Pledge is designed to allow the creation of innovative structured and collateralized lending products. These include fixed interest rate swaps, refinancing, and financial derivatives around credit markets in order to allow investors to build diversified portfolios tailored to whatever level of risk exposure they are comfortable with.
These kinds of markets do around $500 trillion in trade volume every year. Innovations in fixed yield vaults, variable yield vaults, tokenization of yields, and seniority of bonds – represented in Pledge using financial NFTs – give Pledge a unique position as a “Lego building blocks” maker, improvising capital efficiency and reducing liquidity friction.
Pledge provides a suite of decentralized financial contracts, defined as financial NFT, hoping to facilitate its use and adoption as an integral part of the fixed income money market. These derivative trade smart contracts, which typically swap fixed-rate interest payments for floating-rate, interest payments are an essential tool for defi investors who can use them in an effort to hedge, speculate, and manage risk on or cross chains.
During the campaign period, newly registered KuCoin users whose first 3 trading tokens include PLGR, and have a trading volume (buys + sells) that reaches 100 PLGR will receive $5 in PLGR each.
First come, first served! 2,000 spots only!
*KuCoin will rank all the qualified new users by the time when their trading volume reaches 100 PLGR.
During the campaign period, all KuCoin users who have a trading volume (buys + sells) of at least 100 PLGR and pass KYC1 will be qualified for the lucky draw.
KuCoin will randomly choose 400 lucky users. Each user will receive $50 in PLGR.
The top 100 users who have a PLGR trading volume (buy + sell) on KuCoin will win a share of a PLGR prize pool worth $40,000! Meanwhile, the top 100 users can also enjoy a trading fee return of up to $100 in PLGR each!
The rewards will be distributed as follows:
Ranking | Rewards |
????Top 1 | $1,500 in PLGR |
????Top 2 | $1,200 in PLGR |
????Top 3 | $1,000 in PLGR |
Top 4-10 | $900 in PLGR each |
Top 11-20 | $800 in PLGR each |
Top 21-30 | $600 in PLGR each |
Top 31-50 | A share of $6,000 in PLGR in proportion to their trading volume (excluding the top 30 winners) |
Top 51-100 | A share of $10,000 in PLGR in proportion to their trading volume (excluding the top 50 winners) |
*The trading fees will be returned according to the actual trading fee generated by the user. A maximum of 100 USDT worth in PLGR per person can be returned (only the top 100 users will enjoy the trading fee return). The returned trading fees will be distributed together with the trading competition rewards.
Note:
10:00:00 on January 12, 2022 – 10:00:00 on January 19, 2022 (UTC).
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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