[FAQ] Polars Big Trading Competition

When does the trading competition end?

11:59 UTC, December 13

What shouldn’t be done during the Big Trading Competition?

You cannot move any of the assets between users wallets: PUSD, WHITE, BLACK, PTPT. You have initial PUSD on your personal wallet and are only allowed to interact with Prediction Pool and Trade Pool smart contracts. Otherwise, your account will be excluded from the list of winners.

What activity do you need to do in order to get an Airdrop (30% of the Prize Pool)?

You need to complete at least 10 transactions on the Polars platform during the Big Trading Competition. Transaction is the interaction of your wallet with the Prediction Pool and / or Trade Pool.

Additionally, you need to complete the tasks of our sponsors and partners, which are described here: https://medium.com/polars-platform/polars-prize-pool-and-list-of-sponsor-tasks-a56f512803ce (Tasks can be completed at any time before the end of the competition)

What is the main goal of the Polars Big Trading Competition?

Education. We want to show you how Polars, Prediction Market and DeFi work. We really hope that you enjoy the mechanics of polar tokens and that you stay with us on the mainnet.

When will the Bounty Program rewards be distributed?

After the end of the trading competition. During the week. Now we are taking snapshots of the winners every week. Rewards will be distributed according to the results of the snapshots taken.

How and when will be distributed the referral program rewards?

Referral rewards will be distributed within a week after the end of the trading competition. All users who have 500 POL on their wallet during the trading competition will receive 0.005 POL for every $ 1 of the trading turnover of the invited referrals. You can see the results later in the referral bot interface: https://t.me/referralServiceBot

Arbitrage bot wallets, as well as wallets affiliated with them, will be excluded from referral rewards in Heco Testnet, but will be able to continue to receive referral rewards on the mainnet.

How and when will be distributed the own trading volume rewards?

Trading Volume rewards will be distributed within a week after the end of the trading competition. All users who have 10000 POL on their wallet during the trading competition will receive 0.01 POL for every $ 1 of their personal trading volume. You can see the results later in the referral bot interface: https://t.me/referralServiceBot

Arbitrage bot wallets will be excluded from personal trading volume rewards in Heco Testnet, but will be able to continue to receive referral rewards on the mainnet.

How and when will the prizes be distributed among the top100 winners?

Prizes will be distributed within a week after the end of the trading competition. The prize for each user will consist of tokens from sponsors and partners of the trading competition (HT, FET, MTLX, MOON, ROOBEE, POL, EXL, SITX, EYWA, EXPX, BTCMT, SUCCOR and Arcona NFT’s, BCUD NFT’s, SPORT INVESTING NFT’s) according to their contribution to the prize fund.

The methods of obtaining your tokens will be announced immediately after the end of the trading competition. Remember that your wallet must have at least 500 POL in order to distribute NFT’s.

Places:

TOP 1 $15000
TOP 2 $13000
TOP 3 $11500
TOP 4 $10000
TOP 5 $8000
TOP 6–10 $5000
TOP 11–20 $3500
TOP 21–40 $1750
TOP 41–70 $1000
TOP 71–100 $500

$90000 will be distributed among the rest of the participants in the trading competition who have complied with all the terms and conditions.

--

--

--

Polars.io — The new DeFi concept for the Prediction Market.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Music Blocks

Data governance solution-ADAMoracle

What Is Kadena Coin KDA? Technologies Used For Kadena Blockchain Operation. Kadena Price Prediction

Ontology: How to Write a Smart Contract on Ontology with Python, Co-Founder in Singapore…

Kilt Protocol X Crypto Ninjas AMA on 3th March 2022

A Pitch Into How To Become A CSC Validator

Basechain Validators: Next-Level Security with HSMs

Op Ed: The Value of Sidechains and Leveraging Their Potential

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Polars.io

Polars.io

Polars.io — The new DeFi concept for the Prediction Market.

More from Medium

Furucombo Biweekly Update #29

Phantom Protocol Launches World’s First Exchange on Trading “NFT Floor Price”

TripleFi Christmas Trading Competition on Testnet

bPOL > POL Swap is available now (bep20)