season. For precise information, kindly refer to the latest team announcements, and the team reserves the right to interpret.
Please note that KINE does not endorse or guarantee any virtual assets on the platform, as their prices can be highly volatile and investing in them carries risks. However, we prioritize our users and strive to create a professional, secure, and trustworthy environment for digital asset trading.
Kine Protocol Team
Jan 22, 2024
Last updated