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MEXC New Futures M-Day Will Launch Trading Round with 138,000 PENDULUM at 06:00, Mar 12 (UTC)

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MEXC Futures

Dear Mexcers,

The Pendulum (PENDULUM) project will be listed soon in M-Day event on MEXC. Trade USDT-M futures to participate in the lucky draw and stand a chance to win PENDULUM. It is simple and hassle-free, everyone is welcome to participate!

 

Presenting the project for this round: Pendulum (PENDULUM)

 

Total prize pool of 138,000 PENDULUM with allocation as follows:

1. Total Prize Pool for Lucky Draw Winners

  • Event prize pool：103,030 PENDULUM
    • The total number of winning tickets: 850 tickets
    • Each winning ticket includes: 121 PENDULUM
  • Extra Lucky Prize Pool: 14,270 PENDULUM

In appreciation of your support, we have added an extra lucky prize pool in addition to the existing lucky draw rewards. Extra Lucky Rewards will be randomly distributed to the winning users. The probability of getting extra Lucky Rewards after winning the lottery is as high as 90%

 

2. Participant Award: 20,700 PENDULUM

Users who didn't win the lucky draw can claim from the participant award pool of remaining tokens in proportion to the number of losing tickets in their possession respectively.

 

The M-Day Process

1. Registration method: this is a registration trading round.

After registration, if you continue to trade during the activity period and the trade conditions meet the rules for the number of lots, then the system will automatically increase the corresponding number of lots. You don't need to register again.

2. Trading Round time: 06:00, Mar 12, 2023 - 06:00, Mar 13, 2023 (UTC)

During the trading round period, users who trade the all USDT-M futures pairs on MEXC prior to the end of the ticket-claim time with minimum futures trading volumes of 30,000 USDT will be eligible for the lucky draw. The larger the trading volume, the more tickets the user can claim.

3. Ticket-claim time: 06:00, Mar 12, 2023 - 06:00, Mar 13, 2023 (UTC)

Please note that the ticket number ranges from 000001 to 999999. Users can draw a number of tickets based on the draw order. Each user can get multiple tickets. The system will allocate tokens based on the time of drawing, and each account will be allocated tickets based on futures trading volumes.

4. Draw results released time: 08:00, Mar 13, 2023 (UTC)

Participants can visit the M-Day page (https://www.mexc.com/futures-mday) to check if they hold any winning tickets.

5. Airdrop time: 09:00, Mar 13, 2023 (UTC)

6. PENDULUM/USDT Spot Trading in Innovation Zone: 10:00, Mar 13, 2023 (UTC)

The details are shown in the form below:

Trading Round（Futures）
Trading Volume  (USDT) Tickets
30,000≤X＜75,000 1
75,000≤X＜120,000 3
120,000≤X＜225,000 5
225,000≤X＜375,000 10
375,000≤X＜525,000 15
525,000≤X＜750,000 20
750,000≤X＜1,050,000 30
1,050,000≤X＜1,350,000 45
1,350,000≤X＜1,650,000 60
1,650,000≤X＜1,950,000 75
1,950,000≤X＜2,250,000 90
2,250,000≤X＜2,550,000 105
2,550,000≤X＜4,500,000 120
4,500,000≤X＜7,500,000 220
≥7,500,000
 380
 
MEXC futures taker fee has been reduced to 0.02%. Trade now to enjoy the deal!

 

Project Info：

(This information is provided by the project team. Strictly for references only.)

Project Name: Pendulum (PENDULUM)

Maximum Total Supply: 160,000,000 PENDULUM

Project Introduction:

Pendulum is an interoperable blockchain that aims to bridge the gap between traditional finance and the DeFi ecosystem. The network leverages a forex-optimized smart contract DeFi network, which allows for the seamless integration of traditional finance services with DeFi applications. 

Official Website | Block Explorer | Twitter | Telegram | Medium | Discord | Whitepaper 

 

Note:

  1. Trading volume = Open Trade + Close Trade (including all USDT-M futures pairs) during the trading round. Only volume of trades with trading fees incurred will be calculated within the event period.
  2. This M-Day event is exclusively for futures trading. Only USDT-M futures trading volume will be counted for this event. The trading volume of other products such as spot and ETF will not be counted.
  3. 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 (If you display any cheating behavior, your rewards will be canceled even if you draw the winning tickets).
  4. MEXC has the final interpretation right of the event.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make its best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent, and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

 

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Enjoy trading on MEXC.

The MEXC Team

10 Mar 2023