To celebrate ZAP listing on Bitrue, there’s a prize of of 2,300,000 ZAP created to reward users who hold and trade ZAP on Bitrue platform.
Details of the two events:
Event 1: Hold ZAP & Share 1,500,000 ZAP
- Time: May 23 — Aug 22 for 3 months
- Rules:
a). The Total Distribution Amount for Part I is 1,500,000 ZAP. Amount will be divided equally in three months.
b). Bitrue will take a snapshot of users’ ZAP balances randomly every day each month, and distribute the prize pool of ZAP proportionally before the 28th of that month.
3. Calculation:
ZAP received by the User = The Total ZAP to be distributed* Proportion of Daily Average ZAP held by the user
Daily Average ZAP Proportion = Amount of Daily Average ZAP held by User/ Total ZAP held by Bitrue at the time of snapshot
Daily average amount of ZAP held by User = Sum of 30 day’s ZAP Daily Snapshot/30 (those in orders included)
4. Note:
* Rewards of less than 60 ZAP will not be distributed.
* Any ZAP that are pending in deposit or withdrawal at the time the snapshot will not be counted towards your ZAP balance.
* The maximum of reward for each account per month is 30,000 ZAP.
Event 2: Trade ZAP on Bitrue to Share 800,000 ZAP
1.Time: May 22 — May 29
2. Rules:
Bitrue will rank users trading volume for ZAP at 24:00 May 29 (GMT+8). TOP 100 ranked users will share 800,000 ZAP based on the proportion of their trading volume.
3. Calculation:
ZAP received by the User= 800,000 ZAP* Proportion of ZAP trading volume of that user
ZAP Trading Proportion= User’s ZAP Trading Volume/Total ZAP Trading Volume on Platform
4. Distribution: Before June 15
5. Note:
* Only filled (executed) orders will be calculated into the trading volume.
* Trading volume means the total amount of Sell & Buy orders of ZAP (excluding wash trading).
*Bitrue clearly forbids any wash trading for the event, accounts involved will not receive any rewards from this campaign.
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