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50,000,000 VEST Loans Bidding — December

Dear Global COSers,

Join our VEST Loans Bidding event in December, and get a loan to earn very high weekly BP Voting rewards! The event is first come, first served, so don’t miss out!

To join our VEST Loans Bidding, please follow the rules below.

The total amount for this event will be 50,000,000 VEST with 2 rounds.

First round : 30,000,000 VEST for 30 bidders.

Second round : 20,000,000 VEST for 20 bidders.

⭐️ Bidding method :

  • First Round: The final winners of the bidding will divide the loan rewards in proportion to their bid amounts.
  • Second Round: The COS bid for 20th place will be used as a benchmark, and the 1st to 19th bids will be charged the same COS as the 20th place bid.

⭐️ Participant requirements :

  • KYC is not required
  • Winners who won in the first round cannot join the second round of bidding.
  • At least 1000 VEST in the bidder’s account.

⭐️ Timetable :

First Round:

  • Application Period : 2021.12.10 to 2021.12.13 23:59:59 (GMT+0) (4 days)
  • Loan Period : 2021.12.14 to 2022.1.14 23:59 (GMT+0) (30 Days)

Second Round:

  • Application Period: 2021.12.17 to 2021.12.20 23:59:59 (GMT+0) (4 days)
  • Loan Period: 2021.12.21 to 2022.1.21 23:59 (GMT+0) (30 Days)

⭐️ Loan Restrictions :

  • The total available VEST amount for this event will be 50,000,000 VEST.
  • If the bid price is the same, the first bidder will win.

⭐️ Bid :

The minimum bid for every 1,000,000 VEST will be 30,000 COS.

⭐️ How to bid :

First Round:

  1. Deposit 30,000 COS or more to the Contentos official address below to place your bid. (bnb1vl6sgqvgevlnx47wsmh8a73daxhle8g7k6e5z7)
  2. Add your COS mainnet account on the MEMO when sending bids in order to receive a refund for losing bids.
  3. Check if you’re in the top 30 bidders at the address below or deposit a higher amount to win. https://explorer.binance.org/txs?address=bnb1vl6sgqvgevlnx47wsmh8a73daxhle8g7k6e5z7
  4. The bid amounts will not be added for a bidder with multiple bids.
  5. There will be a limit of one winner per address.
  6. We will announce the winners for the Loan Period on 2021.12.14 (GMT+0).
  7. Losing bids will be returned to users.

Second Round:

  1. Deposit 30,000 COS or more to the Contentos official address below to place your bid. (bnb1vl6sgqvgevlnx47wsmh8a73daxhle8g7k6e5z7)
  2. Add your COS mainnet account on the MEMO when sending bids in order to receive a refund for losing bids.
  3. Check if you’re in the top 20 bidders at the address below or deposit a higher amount to win. https://explorer.binance.org/txs?address=bnb1vl6sgqvgevlnx47wsmh8a73daxhle8g7k6e5z7
  4. The bid amounts will not be added for a bidder with multiple bids.
  5. There will be a limit of one winner per address.
  6. We will announce the winners for the Loan Period on 2021.12.21 (GMT+0).
  7. The COS bid for 20th place will be used as a benchmark, and the 1st to 19th bids will be charged the same COS as the 20th place bid.
  8. Losing bids will be returned to users.

⭐️ Terms and Conditions :

  • All the BEP-2 COS bids for the 50 winners will be burned permanently!
  • The application will be processed on a “first come, first served” basis. The total available amount for VEST Delegation for this event is 50,000,000.
  • We will return the bid if your application is not valid.
  • Applications that do not meet the requirements above will be disqualified without notice.
  • Applications that do not contain valid information will be disqualified without notice. Please be aware that bids that do not have COS mainnet accounts written on the MEMO cannot be returned and will be burned together with the winning bids without notice. Please make sure to read the rules above carefully.

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Contentos is a universal decentralized content ecosystem recently invested by Binance Labs, the blockchain incubator of world’s largest exchange. It aims to create a decentralized content ecosystem, where assets can be freely produced, authenticated, and distributed.

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Revolutionary blockchain-based global content ecosystem where the rights and value will be returned to users. https://www.contentos.io/

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