KuCoin Choice Community Vote (DeFi Session) Round 1: ORN vs PNK

07/21/2020, 12:50:37

Dear KuCoin Users:

We sincerely appreciate everyone for their participation in the ‘Nominate the DeFi Project with the Most Potential to Win a Reward’ activity’. We have received more than 2,000 recommendations for DeFi projects with the most potential. In respect of the communities’ choice, we have selected Kleros (PNK) and Orion Protocol (ORN) as the two candidates for the first KuCoin Choice Community Vote. Click here to Cast your vote now.

The vote will start at 18:00 on July 20, 2020 (UTC+8) and will last for 24 hours closing at 18:00 on July 21, 2020 (UTC+8).

Votes Counting Mechanism

  1. The number of votes each user receives will be determined by their 2-day average (automatic snapshots) KCS holdings from: 00:00 on July 18, 2020 (UTC+8) to 10:00 on July 20, 2020 (UTC+8).
  2. New KuCoin Users who registered on KuCoin between 12:00 on July 17, 2020 (UTC+8) and 00:00 on July 20, 2020 (UTC+8) will receive 1 extra vote.

Participant Rewards

  • If Kleros (PNK) wins the vote and is listed on KuCoin, all participants that voted for Kleros (PNK) will win a share of a total reward pool of 20,000 USDT, based on the number of votes from each participant.
  • If Orion Protocol (ORN) wins the vote and is listed on KuCoin, all participants that voted for Orion Protocol (ORN) will win a share of a total reward pool of 20,000 USDT, based on the number of votes from each participant.

Rewards Allocation per winning vote = (1 / Total number of votes received by the winner) X Winner Rewards Pool

Terms & conditions:

  • We will take snapshots of KCS balances in the KuCoin Main Account and Trading Account as well as in the Pool-X Account (including locked amount).
  • To ensure the fairness of the voting process, candidates' votes will be counted anonymously. The winning project will be announced after voting is complete.
  • We will treat the Sub-Accounts and Master Account as the same account during the counting period; Only Master Accounts are eligible for community voting;
  • Users will only be able to choose one project to contribute all their votes to. You cannot vote for both projects.
  • Rewards will be issued within 2 weeks after the vote ends.
  • The counting status will be updated automatically every 5 minutes. Data delays might occur.
  • KuCoin reserves all rights to change the rules of this event without notification, including revoking the results suspected of vote manipulation.

Thanks for your support!

The KuCoin Team