OPEN TO PERSONS 18 YEARS OF AGE OR OLDER ONLY—SEE ELIGIBILITY CRITERIA IN THE COMPETITION RULES
VOID WHERE PROHIBITED BY LAW
This Competition Description is meant to be read in conjunction with the Competition Rules.
- Name of Competition: Take Flight with TRX!
- Description of Competition: Competition participants are eligible to share in a prize pool (described below) of 7,500,000 TRX (Tron) based upon trading volumes in TRX (Tron) on Bitfinex (“Trading Volumes”) during the Competition Period, as set out in this Competition Description.
- Competition Period: December 9, 2019 at 12:00:01 am UTC–December 15, 2019 at 11:59:59 pm UTC
- Competition Prizes: During the Competition Period, Competition participants are eligible to share in the following prizes, based upon aggregate valid Trading Volume during the Competition Period:
- The top 50 traders by Trading Volume will win a share of 5,000,000 TRX (Tron) in proportion to their Trading Volumes. The prize calculation is: Reward for each Competition participant in the top 50 = Top 50 Competition participant’s Trading Volume ÷ Top 50 users’ aggregate Trading Volume × 5,000,000 TRX; and,
- All eligible Competition participants, but excluding those in paragraph 4.1, above (i.e., Top 50 winners) with Trading Volume during the Competition Period equal to or in excess of 10,000 TRX (Tron) will win an equal share of 2,500,000 TRX (Tron)
Trading Volume is equal to buys and sells across all TRX-associated pairs on Bitfinex. All user accounts with the same user will have activity aggregated over their accounts to compute their trading activity for purposes of the Competition.