Hoo.com has launched PGS/USDT buy & sell order competition. Top 30 users who placed buy & sell orders with a price closest to the market price will be rewarded.
PGS/USDT trading starts 18:00 on Oct. 14
PGS withdrawal starts 20:00 on Oct. 14
Introduction to PGS
Pegasus is a consensus for servicing community. We hope that we can unite the power of decentralization and create community consensus to create a low-entropy benign ecology in the ‘dark moments’.
Total Supply: 10 Billion
Prize Pool: 1,000,000 RMB (≈142,800 USDT)
Time: 19:00 Oct. 14 – 19:00 Oct. 19 or when the prize pool given out
Snapshot: Hoo official will take a snapshot of the top 30 PGS/USDT buy and sell orders. Please be noted that only the open part of the orders are qualified to join the competition. For example, suppose a user placed an order of 100 PGS and 60 PGS was sold/bought, then the remaining 40 PGS will be counted for the competition is 40 PGS.
Buy orders and their annualized rate of return:
Top 1 – 120%
Top 2-5 – 40%
Top 6 -15 – 15%
Top 16-30 – 5%
Sell orders and their annualized rate of return:
Top 1 – 150%
Top 2-5 – 50%
Top 6 -15 – 20%
Top 16-30 – 6%
The orders will be taken a snapshot every 60 seconds. The rewards will be distributed on the next day. The prize pool of this competition is one million RMB. The game will close when the prize is given out or at 19:00 on Oct. 19 if not.
For instance, if a user made a sell order of 100,000 PGS with a price of 0.1USDT. When 60,000 PGS was sold, the part that can be counted for the competition is 40,000 PGS. If that 40,000 PGS remained open for a day, the user will be rewarded with is (40,000 * 0.1USDT)/365 = 16.4283 USDT.
Good luck and happy trading!
Oct. 14, 2019