We are thrilled to announce our collaboration with Bonk to bring you THE 10 BILLION $BONK BONANZA!
Between January 9th and January 14th, trade on Drift for an opportunity to take home a piece of the 10 Billion $BONK pool and ring in the new year with rewards! Unlock prize pools and join us for a trading competition where the top winners will take home with 1 Billion $BONK each 😮💰
We’ve been given a grant to incentivize new traders on Drift, and to continue in spirit of giving, we’re also doing a 1 Billion $BONK airdrop for early adopters. Lastly, we’ll be holding daily $BONK drops every day from January 9th to the 14th worth 200 million $BONK each! Challenge details are below.
It’s been a wild ride watching the community rally around Bonk over the past week and we look forward to welcoming all the Bonk enjoyoors out there.
If you’re just getting started on your DeFi journey, check out the resources in our Learn hub.
Start trading on Drift.
Update [January 15, 2023]
Congratulations to all the participants & winners of the 10 Billion $BONK Bonanza for unlocking the maximum prize pool! We enjoyed putting this together and hope you all enjoyed taking home a share of the 10 Billion $BONK!
$BONK Airdrop To Drift Early Adopters
Reward: 1 Billion $BONK
After a wild year, what better way to kick off 2023 than with a $BONK airdrop? To recognize our early traders on Drift v2, we are airdropping 1 Billon $BONK! 🪂
We’re grateful for your continued support.
The airdrop will be distributed next week and split amongst traders who have traded a minimum of $1,000 USDC in volume on Drift v2 as of Jan 6th at 7am UTC.
Trade to $BONK!
Reward: Up to 5 Billion $BONK
We’ve got a 5 Billion $BONK prize pool up for grabs! This community challenge will reward you in $BONK for trading on Drift. $BONK reward pools will unlock as volume milestones are hit. Once unlocked, the allocated $BONK amount will be distributed to traders who meet the eligibility requirements as listed below. Qualified wallets will split the prize pool equally. We'll be posting daily updates with volume snapshots. Make sure to keep up on Twitter & Discord for announcements.
Eligibility Requirements
- Participants must enroll their wallet address in in Drift’s #competitions channel in Discord in order to qualify for the prize pool. To be eligible for any of the Bonk Bonanza challenges, traders only need to submit their wallet address once.
- Only wallets that have met their minimum requirements during the Bonk Bonanza will qualify.
Trading Competition
Reward: 3 Billion $BONK
Finish among the top 2 for highest PNL percentage or volume moved during the Bonk Bonanza for some $BONK rewards.
Highest Positive PNL
🥇 1st Place Reward: 1 Billion $BONK
🥈 2nd Place Reward: 500m $BONK
The Top 2 traders with the highest PNL at the end of the trading competition will take home the allotted prize amounts.
Most Volume
🥇 1st Place Reward: 1 Billion $BONK
🥈 2nd Place Reward: 500m $BONK
The Top 2 traders who drive the most volume at the end of the trading competition will take home the allotted prize amounts.
Eligibility Requirements
- Participants must enroll their wallet address in in Drift’s #competitions channel in Discord in order to qualify for the prize pool. To be eligible for any of the Bonk Bonanza challenges, traders only need to submit their wallet address once.
- Only wallets that have traded $20K during the Bonk Bonanza will qualify.
We'll be posting daily updates with leaderboard snapshots for volume & PNL. Keep up on Twitter & Discord!
Daily $BONK Drops
Reward: 1 Billion $BONK
We’ll be holding daily $BONK drops for participating in challenges throughout the week. These range from trading-related tasks to meme competitions. We’ll be airdropping 200 million $BONK per day for completing different tasks!
Keep up on Twitter & Discord for daily announcements and complete the tasks to qualify!
Good luck to everyone throughout the Bonk Bonanza!
Rules
The Bonk Bonanza ("Competition") is subject to the Competition Terms and Conditions, these rules any further rules or updates posted by Drift (together the ”Rules”).
Drift will determine the winners of the Competition in its absolute and sole discretion with no recourse for appeal. Violation of these terms may result in disqualification from the Competition, Drift reserves the right to exercise absolute discretion in determining what constitutes prohibited behaviour.
By participating in the Competition, all users agree that:
- Only wallets that have been submitted to Drift’s #BonkBonanza channel on Discord (”Submission”) will be eligible for participation in the Competition.
- Wash trading is strictly prohibited in the Competition. Any attempt to engage in wash trading or other fraudulent or deceptive practices will result in disqualification from the Competition. Drift reserve the right to exercise absolute discretion in determining what constitutes wash trading and/or any other prohibited behaviour.
- Winners of each prize will be published on Drift’s social media channels. Winners will be required to reach out to the Drift team to provide further details to claim their prize. Receipt of any prize is conditional upon compliance with these Rules and Competition Terms and Conditions. The relevant prize will be transferred to the relevant winning participant based on the details provided by that winning participant. Please note that the winning prize will only be transferred upon receipt of all necessary documentation reasonably requested by Drift.
- The total pool of prizes that the participants together, will receive, as part of the Competition is 10 billion in $BONK tokens (the “Total Prizes”). The allocation breakdown for the Total Prizes available are set out on this page and is subject to Drift’s discretion.
- The market price of $BONK tokens may vary throughout the duration of this Competition and Drift will not be responsible for any value associated with the market price of $BONK tokens that are awarded to users, the amount of $BONK tokens awarded to users will be final.
- If for any reason the winner does not take the prize or an element of the prize at the time stipulated, then the prize or that element of the prize will be forfeited and will not be redeemable for cash. The prize, or any unused portion of the prize, is not transferable or exchangeable, unless otherwise specified.
- All taxes or costs associated with obtaining the prize are the winner’s sole responsibility.
