LBank has opened a new Token Splash promotion built around FONQ, giving spot traders a set of tasks to compete for a share of a 10,000 USDT prize pool. The event, which the exchange says is live now, structures its rewards around three separate ways users can qualify for payouts.
The first tier rewards smaller participants directly: depositing 30 USDT and trading an equivalent 30 USDT of FONQ on the spot market earns a flat 30 FONQ token reward. The second tier is aimed at more active traders, who can trade more than 100 USDT of FONQ on spot markets to become eligible for a share of the broader trading reward pool rather than a fixed payout.
A Third Track for Referrals
LBank's announcement also references a third way to earn through the campaign involving invitations, though the exchange's post was cut off before detailing the specific referral mechanics or reward structure for that track. Referral-based tiers are a standard feature of exchange listing promotions, typically rewarding both the referring user and the new participant for driving deposit and trading volume during the promotional window.
Part of a Broader Listing Push
Token Splash promotions like this one are a recurring format LBank uses around new or recently listed assets, pairing a straightforward deposit-and-trade requirement with a capped prize pool to drive early volume on a specific pair. For FONQ specifically, the structure gives smaller depositors a guaranteed token reward while reserving the larger shared pool for traders willing to commit more capital to the pair during the promotional period.
