Deposit Booster
15 August 2023 - 15 September 2023, 9:00AM UTC
Join Now: https://app.dem.exchange/marathon/promotion
✅ Eligibility
To be eligible for the “Deposit Booster” promotion, users have to make a fresh deposit during the promotion period.
Only transfers of USD from any chain towards Demex wallet will be counted towards the promotion. This means that users will need to convert to Carbon Grouped Token (USD) for their deposits to be counted.
Unlike the Demex Trading League Vol 1, there is no need for any registration for the Deposit Booster promotion. Deposit and trade away to be automatically qualified for the promotion!
📝 Participation Requirements
In order to qualify for the promotion, the user will need to satisfy two separate requirements:
Requirement 1️⃣: Have a positive total Net Deposit of minimum USD 100.
Net deposit is defined as:
Only transfers of USD from any chain towards Demex wallet will be counted towards the promotion. This means that participants will need to convert to Carbon Grouped Token (USD) for their deposits to be counted.
Net Deposit = Total USD deposited on Demex wallet during promotional period - Total value of the assets withdrawn from Demex wallet during promotional period
The calculation of the “Net Deposit” will account for all cross-chain transfers for deposits and both cross-chain and internal transfers for withdrawals made by the user during the promotional period.
Requirement 2️⃣: For each tier, generate a minimum amount of volume on perpetuals markets.
Only filled or partially filled orders on perpetual markets will be counted towards the minimum volume traded requirement.
Volume is counted using the notional value of the trade.
Each user is eligible for one single prize related to the higher tier she/he qualified for based on the table below.
Rewards
Tier | Net Deposit | No. of Rewards | Min. Volume Traded | Prize |
---|---|---|---|---|
1 | 100 - 499 USD | 20 | 1,000 USD | 1,000 USD Raffle Ticket (50 USD / winner) |
2 | 500 - 1,999 USD | 20 | 10,000 USD | 2,000 USD Raffle Ticket (100 USD / winner) |
3 | 2,000 - 4,999 USD | 500 | 50,000 USD | 15 USD |
4 | 5,000 - 19,999 USD | 200 | 100,000 USD | 40 USD |
5 | 20,000 USD and above | 100 | 200,000 USD | 100 USD |
6 | 20,000 USD and above | 75 | 500,000 USD | 300 USD |
7 | 20,000 USD and above | 50 | 1,000,000 USD | 650 USD |
FAQs
Terms & Conditions
Demex reserves all rights to the final interpretation of this event.
Demex reserves the right to disqualify orders or trades that are deemed fraudulent, amend any competition rule, guideline or activity at our sole discretion.
All current and new users are eligible to join the Deposit Booster during the mentioned promotion period.
Kindly note that you are ineligible to participate in this campaign if you are located in these regions.
Prizes will be airdropped to winners as USD to the Carbon wallet addresses used in the competition, within 90 days from end of the competition.
Last updated