Unstable Coin Deploys 3M USDUC to Drive Kraken Volume
Unstable Coin (USDUC), a self-described "reverse stablecoin" designed to embrace price fluctuations, has initiated a promotional giveaway of 3 million USDUC on the Kraken exchange. The campaign, running until February 15, 2025, at 00:00 UTC, is structured to incentivize both social media interaction and direct trading activity for the USDUC/USD pair. This marketing effort supports the project's ambitious goal of capturing 10% of a future trillion-dollar stablecoin market by building a community around its unique volatility-as-a-feature model.
Trading Competition Offers 2M USDUC to Top 5 Traders
The core of the giveaway is a trading competition with a 2 million USDUC prize pool, targeting high-volume market participants. The rewards are heavily concentrated, with the top-ranking trader set to receive 800,000 USDUC. The prize structure for the top five is as follows: 800,000 USDUC for first place, 500,000 for second, 300,000 for third, and 200,000 each for fourth and fifth place. To qualify, traders must register through the official Unstable Finance website and actively trade the USDUC/USD pair on Kraken, with total volume calculated from both buy and sell orders during the competition period.
Social Campaign Allocates 1M USDUC to Over 5,000 Winners
A parallel social media track offers a separate 1 million USDUC prize pool distributed among 5,101 winners, aiming to broaden community reach and brand awareness. This portion of the giveaway includes a grand prize of 100,000 USDUC for one winner, 4,000 USDUC for each of the next 100 winners, and 100 USDUC for 5,000 additional participants. Eligibility for both competition tracks is contingent on having a KYC-verified Kraken account. A key condition requires participants to follow the official Kraken and USDUC accounts on X (formerly Twitter) for 90 days after the event concludes to avoid disqualification from receiving rewards.
