Trade Sylo (SYLO) To Win Over 11,000,000 SYLO in Rewards ($21K +)

Gate and the Sylo team have committed a total prize pool of
11,000,000 SYLO tokens to celebrate their recent listing on Gate.



Competition Period

From December 7th 13:00 to December 14th 13:00 (UTC) (7 days in total)



Trading Competition:

During the competition period, you need to buy and HODL at least 50K SYLO



The top 100 traders by net trading volume, reward structure is as follows:



Details:

1）The First Prize: 2mil SYLO (worth about 3,970 USDT)

2）The Second Prize: 1.5mil SYLO (worth about 2,980 USDT)

3）The Third Prize: 750K SYLO (worth about 1,490 USDT)

4) The remaining 97 winners will share 4.75mil SYLO (worth about 9,430 USDT) - according to their net buying volume.





Twitter Giveaway: 2mil SYLO (worth about 3,900USDT)

14-day promotional Twitter event, follow and refer your friends to enter our lucky draw!

After the event 10 lucky random participants will be selected and rewarded with 200K SYLO (390 USDT) each!

Click to participate:

https://www.gate.com/en/article/18502?ch=18502twi#giveaway



Reward Distribution



The prizes will be distributed 7 working days after the end of the competition.

Entry is subject to all local laws.





*Important Notice

1. At the end of the activity, a user’s account balance should be no
   less than the calculated result of (Buy volume during the
   competition-Sell volume during the competition, with a minimum account
   balance of this value).
   
   *Net buy volume = (Buy volume – Sell volume) x a time factor (excluding trading between one individual’s accounts)
   
   The time factor decreases linearly, it is 1.2 at the beginning and 1.0
   at the end of the competition. The earlier the trades, the more weight
   they have.
   
2. The competition is available to users who have
   completed KYC with a single account. Subaccount itself can not
   participate as an independent account trading will contribute to that of
   its master account.
   
3. As users of different VIP tiers have
   different trading fee costs, we will multiply the trading volume by
   (effective trading fee/VIP16 trading fee) to offset the trading fee cost
   differences.
   
4. As users with referrals have trading fee revenue,
   we will further normalize the trading volume based on whether they have
   referrals or not to offset the trading fee cost differences
   
   
   
   Trade SYLO here:
   
   https://www.gate.com/trade/SYLO_USDT
   
   
   
   The event is sponsored by the Sylo Team.
   
   Official website: https://Sylo.io/
   
   
   
   Gate reserves the final right to interpret this activity.
   
   
   
   Risk warning:
   
   Cryptocurrencies are high-risk, speculative investments, susceptible to
   impact from market, policy and other factors. Please be aware of the
   risks involved and make investment decisions with caution.
   
   
   
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   Gate Team
   
   December 7 , 2020