To celebrate the launching of OGN on Huobi Global on June 18, 2020 (GMT+8), we are now initiating the following promotions: OGN Net Increase competition and Airdrop to OGN holders, commit up to 100,000 USDT & 500,000 OGN to giveaway to Huobi users.
1. OGN Net Increase competition
Promotion period: 18 June 12:00:00 – 29 June 2020 23:59:59 (GMT+8)
- During the promotion period (18 June 12:00:00 – 29 June 2020 23:59:59), competition rewards users based on their OGN Net Increase Amount in 4 rounds.
- Users accounts will be snapshotted randomly to see how much OGN they are holding on the first day of the round vs. the last day of the round.
- First round: 18 June – 20 June 2020
Second round: 20 June – 23 June 2020
Third round: 23 June – 26 June 2020
Last round: 26 June – 29 June 2020
- For example, an user had an initial balance of 2000 OGN on 18 June and got snapshotted. The user bought 15000 OGN on 19 June and sold 5000 OGN on 20 June. The user ends up with a balance of 12000 OGN. The account got snapshotted on 20 June and Net Increase Amount is 10000 OGN for the first round.
- Total prize pool of 4 rounds is 100,000 USDT, prize of each round is 25,000 USDT.
- Users are ranked by the OGN Net Increase Amount in each round.
- Users can win the prize in multiple rounds.
|Prize of each round|
2. Airdrop to OGN holders
Promotion period: 1 July 00:00:00 – 31 August 2020 23:59:59 (GMT+8)
- During the promotion period (1 July 00:00:00 – 31 August 2020 23:59:59), promotion airdrops users and based on their OGN holding in 2 rounds.
First round: 1 July 00:00:00 – 31 July 2020 23:59:59
Second round: 1 August 00:00:00– 31 August 2020 23:59:59
- Requirement to participate: holding of OGN ≥ 1000 of the day
- In each round, the users’ OGN holding data (holding or pending order ≥ 1000 OGN) will be snapshotted at random time every day. The total holding of OGN of the users are calculated. According to the proportion of the holding of the users, the corresponding rewards are shared.
- Calculation of each round:
User’s reward = (User’s OGN holding / sum of all users’ OGN holding) * 250,000 OGN
- Total prize pool of 2 rounds is 500,000 OGN, prize of each round is 250,000 OGN.
- Reward calculation of each round is shown in Promotion rules.
- The promotions are limited to parent account that has passed ID verification. All the snapshots involved in the promotions are done at random time of the day. The snapshots of holdings of sub-account are included in the parent account. For the second promotion, holding or pending orders less than 1000 OGN on the day will not be included in the scope of the snapshot of the day.
- Rewards of each promotion will be distributed to the Exchange Account of Huobi Global within 10 working days after the promotion ends.
- During the promotion period, if there is any malicious behaviour, Huobi Global shall disqualify users’ participation.
- Digital asset trading is an innovative trading product, please make rational judgements and make prudent decisions.
- Huobi Global reserves the right of final interpretation to the promotion and has the right to make reasonable adjustments to the period, rules or rewards of the promotions according to actual situation, or to request the winner to provide the necessary identification.
- Huobi Global’s announcement and information do not constitute investment advice and Huobi Global will not bear any direct or indirect losses that depend on such information. Huobi Global does not bear responsibility for guarantees and compensation for trading activities.
June 18, 2020