Witness magic as we celebrate MERL's listing on WOO X alongside the upcoming BTC halving event. WOO X has partnered with Merlin Chain to offer a massive $500,000 prize pool in WOO and MERL tokens!
Join us in these 4 simple quests and earn your fair share of the prize pool today.
Listing timeline
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MERL/USDT
- Deposits open: April 17, 8:00 (UTC)
- Trading begins: April 19, 10:00 (UTC) ▶️ Trade MERL/USDT now!
- Withdrawals open: April 20, 10:00 (UTC)
- MERL-PERP - coming soon!
Campaign Overview
Campaign Rules
1. Welcome bonus: First-time traders to share a 500,000 WOO prize pool!
- Activity duration: April 19, 10:00 - May 3, 9:59 (UTC)
- The first 5,000 users who complete their first trade on WOO X with at least $100 in one single MERL/USDT spot trade during the activity duration are eligible to win 100 WOO each.
- Trading volume from sub-accounts will be combined with the main account for the final calculation; each eligible user can only receive a maximum of 100 WOO.
2. Trade to earn: Trade $1,000 MERL to win $50 WOO
- Activity duration: April 19, 10:00 - May 3, 9:59 (UTC)
- The first 1,400 users who complete at least $1,000 in MERL/USDT spot trades on WOO X during the activity duration will be enrolled automatically and are eligible to win $50 WOO each.
- Trading volume from sub-accounts will be combined with the main account for the final calculation; each eligible user can only receive a maximum of $50 WOO.
3. Trading competition: Join to share from a 70,000 MERL prize pool
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Activity duration:
- Pre sign-up: April 19, 9:00 (UTC)
- Phase 1: April 19, 10:00 - April 26, 9:59 (UTC)
- Phase 2: April 26, 10:00 - May 3, 9:59 (UTC)
- The trading competition is divided into 2 phases, each with its own leaderboard ranking as well as trading volume accumulation.
- Both Phase 1 and 2 each have their own 35,000 MERL prize pool.
- Once Phase 1 has ended, Phase 2 will begin. Upon entering Phase 2, the leaderboard rankings, as well as the trader’s individual accumulated trading volume from Phase 1 will be reset.
- The top 100 users with the highest trading volume in MERL trading pairs from each phase (Phase 1 and 2) are eligible to share from the phase’s respective 35,000 MERL prize pool!
- Results on the Leaderboard will be readjusted after the end date of the activity to cater to trading volume requirements.
- Note that the trading volume in MERL-PERP will also be calculated if WOO X successfully lists MERL-PERP during the activity duration.
4. Yield farming: Subscribe to WOO or MERL Earn vaults to farm 50,000 MERL!
- Activity duration: April 19, 10:00 - April 26, 23:59 (UTC), where the subscription window ends on April 25 at 23:59 (UTC).
- Subscribe to MERL yield farming vaults with MERL or WOO to farm yields from a massive 50,000 MERL prize pool. All yields will be distributed in MERL.
- The individual subscription amount is capped at 100,000 MERL and 500,000 WOO per user.
- The displayed APR is only for reference. Each user's estimated APR will be based on their relative subscription amount to the vault. It may differ from the vault's average APR if the daily yield cap is reached.
- Early redemption is not permitted for the Earn Vaults mentioned above for this activity specifically.
- Only users from supported jurisdictions could subscribe to the yield farming vaults, depending on legal and regulatory requirements. To check if your country/region is supported, please visit ▶ List of unsupported countries/regions.
Visit Earn Vault to start farming
Terms and Conditions
All users and participants of the campaign accept that:
- He/She abides by the WOO X Campaign Terms and Conditions.
- All users/participants of the campaign must be registered and successfully KYC’ed to at least level 1 on WOO X before the end of the campaign duration.
- For the campaign calculation, 1 MERL = 1.8 USDT and 1 WOO = 0.3 USDT.
- WOO Ｘ reserves the right to change the above-mentioned timeline at its discretion, in particular, to end the event earlier or later.
- Only 2C users are eligible to participate in the first 3 activities. If you are a 2B or institutional user and wish to participate, please contact bd@woo.network for further assistance.
- For the first 3 activities, all rewards will be distributed within 14 working days after the campaign has ended. If the rewards have not been credited after 14 working days, please contact our 24/7 online Customer Support or email support@woo.network for assistance. In the event of any delay in the rewards distribution, the user may not demand any interest for the duration of the delay.
- Each user is responsible for their own tax settlements resulting from receiving the reward.
For more information, visit our blog article here.