AscendEX x UniLend Promotional Events

Published on: 19.10.2021

In celebration of the listing of UFT, AscendEX and the UniLend will launch several limited-time promotional events, taking place between 10:00 a.m. UTC on Oct. 19 and 12:00 a.m. UTC on Oct. 26, 2021, offering users a chance to share 12,000 USDT worth of UFT pooled rewards.

🔹Event One: Buy UFT to Unlock a Prize Pool Worth 10,000 USDT

Users who trade UFT while maintaining a net buying amount (buys–sells-withdrawals) of 300 UFT or more will be eligible to unlock 10,000 USDT worth of UFT rewards. The more UFT you buy, the more rewards you can unlock.

🔹Event Rules:
1.The ratio of net buying amount to unlocked rewards stands at 20:1. For instance, 100 UFT tokens will be unlocked and awarded to users who maintain a net buying amount of 2,000 UFT.
2.Each account is allowed to unlock a maximum of 100 USDT worth of UFT rewards.
3.The prize pool will be capped at 10,000 USDT worth of UFT tokens. The rewards will be unlocked based on the net buying amount from high to low on a first-come-first-served basis.

🔹Event Two: 2,000 USDT Worth of UFT Airdrops
AscendEX will send out airdrop invitations via email to users on a random basis. Users who receive the airdrop email are eligible to claim the rewards after filling out the Reward Registration Form. The 5-30 USDT worth of UFT airdrop rewards will be distributed based on the time when the users complete the form. The airdropped rewards will be capped at 2,000 USDT. Rewards will be distributed on a first-come-first-served basis.

About AscendEX

AscendEX is a leading global digital asset financial platform founded by a group of Wall Street quantitative trading veterans in 2018, servicing retail and institutional clients in over 200 countries and regions of the world.