Rules Upgraded for Trading Competition Week 3
Details of rewards distribution for week2 and rules change for week3.
Dear DOS Network supporters and Binancians,
We have distributed week2 ( 07/27 00:00 UTC ~ 08/04 23:59 UTC) trading competition rewards (300,000 DOS and 90 BNB) to eligible accounts!
Here are the txids: https://explorer.binance.org/tx/B198742AB96C7ED264AC63F368A12DF66C045BE0844D4D5189AD6538DE93AA36
For transparency, week2 data are all available here:
http://leaderboard.dos.network/2019-07-27.html ~ http://leaderboard.dos.network/2019-08–04.html(9 webpages).
The upgraded leaderboard shows detected wash trade with one single account and detected wash trade between accounts controlled by a single party which helps us make this competition much fairer.
Specifically, we’re using https://docs.binance.org/api-reference/dex-api/paths.html#apiv1trades to detect and filter out wash trade.
Much more users participated in our competition and got the rewards since we upgraded the rules. In order to optimize participation and bring more rewards to token holders, we decided to introduce other new rules for week 3:
👉Rewards:
- Top 10 participants will share 80% of weekly trading competition rewards proportional to their volumes;
- All the other qualified participants will equally share the remaining 20% of weekly trading competition rewards — there’s no cap on the number of winners anymore.
👉Requirements:
Top 10 eligible accounts must:
- Hold at least 10,000 DOS BEP2 tokens and 3 BNB
- A minimum daily trading volume of 25,000 DOS(Or a minimum weekly trading volume of 250,000 DOS )
Which means if you missed trading at the beginning of a competition period, you still have the chance to be top 10 by having a minimum weekly trading volume of 250,000 DOS.
Other eligible accounts must:
- A minimum weekly trading volume of 2,000 DOS(Yes, only 2,000 DOS!)
👉Schedule:
- Week3: 08/05 00:00 UTC ~ 08/11 23:59 UTC (7 days，400,000 DOS and 110 BNB rewards)
- Week4: 08/12 00:00 UTC ~ 08/18 23:59 UTC (7 days，500,000 DOS and 130 BNB rewards)
👉Terms and Conditions:
- Each full-day refers to 0:00:00 to 23:59:59 (UTC), a full 24 hours.
- DOS/BNB trading volume on each address for each day refers to 0:00 AM to 0:00 AM (UTC) of the next day, a full 24 hours.
- Trading volume refers to total buys and sells (excluding wash trades).
- Rewards will be airdropped to all winner addresses within 48 hours after each competition period.
- DOS Network reserves all rights to amend the competition rules at our discretion, including but not limited to disqualifying addresses that are deemed to be engaged in wash trading or market manipulation.
👉No change for our lottery and other airdrops:
Lottery:
- Addresses holding at least 10,000 DOS BEP2 tokens per day in a consecutive week are eligible for a weekly lottery of 5,000 DOS BEP2 tokens.
- We’ll take a daily snapshot every day at a random time.
Token Holder Airdrop:
We’ll airdrop 99.99 tokens to eligible BEP2 DOS token holders if the total number of eligible BEP2 DOS token holders is greater than 1,000 by snapshot time.
- Snapshot time will be taken on August 18 00:00 UTC.
- To be eligible for the airdrop the address needs to have at least 199.99 BEP2 DOS tokens by snapshot time.
- The airdrop will be distributed within 48 hours after the snapshot time.
Note that we’ll still airdrop 19.99 DOS tokens to eligible token holders even if the number of eligible BEP2 DOS token holders is less than 1,000 by snapshot time.
Partnership Airdrops will continue as we’re reaching new partnerships.
Please stay tuned for our announcement soon.
Project Summary:
DOS NETWORK is a scalable layer-2 network that implements Decentralized Oracle Services, aiming to provide real-world data and computing power for mainstream blockchains. It connects blockchain smart contracts with real-world data and events, and provides verifiable computing power for blockchains, enabling more application scenarios to be implemented. DOS Network can support a variety of mainstream blockchains, such as Ethereum, TRON, ThunderCore, Quarkchain, Ultrain and etc.
Trade $DOS/$BNB here: https://www.binance.org/en/trade/DOS-120_BNB
Binance Chain Asset Page: https://explorer.binance.org/asset/DOS-120
DEX Listing Proposal:https://community.binance.org/topic/247/proposal-for-listing-dos-network-dos-on-binance-dex
Get Social:
Twitter: https://twitter.com/DOSNetwork
English Telegram: https://t.me/dosnetwork_en
Chinese Telegram: https://t.me/dosnetwork_cn
Wechat Group: Search and add helper account dosnetwork001
Website: https://dos.network
