Time to WOO!

WOO holders, this is your moment.

For a limited time only, upgrading your WOO holding tier could earn you a share of a $40,000 prize pool! 

No trading required, just level up, lock in your tier and claim your rewards!

Campaign Details

Campaign Period: July 8, 10:00 - July 29, 23:59 (UTC)

Rules & Eligibility

To participate:

• Check your current WOO holding tier
• Increase your holding tier by at least +1 level during the campaign (e.g 0 -> 1, or 1 -> 2)
• To increase your holding tier, simply buy more WOO and hold
• Maintain your new holding tier for a minimum of 7 consecutive days
• Rewards are given based on the highest tier reached and maintained during the event.

• Reward structure:
  • Achieved tier 1: $50 in futures credits
  • Achieved tier 2: $150 in futures credits
  • Achieved tier 3: $500 in futures credits
  • Achieved tier 4: $1,500 in futures credits
  • Achieved tier 5: $3,000 in futures credits

Rewards are distributed on a first-come, first-served basis, based on the system timestamp of successful tier upgrades. If the reward pool is exceeded, users with lower priority may receive no reward.

For example:

If User A upgrades from Tier 1 to Tier 2 on July 3 at 10:01 UTC

And User B upgrades from Tier 2 to Tier 3 on July 3 at 10:05 UTC

→ User A will be prioritized in reward distribution

• 💯 Already maxed out at Tier 5? – Increase your WOO holdings amount by at least 150,000 WOO and hold for 7+ days to receive an extra $500 in futures credits!

• 💎 All legacy Diamond Hands stakers (with max multiplier in the past) will receive 2x the rewards in futures credits for this campaign

• Rewards will be distributed in the form of futures credits and will be airdropped to eligible winners within 14 days after the campaign ends.
  • Futures credits provide a 10% loss coverage
  • Valid for 30 days upon redemption
  • Must be claimed within 14 days of airdrop
  • For more information on the usage of futures credits, please refer to this article

💡 Note on Futures Credits Vouchers:

Futures credits vouchers can be freely used to increase your futures trading margin in both cross and isolated margin. They are non-withdrawable; only profits can be withdrawn. They also come with several conditions, as noted below:

1. Asset requirement criteria

To redeem a futures credits voucher, your current USDT balance must be sufficient to cover the portion of potential losses not protected by the voucher.

Asset requirement = (y/x) - y
Where:

• y = voucher value (e.g $50 in futures credits)
• x = loss coverage ratio (e.g. 50%, or 0.5)
• Asset requirement = your required current USDT balance (excluding unrealized PnL)

Example: For a $30 voucher with 50% loss coverage, your current USDT balance must be at least: (30/0.5) - 30 = 30 → Therefore, you need $30 in your own current funds (USDT) to redeem the voucher.

2. How Loss Coverage Works

Each voucher has a Loss Coverage Ratio (LCR), which refers to the maximum percentage of loss that the voucher can cover.

Example: If your voucher is worth $30 with 50% LCR:

• Loss of $10 → voucher covers $5, remaining voucher balance = $25
• Loss of $60 → voucher covers $30 (max), remaining voucher balance = $0

In all cases, your own funds must cover the rest of the loss.

Terms and conditions

All users and participants of the campaign accept that:

• He/She abides by the WOO X Campaign Terms and Conditions.
• He/She agrees to abide by all campaign rules, including trading volume requirements and participation guidelines. 
• 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
• Please note that WOO X operates on a reverse solicitation basis in the European Union (EU). Users who are residents in the EU may only participate in this campaign on a reverse solicitation basis. WOO X has not advertised this campaign within the EU and has not compensated any affiliate to do so. Any promotion of this campaign by any entity to EU Users is done at such entity’s own volition and not as an agent or affiliate of WOO X.
• 2B and KYB users are not eligible for this campaign. If you are a 2B or institutional user and wish to participate, please contact bd@woo.network for further assistance.
• WOO Ｘ reserves the right to modify, suspend, or terminate the Campaign at any time without prior notice, including adjustments to the campaign timeline and prize distribution.
• Daily snapshots during the campaign are taken at 2359 UTC to record the user's WOO holding tiers and WOO holding amount
• First snapshot is taken at the campaign start time, and last snapshot is taken at campaign end time
• Users are strictly prohibited from manipulating the campaign outcomes. This includes, but is not limited to, registering multiple accounts or engaging in any other fraudulent or inappropriate activity to increase chances of winning. WOO X reserves the right to disqualify any participant found to be engaging in such activities and take further legal action if necessary.
• All references to monetary values and rewards in this campaign are denoted in USDT. The symbol ‘$’ shall be interpreted as USDT throughout the campaign documentation.
• 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.
• WOO X does not provide warranties of any kind regarding the expected outcomes of the Campaign. Participation is at the user’s own risk.
• Participants agree to indemnify and hold harmless WOO X and its affiliates from any claims, damages, losses, or liabilities arising from or related to their participation in the Campaign.
• WOO X reserves the right of final interpretation of all terms and conditions of this campaign. Any decision made by WOO X in relation to this campaign, including but not limited to rule amendments, prize distribution, and eligibility of participants, is final and binding on all participants.
• The content above may be translated into languages other than English. Should there be any inconsistency or conflict, the English version shall prevail.