Rewards Campaign

We are pleased to announce an exciting campaign that will reward users for the usage of the exchange service on Kyber Network. Our aim is to encourage new users to start trading on the platform, while simultaneously incentivizing regular engagement.

To qualify for the rewards, you need to be on the whitelist of Kyber Network exchange. If you have yet to whitelist your ETH address, you may do so here. Remember to perform it before 3pm (GMT+8) March 1, 2018, before it closes.

The program consists of two tasks:

First transfer Usage of the Platform

We pay out KNC rewards for any users that complete either or both of these tasks.

First Transfer

Effective period: 3pm (GMT+8) March 1st to 3pm (GMT+8) March 15th.

This is a two-part task that will offer a rewards for each part.

Part 1: To show our appreciation for users who access the exchange service, we will be rewarding 2 KNC to all users (both KGT and whitelisted address) who have completed a successful transaction on Kyber Network.

Part 2: To encourage users to undergo KYC check to be able to trade with higher limit, we will be paying out a one time reward of 3 KNC to all users who submit their personal information to the KYC program.

Usage of the Exchange

Effective period: 3pm (GMT+8) March 1st to 3pm (GMT+8) March 15th.

To encourage users to conduct trading activity on the exchange, we will be rewarding 20 KNC to users who complete a cumulative 10 ETH worth of transactions during the 15 days of the rewards program. Users who complete an additional 10 ETH worth of transactions on top of the original 10 ETH worth, will receive a second 20 KNC reward.

Payout and upcoming plan

The payout of reward tokens to eligible users will start after March 15th when the program is completed. These tokens will be distributed by April 2018.

This trading rewards program is the first of many more to come. In this initial stage we are rewarding activation and usage. Subsequently, we will execute campaign to reward consistent activities of the platform, and to be followed by a referral program that allows users to refer peers to participate the network.