Sentinel Protocol On First Exchange Milestone
Sentinel is the first most effective blockchain bandwidth infrastructure with a focus on private and censorship-free internet access.
The sentinel decentralized virtual private network(dVPN) is an ecosystem of independent and autonomous dVPN applications with transparent life statistics showing the network being used in real-time by thousands of users.
As a decentralized crypto-platform, Sentinel’s major token is $DVPN, and the mission of the team at Sentinel is to ensure that this token is listed on some of the major and first-tier exchanges.
Sentinel has pursued this mission by ensuring that they keep increasing the utility of the network and continuous development of its ecosystem. The goal is to show Tier 1 CEXs that they are here to stay and ensure they get listed in no time.
It is no surprise then that following their continued and speedy growth, they are finally listed on what is now their first tier-1 exchange listing.
Traders, investors, and users alike can now trade DVPN/USDT on Kucoin.
In order to fully understand how huge this feat is, this is the third time Sentinel would be listed in an exchange market but with Kucoin, this marks the first Tier 1 exchange listing.
You can trade DVPN/USDT today at https://trade.kucoin.com/DVPN-USDT
In case you are wondering, Kucoin is a global crypto-currency exchange offering a variety of trading options. Launched back in 2017, it now has over six million users with different trading options like spot, margin, futures, P2P trading with lending and staking. With over 400 crypto tokens to trade with, it is a great feat that Sentinel is now listed on the exchange.
Because Sentinel is focused on giving its users and token holders the best, it is also important that users have access to a platform or trading exchange that is beginner friendly with a sleek and easy to use interface. Kucoin has these features and more and the exchanges also charge the lowest fees in the crypto trading industry.
On Kucoin, the current available trading pair is DVPN/USDT. Trading started on the 27th of September 2021, with a total DVPN token supply of 10,564,208,857 and a market cap of $211,793,312. The circulating supply is 4,719,283,181 DVPN, with a 24hr trading volume of $2,199,843
THE $50,000 DVPN PRIZE POOL
In order to celebrate Sentinel being listed on Kucoin, Sentinel launched a campaign to give away a reward pool of $50,000 in DVPN to qualified Kucoin users. The campaign would continue to run from September 27, 2021 to October 4, 2021.
The price pool is divided into three different activities with each activity having its own prize pool.
In the first activity, called the NET DEPOSIT COMPETITION, you get to win a share of $10,000 in DVPN.
To participate, all you need to do during the campaign and giveaway period is to be amongst the first 200 users with a net deposit volume that reaches 3,000 DVPN or more on KuCoin. This prize pool is limited to 200 KuCoin users and the $10,000 is shared amongst these 200 users with users winning upto $60 in DVPN. Note that users are determined on a first come first served basis.
In this first activity, the first 100 users that meet the criteria in this activity would get $60 in DVPN, while the last 100 users would get $40 in DVPN.
For the second activity. Called the NET BUYING COMPETITION, you get to win a share of a $25,000 in DVPN prize pool.
To qualify for this activity, the top 30 users/traders who have a net trading volume which includes, buying, selling and withdrawals of 20,000 DVPN on Kucoin will win a share of the price pool.
Rewards are distributed based on the highest trading volume. The person with the highest trading volume gets $1,800 in DVPN. So by ranking based on trading volume above $20,000, the 2nd person gets $1,300, 3rd person gets $1,000 all in DVPN. While the top 4th to 10th person gets $700, the 11th to 20th gets $600, 21st to 30th users get $500.
Any other users that qualify based on the criteria for this activity, will share a $5000 prize pool but in proportion to their net buying volume.
For the third activity called the LUCK POOL WITH LOW THRESHOLD, you can win a share of $15,000 in DVPN. To win or participate, KuCoin will run a lucky draw for users who have a trading volume of 3,000 DVPN or more and also add the DVPN/USDT trading pair to their favorites list.
In the activity, 300 lucky users drawn by the transparent drawing system of KuCoin will evenly share $15,000 in DVPN prize pool with each user getting $50 in DVPN.
With all these activities, there are some important rules to know so you don’t miss out even after you have qualified.
Rules To Note
- Net deposit volume = Deposits — Withdrawals
- Net buying volume = Buy- Sell — Withdrawals
- Trading Volume = Buys + Sells.
- Users with Sub accounts and master accounts should know that these accounts would be treated as the same account when participating in the Sentinel activities.
- The top 30 winners of activity two will not be eligible to receive activity 3 rewards. This is to allow for more winners.
- KuCoin will update the top 10 rankings of activity 2 before 1pm, 29th of September while the final rankings will be updated within 5 working days before the campaign ends.
- Rewards will be distributed within 7 working days of the campaign ending.
- In order to avoid any illegal or malicious acts or trading during the campaign period, all trading activities will be carefully inspected. Activities including but not limited to malicious transaction manipulations, illegal bulk registration of accounts, self dealing, etc would be inspected and any user discovered will be immediately disqualified.
KuCoin has the right to determine which activity was cheating and malicious without the need to explain or defend its decision. Any decision made by KuCoin is final and binding on all users and participants.
Sentinel sure has a long way to go and their goal of ensuring continued development of its features and the ever increasing users would see them listed on other major tier 1 exchanges in no time.
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