50,000,000 VEST Loans Bidding — November 2023
Dear COSers,
We are excited to launch our new VEST Loans Bidding event in November! For this event, the Contentos team will provide up to 50,000,000 VEST in loan rewards to global community members that participate in Contentos BP Voting.
Users that receive VEST Loan rewards must be qualified to vote for Contentos Mainnet BPs. For more information on BP voting, please refer to https://bp.contentos.io/.
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 : 25,000,000 VEST for 25 bidders.
Second round : 25,000,000 VEST for 25 bidders.
⭐️ Timetable :
First Round:
- Application Period : November 17th 00:00:00 to November 18th 23:59:59 (GMT+0)
- Loan Period : November 21st to December 21st (One Month)
Second Round:
- Application Period : November 19th 00:00:00 to November 20th 23:59:59 (GMT+0)
- Loan Period : November 21st to December 21st (One Month)
⭐️ How to participate :
Note: This month’s lending activities will be bid using CONTENTOS mainnet accounts and tokens due to Binance BEP2 functions not being supported at the moment.
- Deposit 30,000 COS or more to the Contentos official address below to place your bid (The minimum bid is 30,000 COS). (Contentos official Mainnet address: loan202311)
- Use your COS mainnet account when sending bids in order to receive a refund for losing bids.
- Check if you’re in the top 25 bidders in each round in the “Fund History” section at the link below or deposit a higher amount to win. https://explorer.contentos.io/#/user-relevant/loan202311
- The bid amounts will not be added for a bidder with multiple bids.
- There will be a limit of one winner per address per round.
- We will announce the winners for the loans on November 21st, 2023.
⭐️ Terms and Conditions :
- VEST loan rewards will be sent to the mainnet account used to participate in the bidding event.
- All the Mainnet COS bids for the winners will be swapped to BEP2 COS tokens and burned permanently!
- The application will be processed on a “first come, first served” basis. The total available amount for VEST Loans 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.
- Users that receive VEST Loan rewards must be qualified to vote for Contentos Mainnet BPs. For more information on BP voting, please refer to https://bp.contentos.io/.
*Contentos reserves the right to modify, terminate, or change the contents of this event at any time. Updated event information will be posted without prior notice. The final interpretation rights for this event belongs to Contentos.*