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AscendEX Launches Margin Trading Promotional Events, Participate and Share 15,000 USDT Worth of Pooled Rewards
Dear users,In celebration of our users’ support, AscendEX is excited to launch a series of specially designed promotional events for margin trading, taking place between 12:00 a.m. on Oct. 25 and 12:00 a.m. UTC on Nov. 8, 2021, offering users a chance to share in a 15,000 USDT prize pool.Register to participate in the eventsEvent One: Complete Margin Trade Tasks to Share in a 10,000 USDT Prize PoolUsers who maintain a daily margin trading volume of 200 USDT or more will be eligible to win a share of the 10,000 USDT prize pool based on their number of active trading days.No. of Trading DaysRewards10-14 daysA proportional share of 5,000 USDT worth of rewards5-9 daysA proportional share of 3,000 USDT worth of rewards3 daysA proportional share of 2,000 USDT worth of rewardsEvent Two: Trade Daily to Share 3,500 USDT in RewardsThe top 50 users who trade on margin on a daily basis while maintaining a daily trading volume of at least 200 USDT will be eligible to share in a 3,500 USDT prize pool based on the volume of the first margin trade they perform each day.Event Three: Make Referrals to Share 1,500 USDT worth of RewardsUsers who satisfy the above eligibility requirements for margin trading and complete the referral tasks as shown in the below chart will receive extra rewards. As required, the referee needs to perform margin trades with a trading volume of 200 USDT. The more referrals a user makes, the more rewards the user can earn. The rewards will be capped at 1,500 USDT.TaskDetailsRewardsTask for new usersPerform a first-time margin trade5 USDT/userReferral Tasks1-5 referrals5 USDT/user6-10 referrals10 USDT/user11-20 referrals20 USDT/user21 referrals and above30 USDT/userTerms and Conditions:1.For the events, one day is defined as 12 a.m. UTC to 12 a.m. UTC the next day.2.Participants can only receive this event’s rewards when they have won both the event rewards and the Wednesday Lucky Draw rewards.3.4. The rewards of the Event Three will be distributed based on the number of referrals from high to low. New users will enjoy a priority for reward distribution, with the rewards for the new user task distributed based on the time they completed their first-time trades. The rewards for referral tasks will be distributed based on the number of referrals and if there are users making the same number of referrals, the rewards will go to the referrer whose referees recorded a higher trading volume.5.Sub-accounts cannot participate as an independent account, but their trading volume will be credited towards their parent accounts.6.Rewards will be distributed to the accounts of the winners within 15 days after the events’ conclusion.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the event. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_GlobalTelegram Group: https://t.me/AscendEXEnglish

2021-10-22 11:40

Trade New PORT-Perp Futures to Share a 25,000 USDT Prize Pool
Dear Users,AscendEX has launched perpetual futures contracts for PORT-Perp, offering leverage of up to 50x. In celebration of this launch, AscendEX and the PORT team will roll out multiple promotional events with a total prize pool of 25,000 USDT.Period: Oct. 23 at 12 a.m. - Nov. 1 at 12 a.m. UTC, 2021Register to Join This EventEvent One: Trade PORT-Perp Futures to Receive 20 USDT Worth of RewardsThe top 1,000 participants who trade PORT-Perp futures while maintaining a trading volume of at least 500 USDT will be eligible to receive a Futures Bonus Credit worth 10 USDT.Among the top 1,000 traders, the top 300 first-time futures traders (limited to the PORT/USDT pair) who submit the Registration Form will be awarded an extra 10 USDT worth of PORT rewards. The rewards will be capped at 13,000 USDT and will be distributed on a first-come-first-served basis.Claim Now (Futures Bonus Credits can be claimed within 24 hours after the completion of futures trades.)Event Two: Join the PORT-Perp Futures Trade Challenge to Share an 8,000 USDT Worth of PORT TokensAscendEX will rank the participants who trade PORT-perp futures with a trading volume of at least 50,000 USDT, and offer the top 50 eligible participants a chance to share 8,000 USDT worth of PORT tokens based on their trading volume from high to low. Please see below for rewards details:RankRewardsNo.13,000 USDT worth of PORT tokensNo. 21,000 USDT worth of PORT tokensNo. 3500 USDT worth of PORT tokens4th -10thAn equal share of 2,100 USDT worth of PORT tokens11th -50thAn equal share of 1,400 USDT worth of PORT tokensEvent Three: Transfer Staked PORT to Trade Futures for a Share of the 2,500 USDT Prize Pool of PORT TokensThe top 500 users who make a transfer of their staked PORT assets to their Futures Accounts while maintaining a futures trading volume of 500 USDT or more (limited to the PORT/USDT pair) will be eligible for an equal share of a 2,500 USDT prize pool of PORT tokens. Event Terms and ConditionsFor this 9-day event, one day is defined from 12 a.m. UTC to 12 a.m. UTC the next day.The top 50 participant of the PORT-Perp Trade Challenge will be announced three days after the event’s conclusion.Participants will only receive this event’s rewards if they have also participated and won rewards in the Wednesday Lucky Draw event.Rewards of Futures Bonus Credits for Event One can be claimed after the event’s conclusion and will be credited to winners’ accounts within 24 hours. Other rewards will be distributed to winners’ accounts within 15 days after the event’s conclusion and participants must have a verified AscendEX account to be eligible to receive the rewards.Sub-accounts cannot participate as an independent account, but their trading volume will be credited towards their parent accounts.An AscendEX Futures Bonus credit denominated in USDTR (equivalent to USDT in value) can be used to pay for futures trading/funding fees. Please read HERE for Futures Bonus Credit Terms and Conditions to learn more.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_Global Telegram Group: https://t.me/AscendEXEnglish

2021-10-22 09:31

Launch of SifChain (ROWAN) Staking Service
Dear Users,AscendEX has launched SifChain (ROWAN) Staking Service.PC:Click here to participate in ROWAN StakingApp: Click [Staking] on the homepage to participate.Please see below for staking details:ROWAN StakingTokenROWANMinimum Delegation Amount200 ROWANMaximum Delegation AmountN/AMinimum Staking PeriodUnstake Tokens AnytimeReward Calculation Starting TimeT+1DayReward Distribution Starting TimeT+2DayReward Distribution CycleDailyRegular Unbonding Period24 DaysInstant UnbondingSupportedInstant Unbonding Fee5%Minimum Undelegation Amount200 ROWANStaked Assets as Margin CollateralNot Supported NowCompound ModeSupportedWe truly appreciate your continued support.The AscendEX TeamWebsite:https://ascendex.com/Twitter:https://twitter.com/AscendEX_GlobalTelegramhttps://t.me/AscendEXEnglish

2021-10-22 06:34

AscendEX Launches Idexo Token (IDO) Promotional Events, Deposit & Trade to Share 40,000 USDT Worth of Pooled Rewards
Dear Users,AscendEX is thrilled to announce the listing of Idexo Token (IDO) under the trading pair IDO/USDT. Details are as follows:Deposit Deposit NowTrading: Oct. 22,Trade NowProject Introduction of Idexo Token (IDO)In celebration of the listing, AscendEX and the Idexo Token team will launch several limited-time promotional events, taking place between 1:00 a.m. on Oct. 22 and 12:00 a.m. UTC on Oct. 29, 2021. By depositing and trading IDO, users will have a chance to share 40,000 USDT worth of IDO pooled rewards!Event One: Deposit IDO to Share 15,000 USDT in RewardsUsers who maintain a IDO net deposit amount (deposits - withdrawals) of at least 100 USDT will be eligible for a proportional share of the 15,000 USDT worth of IDO rewards.Event Two: Trade IDO to Share 25,000 USDT Worth of RewardsUsers who maintain a IDO net buying volume (buys - sells - withdrawals) of at least 100 USDT will be eligible for a proportional share of the 25,000 USDT worth of IDO rewards.RankRewardNo.15,000 USDTNo.23,000 USDTNo.31,500 USDT4th - 10thA proportional share of 3,500 USDT worth of rewards11th - 20thA proportional share of 3,000 USDT worth of rewards21st -50thA proportional share of 1,000 USDT worth of rewardsOther IDO TradersA proportional share of 8,000 USDT worth of rewards (the top 50 users excluded)Conditions and Terms:1. All participants are required to pass the real-name authentication process before participating in the events.2. Sub-accounts cannot participate as an independent account, but their trading volume will be credited to their parent accounts.3.Rewards will be distributed to the winners’ accounts within 15 days after the events’ conclusion.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_GlobalTelegram Group: https://t.me/AscendEXEnglish

2021-10-21 15:00

AKT, XPRT-Perp Goes Live,Trade Daily to Share a 60,000 USDT Prize Pool
Dear Users,AscendEX has launched perpetual futures contracts for AKT-Perp and XPRT-Perp on Oct. 21, 2021. In celebration of the launch of the new futures contracts, AscendEX is partnering with the AKT and XPRT teams to roll out multiple promotional events with a prize pool of 60,000 USDT, taking place between Oct. 22, 12 a.m. and Nov. 1, 12 a.m. UTC, 2021.Register to Join This EventEvent One: Trade AKT, XPRT-Perp Futures to Receive 25 USDT Worth of RewardsParticipants who complete one futures trade of AKT-Perp or XPRT-Perp will be eligible to receive a Futures Bonus Credit worth 5 USDT. Each eligible participant can win credits worth up to 10 USDT.AscendEX users, new to futures trading, who register for this event and complete their first-time futures trade (limited to AKT, XPRT-Perp) will be eligible to win extra 5 USDT in rewards (withdrawable).Claim Now (Futures Bonus Credits can be claimed in real time within 24 hours after the completion of futures trades.)Event Two: Join "10-Day Futures Trading Prediction Challenge" to Share in a 25,000 USDT Prize PoolUsers who perform daily trades of AKT-Perp and XPRT-Perp futures contracts, who make the right futures trading prediction on the token that moved higher over the past 24 hours by 12:00 a.m. the next day while maintaining a daily trading volume of at least 1,000 USDT will be eligible to share in a daily prize pool worth 1,500 USDT.The Futures Trading Prediction Challenge comes with ten rounds, one round per day. The users who make seven right predictions will be eligible to share in an extra 10,000 USDT prize pool.Please see below for the details:Pool NamePool DistributionEligibilityDaily Prize PoolAn equal share of a rewards pool worth 1,500 USDTUsers who make the right trading prediction on the token that moved higher over the past 24 hours by 12:00 a.m. the next day while maintaining a daily trading volume of at least 1,000 USDT will be eligible to share in the daily prize pool.Best Predictor PrizeAn equal share of a rewards pool worth 10,000 USDTUsers who make 7-10 right predictionsFor instance: Alice executed AKT-Perp futures trades between 12:00 a.m. on Oct. 22 and 12:00 a.m. UTC on Oct. 23 while maintaining a trading volume of 1,000 USDT. If the 24h price rise of AKT by 12:00 a.m. UTC on Oct. 23 is greater than that of XPRT, Alice is eligible to equally share in the 1,500 USDT prize pool of the day from 12:00 a.m. on Oct. 22 and 12:00 a.m. UTC on Oct. 23.Event Three: Complete Tasks to Share 20,000 USDT in RewardsTaskDetailsRewardsRulesStakingStake XPRT or AKT for the first time (staking amount ≥100 USDT)10 USDTLimited rewards for the top 500 stakers, first come, first servedTradingTransfer staked XPRT or AKT assets to the futures account (futures trading volume ≥1,000 USDT)20 USDT futures bonus creditsLimited rewards for the top 500 traders, first come, first servedReferralRefer one friend to participate in Event TwoReferrer: 5 USDTReferee: 5 USDTNo limitsSharingRetweet and share the event poster and provide the screenshots to get rewards10 USDT futures bonus creditsLimited to five timesEvent Terms and ConditionsFor this event, one day is defined as 12 a.m. UTC to 12 a.m. UTC the next day.If the users who sign up for the “Futures Trading Prediction Challenge” also perform AKT-perp and XPRT-perp futures trades, the token with a higher trading volume will be considered as the prediction token of the day by default. If the two tokens share the same trade volume, the token that was traded first prevails.The rewards for Futures Trading Prediction Challenge consist of USDT and Futures Bonus Credits and will be airdropped to the winners' accounts in a random manner.Rewards of Futures Bonus Credits for the Event One will be credited to winners’ accounts within 24 hours after the completion of futures trades. Other rewards will be distributed to winners' accounts within 15 days after the event’s conclusion. Participants must have a verified AscendEX account to be eligible to receive rewards.Sub-accounts cannot participate as an independent account, but their trading volume will be credited towards their parent accounts.The event’s reward pool is capped at 60,000 USDT total. Reward winners with winnings worth 60,000 USDT or less, will receive all available rewards. Rewards winners with winnings worth over 60,000 USDT will receive rewards based on the following proportional calculation: All Rewards Available * Factor N (Factor N = 60,000 USDT / all rewards available).AscendEX Futures Bonus credit denominated in USDTR (equivalent to USDT in value) can be used to pay for futures trading/funding fees. Please read HERE for Futures Bonus Credit Terms and Conditions to learn more.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_GlobalTelegram Group: https://t.me/AscendEXEnglish

2021-10-21 10:17

AscendEX Launches Waterfall DeFi (WTF) Pre-Staking with 100% Est. APR
Dear Users,To support the ongoing growth ofhas launched Pre-Staking for WTF. AscendEX users can now stake WTF to earn rewards of 100% est. APR.PC:Click here to participate in WTF Pre-StakingApp: Click [Staking] on the homepage to participate in Pre-Staking.See below for Pre-Staking details:WTF Pre-StakingTokenWTFEst. APR100%Minimum Delegation Amount100 WTFMaximum Delegation AmountN/AMinimum Staking PeriodUnstake Tokens AnytimeReward Calculation Starting TimeT+1 DaysReward Distribution Starting TimeT+2 DaysReward Distribution CycleDailyRegular Unbinding Period14 DaysInstant UnbindingSupportedInstant Unbinding Fee5%Minimum Unbinding Amount100 WTFStaked Assets used as Margin CollateralNot Available NowCompound ModeNot SupportedPlease note:1. By participating in a pre-staking project, users will be required to lock up their tokens to earn rewards.2. Pre-staking permits users to unstake tokens at any time.3. Pre-staking projects offer an instant unbinding service that allows users to claim staked tokens immediately with a small fee even during the unbinding period.We truly appreciate your continued support.The AscendEX TeamWebsite:https://ascendex.com/Twitter:https://twitter.com/AscendEX_GlobalTelegramhttps://t.me/AscendEXEnglish

2021-10-21 02:58

Join the AscendEX Lucky Wednesday Event to Share Pooled Rewards Worth 20,000 USDT Weekly
Dear Users,AscendEX is excited to roll out a new weekly promotional event, “Wednesday Lucky Draw,” taking place every Wednesday with pooled rewards worth 20,000 USDT for each event. Participants who execute cash, margin or futures trades for the first time during the preceding 7 days will be eligible to participate in this event on Wednesday this week.How do I participate in the event?Register to join this event.Execute cash, margin or futures trades while maintaining the first-time trading volume worth 100 USDT or more.Share this event poster or the futures ROR poster to any social media, such as Twitter, Facebook, etc., and submit the link of you sharing the poster.Rewards:50 USDT for each winner from the lucky draw in which 200 winners will be selected.Futures Bonus Credits worth 10 USDT for each of the first 1,000 participants who complete the poster sharing task above.Event Terms and Conditions:1.Lucky Draw Rules: The lucky draw every Wednesday will generate a Lucky Number. The event’s Lucky Number will be the last-9-digit number of the first block hash after 12:00 a.m. UTC every Wednesday. Participants have a Draw Code that is the last-9-digit number of their AscendEX UID. AscendEX will rank all participants based on the differences between the event’s Lucky Number and each participant’s Draw Code in the absolute value in the ascending order. The top 200 participants will be the winners of each lucky draw event. If the participant ranked in the 200th place and the 201st place participant have the same difference in absolute value, the winner will be the participant who registered for the event earlier.For example, if the first block hash after 12:00 a.m. UTC on this Wednesday is 0000000000000000000cb9fb7105a87574da6a048a95cbe73aa44d374969b22d, the event’s Lucky Number is the last-9-digit number: 437496922. If Alice’s UID is U0437496921, her Draw Code is 437496921. Then the difference in the absolute value between the Lucky Number and Alice’s Draw Code is 1. AscendEX will calculate and rank all the differences in the ascending order.Lucky Number ReleaseAugust 4865593042August 11545125134August 18916470460August 25226753461September 1793206418September 8837370075September 15521835908September 22096447333September 29547517970October 6876259352October 13324754362October 209467969572.The Wednesday Lucky Draw events will take place on a weekly basis. Each of the events will begin at 12 a.m. UTC this Wednesday and conclude at 12 a.m. UTC the next Wednesday. Please stay tuned for further announcement of the events’ final conclusion time.The 13th Event Period: Oct 20, 12 a.m. UTC – Oct 27, 12 a.m. UTC, 2021The 13th Lucky Number Release Time: Oct 273. Users cannot join this event using a sub-account.4.Rewards will be distributed to users’ accounts within 5 days after the event’s conclusion. Please click here to learn more about futures bonus credits’ terms and conditions.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the competition. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_GlobalTelegram Group: https://t.me/AscendEXEnglish

2021-10-20 11:30

AscendEX Launches UniLend (UFT) Promotional Events, Trade to Share 12,000-USDT Worth of Pooled Rewards
Dear Users,In celebration of the listing of UFT, AscendEX and the UniLend team will launch several limited-time promotional events, taking place between 10:00 a.m. UTC on Oct. 19 and 12:00 a.m. UTC on Oct. 26, 2021, offering users a chance to share 12,000 USDT worth of UFT pooled rewards!Event One: Buy UFT to Unlock a Prize Pool Worth 10,000 USDTUsers who trade UFT while maintaining a net buying amount (buys–sells-withdrawals) of 300 UFT or more will be eligible to unlock 10,000 USDT worth of UFT rewards. The more UFT you buy, the more rewards you can unlock.Event Rules:1.The ratio of net buying amount to unlocked rewards stands at 20:1. For instance, 100 UFT tokens will be unlocked and awarded to users who maintain a net buying amount of 2,000 UFT.2.Each account is allowed to unlock a maximum of 100 USDT worth of UFT rewards.3.The prize pool will be capped at 10,000 USDT worth of UFT tokens. The rewards will be unlocked based on the net buying amount from high to low on a first-come-first-served basis.Event Two: 2,000 USDT Worth of UFT AirdropsAscendEX will send out airdrop invitations via email to users on a random basis. Users who receive the airdrop email are eligible to claim the rewards after filling out the Reward Registration Form. The 5-30 USDT worth of UFT airdrop rewards will be distributed based on the time when the users complete the form. The airdropped rewards will be capped at 2,000 USDT. Rewards will be distributed on a first-come-first-served basis.Terms and Conditions:1.The airdrop is limited to the users who have received the airdrop email. Please click “Account Security Center” to bind your email address.2.UFT airdrop rewards will be “locked up” automatically and displayed on the [Wallet] page under UFTLCK.3.Within three days of receiving the airdrop rewards, users with an accumulated amount of UFT that is at least twice the amount of the airdrop, will have their airdropped tokens released within one hour. Those who fail to buy the required amount of UFT in the given time period will be considered to have voluntarily given up their rewards.4.Each user’s account is limited to one UFT airdrop.5.Airdrop Multiple Card holders who complete the Reward Registration Form will have the first chance to receive 30 USDT worth of UFT airdrop rewards. If the user wins the airdrop, they will be considered to have used their Airdrop Multiple Card once.6.The UFT price is calculated by the market price at the time of the rewards distribution. A total of 1,754 UFT tokens (worth 2,000 USDT) will be distributed on a first-come-first-served basis. Rewards will be distributed to the winners’ accounts within 7 days of the event's conclusion.Notes:1.All participants are required to pass the real-name authentication process before participating in the events.2.Sub-accounts cannot participate as an independent account, but their trading volume will be credited to their parent accounts.3.Rewards of Event One will be distributed to the winners’ accounts within 15 days after the events’ conclusion.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_GlobalTelegram Group: https://t.me/AscendEXEnglish

2021-10-19 05:54

AscendEX Launches Kin (KIN) Promotional Events, Trade to Share 50,000 USDT Worth of Pooled Rewards
Dear Users,AscendEX is thrilled to announce the listing of Kin (KIN) under the trading pair KIN/USDT. Details are as follows:Deposit Deposit NowTrading: Oct. 19,Trade NowProject Introduction of Kin (KIN)To celebrate the listing of KIN, AscendEX and the Kin team will launch several limited-time promotional events, taking place between 1:00 p.m. on Oct. 19 and 12:00 a.m. UTC on Oct. 26, 2021. By trading KIN, users will be provided a chance to share 50,000 USDT worth of KIN pooled rewards!Event One: Airdrop Rewards Available Exclusively for NewcomersUsers who sign up on AscendEX and submit their Registration Forms will be eligible to receive 5-30 USDT worth of KIN airdrop rewards in a random manner. The KIN airdrop rewards will be “locked up” automatically and displayed on the [Wallet] page under KINLCK.Terms and Conditions:1.Within Seven days of receiving the airdrop rewards, users with an accumulated amount of KIN that is at least twice the amount of the airdrop, will have their airdropped tokens released within one hour. Those who fail to buy the required amount of KIN in the given time period will be considered to have voluntarily given up their rewards.2.The KIN price is calculated by the market price at the time of the rewards distribution. A total of 117,227,797.05 KIN tokens (worth 10,000 USDT) will be distributed on a first-come-first-served basis.Event Two: Trade KIN to Win a share of 40,000 USDT in RewardsUsers who trade KIN for three days while maintaining a daily net KIN buying amount (buys-sells– withdrawals) of at least 100 USDT will be eligible for a proportional share of the 40,000 USDT worth of KIN rewards.Conditions and Terms:1.All participants are required to pass the real-name authentication process before participating in the events.2.Sub-accounts cannot participate as an independent account, but their trading volume will be credited to their parent accounts.3.Rewards will be distributed to the winners’ accounts within 15 days after the events’ conclusion.AscendEX will strictly enforce all the related rules. Any participants found violating AscendEX’s rules, such as the use of duplicate or false accounts, will be removed from the events. AscendEX reserves the final rights to interpret and adjust these Terms and Conditions.Thank you for your continued support!The AscendEX TeamWebsite: https://ascendex.comTwitter: https://twitter.com/AscendEX_GlobalTelegram Group: https://t.me/AscendEXEnglish

2021-10-18 10:42

Join Upcoming Auction for Exclusive Primary Listing of Waterfall DeFi (WTF)
Dear Users,AscendEX is thrilled to announce theprimary listing of Waterfall DeFi (WTF) under the trading pair of WTF/USDT. Details are as follows:Deposit: Oct. 20, 2:00 p.m.UTCTrading: Oct. 21,UTCWithdrawal: Oct. 21,UTCProject Introduction of Waterfall DeFi (WTF)ClickOnly)To celebrate the listing ofOctober 20 from1:00 p.m. UTC to 2:00 p.m. UTC.A total of 500,000 WTF will be auctioned between a“Standard” auction with 450,000 WTF“Uncapped” auction with 50,000 WTF.There will be 2,250 winners of 200 WTF in the “Standard” auction, and 250 winners of 200 WTF in the "Uncapped" Auction. Both auctions will be conducted simultaneously and AscendEX users can bid in both auctions with USDT + ASD (or ASDP) to increase their likelihood of winning the auction.Auction results will be announced on October 20 at 3:00 p.m. UTC. Please see below for additional details on each auction.What is ASDP?WTF Standard Auction OverviewMain features of the Standard Auction include price discovery with a minimum and maximum bid amount and participation by bidding70 USDT + up to 25 ASD or625 ASDP. AscendEX users can earn the eligibility to bid for additional WTF based on their trailing 7-day average ASD holdings or trailing 7-day trade volume.">25 ASD / 625 ASDP,winning.Detailed Terms Conditions:1.trailing 7-day average ASD holdings ≥ 10,000 ASDtrailing 7-day trade volume≥ 30,000 USDTtotal allocation of 450,000 WTF.2. The Starting Bid is 70 USDT, indicating a price of $0.35 per WTF, and the bid cap is 70 USDT +">25 ASD or">625 ASDP, indicating a price of $0.4 per WTF.3. Each AscendEX user can place bids6 bid itemsresulting in a maximum user allocation of 1,200 WTF. Please see below for a chart illustrating the details:Trailing 7-day Avg ASD HoldingsCriterionTrailing 7-day Trade Volume (USDT)MaxBid Items≥ 10,000OR≥ 30,0001≥ 20,000OR≥ 60,0002≥ 30,000OR≥ 90,0003≥ 40,000OR≥ 120,0004≥ 50,000OR≥ 150,0005≥ 60,000OR≥ 180,0006Notes:•User’s trailing 7-day average unlocked ASD holdings in Cash Account (excluding ASD holdings under Staking) will be calculated every day from October 13, 12:00 a.m. UTC, 2021 to October 20, 12:00 a.m. UTC, 2021 based on the user’s holding period.••User's bid quota will be calculated perin the Standard Auction.4. The ASD / ASDP bid component of the auction serves as a tiebreaker.">25 ASD or 625 ASDP. The conversion ratio between ASD and ASDP is 1 ASD = 25 ASDP.5. If there are ">25">625 ASDP), a random draw will be conducted to determine the winners of the auction.6. Any ASD collected from this auction will beresult in ASD release from the private sale portion.WTF Uncapped Auction OverviewMain features of the Uncapped Auction include price discovery with a minimum bid amount and no maximum and participation by bidding 70 USDT + as much ASD / ASDP as you’d like. The auction will close at your bid or better if you are amongst the top-250 best bids. So please bid aggressively to win.Detailed Terms Conditions:1.Uncapped Auction. Uncapped Auction allows participants to bid for the chance to win a tranche of 200 WTF. 250 participants will win the uncapped auction with a total auction allocation of 50,000 WTF.2. The Starting Bid is 70 USDT, indicating a price of $0.35 per WTF.However, users may also bid as much ASD or ASDP as they’d like to increase their likelihood of winning the auction.3. Each AscendEX user can place multiple bids but can only win a single tranche of 200 WTF in the Uncapped Auction.4. Auction bid priority is (1) ASD / ASDP with the conversion ratio of 1 ASD = 25 ASDP; (2) Bidding Time.5. Uncapped Auction will be closed at the USDT + ASD or ASDP price submitted by250th best bid.The ASD / ASDP bid component of the auction serves as a tiebreaker. For example, those that bid a greater amount of ASD or ASDP will win the auction.In the event that Bids submitted by participants 1 - 249 (i.e., participants willing to pay the greatest value of ASD or ASDP in addition to 70 USDT) may be partially refunded within 2 hours after the auction.6.result in ASD release from the private sale portion.Notes1. From 1:00 p.m. UTCOctober 20, users can place bids in both the Standard and Uncapped auctions. Only USDT, ASD, and ASDP in a user’s Cash Account can be used as payment in the auctions. Users can submit bids multiple times. Once a new bid is submitted successfully, the corresponding amount of additional ASD or ASDP will be deducted from the user’s Cash Account. The last bid outstanding will be deemed as the user’s final bid.2. To increase the likelihood of winning in theStandard Auction, a user should monitor the 2,250th bid closely and submit bids that are greater than or equal to the 2,250th bid. If the Bid Cap is submitted by 2,250 participants, a user can still have their bid being included in a random draw by submitting the Bid Cap.3. To increase the likelihood of winning in theUncapped Auction, a user should monitor the 250th bid closely and submit bids that are greater than or equal to the 250th bid.The Uncapped Auction will close at the USDT + ASD or ASDP price submitted bythe 250th best bid.means that a user can bid an ASD (or ASDP) quantity well above the 250th bid and potentially have their bid partially refunded.The logic of the Uncapped Auction is designed to achieve that all winners will pay the same price;Therefore, a user does not need to be concerned about paying a premium relative to other participants in the Uncapped Auction.4. For users who do not win the bid, their USDT and ASD (or ASDP) bids will be fully refunded within 2 hours after the auctions.5. At the end of auctions, winners need to submit the AscendEX account and auction confirmation code on Waterfall DeFi'sofficial website by October 21, 11:00 a.m. UTC. Failure to timely submit the required information will be deemed as the users’ voluntarily forfeiting their bid item(s). In the event of such forfeiture, the USDT and ASD (or ASDP) bids will be refunded by October 21, 4:00 p.m. UTC.6. Bid Item Distribution Window: October 21, 11:00 a.m. UTC- 1:00 p.m. UTC.Eligibility Rules1. Users are required to complete account verification in order to be eligible for participation.2. Users must agree to and sign the WTF Auction Agreement.3. Only users from the jurisdictions where local laws and regulations permit are eligible for participation.4. Eligibility requirements forUncapped Auction: Meet5. Eligibility requirements forStandard Auction: Meet≥ 30,000 USDT.Restricted Countries/RegionsUsers from the following regions areNOTeligible for participation:Hong Kong, The United States, Balkans region, Belarus, Myanmar, Côte d'Ivoire, Cuba, Democratic Republic of the Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syrian Arab Republic, Zimbabwe, Algeria, Bangladesh, Bolivia, Cambodia, Ecuador, Nepal, Afghanistan, Burundi, Central African Republic, Malaysia, Ethiopia, Guinea, Guinea-Bissau, Lebanon, Sri Lanka, Libya, Serbia, Somalia, South Sudan, Tunisia, Trinidad and Tobago, Ukraine, Uganda, Venezuela, andYemen.AscendEX reserves the final right to interpret and adjust these Terms and Conditions. For any abusive or suspicious activities, the users will be disqualified from the auction once identified.Thank you for your continued support!The AscendEX TeamWebsite:https://ascendex.com/Twitter:https://twitter.com/AscendEX_GlobalTelegramhttps://t.me/AscendEXEnglish

2021-10-14 08:47