Dear Bitruers,
We're bringing a popular token to you, it's Olympus (OHM) !
Olympus is a floating algorithmic currency. This means that it has mechanisms to promote stability and predictablility without directly pegging to any asset. However, we take it one step further with the introduction of adjustable policy; the DAO can move certain variables up and down to target growth and profitability or stability and predictability.
More information can be found on their official website at https://www.olympusdao.finance/
Deposits for OHM (ERC20 Network supported) have been enabled already, so existing traders are able to deposit in advance and prepare for when trading opens on a USDT pair soon. Withdrawals will be enabled approximately 24 hours after trading has begun.
Activity time:
08:00 October 18, 2021 - 08:00 October 25, 2021 UTC
Rules:
1. Top three winners award
The top three net depositors will receive the following rewards:
1st $500 in OHM
2nd $300 in OHM
3rd $200 in OHM
2. Active Participation Award
Within one week after the opening of OHM deposits, users who successfully deposit OHM from an external address to the platform will be ranked according to their net deposit volume. Among them, the 4th to 103rd users will equally share a total of USD $4000 in OHM rewards. Users with negative net deposits will not participate in sharing.
Reward calculation:
Net deposit volume = deposit volume-withdrawal volume
3. Snapshots will be taken randomly within 1 hour before the end of the event.
4. The reward will be distributed to the user's Bitrue account within 7 days after the event ends.
We have enabled deposits for this coin in advance, so that any existing holders can deposit and get ready for trading. Trading will initially be available with USDT, and withdrawals will be enabled approximately 24 hours after trading begins.