NUSD Net Buying Competition: 15,000 NUSD to Give Away!

05/21/2019, 17:56:57

To celebrate NUSD being listed on KuCoin, KuCoin will launch a net buying competition together with the NUSD project to give away a reward pool of 15,000 NUSD to qualified KuCoin users. The competition will run from 18:00:00 on May 21, 2019 to 18:00:00 on May 28, 2019 (UTC +8).

During the competition period, users with a net buying volume (net buying volume = buying - selling volume, excluding self-trading volume) of above 100 NUSD will evenly split a reward pool of 15,000 NUSD between them.

Note:

  • KuCoin reserves the right of final interpretation of the competition.
  • Net buying volume: buying - selling volume, excluding self-trading volume.
  • KuCoin reserves the right to disqualify trades which are deemed to be wash trades or display attributes of market manipulation.
  • The Sub-Accounts and Master Account will be treated as the same account when participating in the activity.
  • Rewards will be distributed within 3 days of the campaign ending.

Kind Reminder: Holding KCS will get you more trading fee discounts, details inside.

Neutral Dollar (NUSD) Introduction:

The Neutral Dollar (NUSD) is a metastable basket initially comprising of USDC, PAX, TUSD, and DAI. The NUSD basket itself is fully collateralized and inter-exchangeable with constituent stablecoins, with the ability to add new underlying stablecoins in the future. The construction is designed to be liquidity- and exchange- neutral, enabling the Neutral Dollar to have merits and applications that no individual stablecoin project alone can exhibit. The Neutral team believes the NUSD is a compelling use case for a more stable instrument for trading, hedging and investing - and also a way to facilitate broader stablecoin usage for users to serve every stablecoin need.

Neutral Website: https://neutralproject.com/

Neutral Platform: https://neutralproject.com/download.html

Neutral, founded in 2018, is a smart contract system offering superior financial instruments to the cryptocurrency space. Neutral’s core team comprises of experienced investors, quantitative traders, trading system developers, and is advised by Nobel Prize economists and financial industry experts. The company is backed by Sequoia Capital China and has offices in San Francisco, New York, and Beijing.

Thanks for your support!

The KuCoin Team

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