BNB
by BSC News
April 29, 2023
The MemeFi platform, in partnership with LBank, will reward users with $50,000 in a futures trading campaign.
Global cryptocurrency exchange, LBank, has listed Floki. To celebrate the listing for users, the top exchange is set to launch a giveaway campaign worth $50,000 FLOKI in association with the MemeFi platform.
The huge giveaway campaign, “FLOKI X LBank Futures Trading Activity,” is meant for only FLOKI futures traders on the crypto exchange. The event is divided into three categories and will kickstart on April 29 and end on May 13, as tweeted by the exchange.
Both new and existing futures traders on LBank are eligible to participate in the campaign. From the event details on LBank’s official blog announcement, newly registered users who sign up on the platform and trade FLOKI futures with a cumulative trading volume of at least 10,000 USDT will be rewarded from a prize pool of $20,000 FLOKI.
LBank will issue the remaining $30,000 prize pool in the Futures Trading Competition. According to the blog, users would be rewarded based on their cumulative futures trading volume during the event.
“During the event period, users who trade FLOKI futures will be issued the corresponding reward according to their final ranking in cumulative futures trading volume,” the blog read.
Apart from the $50,000 prize pool, 50 FLOKI futures traders would be rewarded $100 worth of FLOKI each ($5,000 Bonus Pool). However, they must have a cumulative futures trading volume of at least 1,000,000 USD to become eligible. Further, LBank will distribute the bonus on a first-come, first-served basis.
The latest initiative is another significant move by Floki to incentivize users in the Decentralized Finance (DeFi) space. Additionally, the campaign will boost the brand’s adoption and awareness, exposing the token to more crypto enthusiasts. Interested individuals should read LBank’s announcement for more information about the rewards and distribution, including the terms and conditions.
Floki Inu began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki Inu. Floki Inu is currently the market's third most popular meme token, behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.
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