Phala Network
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Phala Network

Phala (PHA) Listing Campaign: Deposit & Trade to Share a 50,000 PHA Prize Pool on KuCoin!

To celebrate Phala (PHA) being listed on KuCoin, we launched a listing campaign on March 2, 2021, to give away a reward pool of 50,000 PHA to qualified PHA and KuCoin users!

The campaign runs from 10:00:00 on March 2, 2021, to 10:00:00 on March 9, 2021 (UTC).

Activity 1: Deposit PHA to KuCoin to Win a Share of 20,000 PHA!

During the campaign period, the top 20 accounts with the highest net deposit volume (deposits — withdrawals) will win a share of 15,000 PHA!

The rewards will be distributed as follows:

Participation Reward:

the first 200 users who have net deposit volume (deposits — withdrawals) that reaches 300 PHA on KuCoin, will evenly split a 5,000 PHA prize pool (25 PHA each).

Limited to 200 spots, first come, first served!

Activity 2: Net Buying Competition, Enjoy a 20,000 PHA Prize Pool!

The top 20 accounts with the highest net buying volume (buys — sells- withdrawals) of PHA on KuCoin will win a share of 20,000 PHA!

The rewards will be distributed as follows:

Activity 3: Triple Participation Rewards, Win a Share of a 10,000 PHA Prize Pool!

  1. Users who have the PHA net buying volume (buys — sells- withdrawals) of 100 PHA or more on KuCoin will evenly split a 2,000 PHA prize pool.
  2. Users who have the PHA net buying volume (buys — sells- withdrawals) of 200 PHA or more and pass KYC2 on KuCoin will evenly split a 3,000 PHA prize pool.
  3. Users who have the PHA net buying volume (buys — sells- withdrawals) of 300 PHA or more and pass KYC2 on KuCoin will evenly split a 5,000 PHA prize pool.
  • Qualified users can receive triple participation rewards.

Note: The rewards will be distributed by KuCoin. For more details, please read KuCoin’s official announcement.👇

https://www.kucoin.com/news/en-pha-listing-campaign-deposit-trade-to-share-a-50000-pha-prize-pool?utm_source=PHA

About Phala

Phala Network tackles the issue of trust in the computation cloud.

This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.

As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.

On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.

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