Trade between [DATE] to [DATE] 2024 to unlock 715,000 $DRIFT tokens! More than [INSERT $USD] dollars worth of $DRIFT tokens will be distributed to Backpack users!
$DRIFT was listed on May 16th, 2024.
- The powerful DEX launched as a simple crypto trading platform in August 2021. Since then it has grown into the largest open source perpetual futures market on Solana.
- $DRIFT is the governance token of the Drift Protocol.
Event Period
[DATE] at [TIME] to [DATE] at [TIME]
Allocations
- Top 10 Traders by trading fees will be rewarded with [INSERT] $DRIFT tokens
- Top 70% Traders by trading fees will be rewarded with [INSERT] $DRIFT tokens
- 10 Lucky Traders will win up to [INSERT] $DRIFT tokens through Lucky Draw
- Local partners and KOLs will be rewarded with [INSERT] $DRIFT Tokens
FAQs
Q: Will all users be eligible to participate?
A: Users in the Backpack market maker program are not eligible to participate. Unfortunately users in the UK and United States [UAE?] are not eligible to participate in this campaign.
Q: Does Maker and Taker volume count?
A: Both Taker and Maker volume are counted. However, the rewards will be distributed proportional to trading fees, so Taker volume is likely to have more weight than Maker volume.
Q: Will there be a Leaderboard?
A:
Q: When will the rewards be distributed?
A: Within 1 week of the end of the campaign.
Q: Do I need to claim my rewards or will they be distributed to my Portfolio?
A: You need to claim your rewards.
Q: Do all token pairs count towards volume?
A: Only the DRIFT pair counts in this campaign.
Q: Who is eligible for the Lucky Draw?
A: All users who place at least one trade during the event period and have at least $500 in average balance will be eligible for the Lucky Draw. Traders who won other rewards during this campaign will not be eligible for Lucky Draws.
To enter by mail without obligation, hand write on the front of a 3x5 card your name, address, city, country, postal code, e-mail address, telephone number and date of birth. Insert single card in an envelope and mail with sufficient postage to: “DRIFT Trading Campaign”, Trek Labs Ltd FZE, Office 236, 2nd Floor, C1 Building, Dubai World Trade Center District, Sheikh Zayed Road, Dubai, United Arab Emirates. Mail-in entries must be postmarked by June 10, 2024 and be received by June 15, 2024. You will receive one (1) entry into the Sweepstakes for each mail-in entry received as stated above. Proof of mailing does not constitute proof of delivery. A winner that entered via mail will be required to create a new Backpack Exchange account and agree to the respective terms of use and privacy notice, to receive their prize. If you do not create a new Backpack Exchange account and agree to such terms of use and privacy notice within the timeframe indicated by Sponsor, you will be ineligible to receive a prize.
Please note:
- Backpack Exchange reserves the right to end the campaign earlier.
- Backpack Exchange reserves the right to cancel any user’s eligibility for the rewards if it detects malicious behavior.
- If Backpack Exchange detects any violation of its Terms of Services, Backpack Exchange will notify the user and put the account into withdrawal-only mode.
Further Reading
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