MEXC Trade Mining - Trade to Mine 31,934,135 KEKCHAIN (KEK)
Dear Users,
To reward the community members for their support, the KEKCHAIN project team will host a Trade Mining event exclusively for MEXC users. There will be a total of 31,934,135 KEK up for grabs!
Event Period: 2022-10-31 16:00 - 2022-11-02 15:59 (UTC)
Rules:
- The total prize pool is distributed equally over each day of the event period.
- Users can trade KEK to share a daily prize pool of 15,967,067.5 KEK in proportion to the total amount of KEK traded for the day.
- 2022-10-31 16:00 - 2022-11-01 15:59: Share from 50% (15,967,067.5 KEK) of the total prize pool
- 2022-11-01 16:00 - 2022-11-02 15:59: Share from the remaining 50% (15,967,067.5 KEK) of the total prize pool
- The effective trading volume will be calculated from 16:00 (UTC) to 15:59 (UTC) daily.
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Rewards will be calculated on a daily basis and issued to the user's account on the following day at 08:00 (UTC).
Daily Reward Calculation:
Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool
For Example:
Suppose User A trades 1,000 KEK for the day, the total trading volume of all participants is 1,000,000 KEK, and the daily prize pool is 15,967,067.5 KEK,
Daily reward for User A = (1,000/1,000,000) * 15,967,067.5 = 15,967.0675 KEK
Terms & Conditions
- Valid Trading Volume = Buys + Sells.
- The maximum reward for each user is 798,353.375 KEK.
- Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual trading fee rate = Individual trading fees generated by trading KEK/Individual trading volumes of KEK)
- This event is limited to master accounts, and not available for sub-accounts.
- Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
- Market makers, API traders, and institutional accounts cannot participate in this event.
- MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
- All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
- MEXC reserves the right to interpret this event at our sole discretion.
Risk Reminders
Users are strongly advised to do their own research before participating. Nothing herein shall be construed as financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.
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Enjoy trading on MEXC.
The MEXC Team
31 October 2022