Synbit launch event

Synbit Protocol
3 min readApr 14, 2021

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Synbit will launch a Synbit trading event on the Hoo Exchange on April 15, 2021 at 15:00 (UTC+8), More than 20,000 Synbit are waiting for you!

Action I. Best Buyer Contest

Event Time: 15:00 on April 15, 2021–15:00 on April 21, 2021 (UTC+8)

Budget: 10,000 Synbit

Participation Eligibility: Net Buy Volume (Net Buy Volume = Buy — Sell — Withdraw) ≥ 100 Synbit

Contest Rules: The top 30 Synbit net buys during the campaign period receive the following rewards.

№1 : 2,000 Synbit

№2: 1,500 Synbit

№3 : 1,000 Synbit

Between 4th-10th : 2,500 Synbit based on net buy-in

Between11th-20th: 2,000 Synbit based on net buy-in

Between 21st-30th: 1,000 Synbit based on net buy-in

Action 2, ”Open limits” incentive

Event Time: 15:00 on April 15, 2021–15:00 on April 21, 2021 (UTC+8)

The Rules: Hoo takes a snapshot of the Synbit/USDT pair every 1 minute and records the top 50 ”Open Bids” and the top 50 ”Open Asks” for those which not filled. System will automatically calculate the return, and will Synbit as award accordingly.

The total incentive for ”Open Limits” event is 10,000 Synbit.

e.g., if a user make a 100,000 USDT worth bids in the bid list, he can get (100000*120%)/365= 328.76 USDT (issued at the market price in Synbit) if his bids are not filled for a full day.

Action 3, Twitter retweet and follow

Event Time: 14 April 2021 15:00–17 April 2021 15:00 (UTC+8)

The Budget: 250 Synbit

Event Rules.

1. Follow the official Twitter @Hoo_exchange @SynbitProtocol 2. Retweet the content of the tweet and @ 3 friends

3. Join the Hoo Telegram: https://t.me/chaince_foreign_group 4. Join the Synbit Telegram: https://t.me/Synbit

Event Rewards.

Synbit will randomly select 20 winners from those who meet the event rules during the event period, each winner will receive a Synbit equivalent to 10 USDT; and one lucky winner will be randomly selected to receive a Super Pack, equivalent to 50 USDT of Synbit.

  • The rewards will be distributed in seven working days.

Action 4: Weibo retweeting and following

Event time: April 14, 2021 15:00 — April 17, 2021 15:00 (UTC+8)

Event Budget: 250 Synbit

Event Rules.

Synbit will be officially launched on April 15 at 15:00

Follow @Hoo and retweet this tweet, on April 17 at 15:00, the prize will be awarded to 20 randomly selected winners from

Hoo will randomly draw 20 winners from the users who meet the event rules during the event period, each winner will receive some Synbi which worth of 10 USDT; Hoo will also randomly draw 1 lucky winner to receive a Super Pack which worth of 50 USDT of Synbit.

  • The prizes will be distributed in seven working days.

Related links.

Official Website: https://www.synbit.io

Twitter: https://twitter.com/SynbitProtocol

Telegram: https://t.me/Synbit

GitHub: https://github.com/Synbitio

Discord: https://discord.gg/MycR8DK

Medium: https://synbitprotocol.medium.com/

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