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MEXC Kickstarter - Vote to Win Free 204,000 Realio Network (RIO) Airdrops!

Dear MEXCers,

MEXC is thrilled to launch another session of Kickstarter, a listing campaign initiated by the project team on MEXC before launch where users can stake tokens and vote to support their favourite project. This event is designed to identify high-quality projects and at the same time, bring airdrop benefits to MEXC users.

 

Presenting the project for this session of Kickstarter,  Realio Network (RIO).

 

About Realio Network (RIO)

$RIO (Realio Network Token) is the native gas and utility token of the Realio Network. The Realio Network is a Cosmos SDK Layer-1 multi-chain Web3 ecosystem focused on the issuance and management of digitally native real-world assets (RWAs). The Network has built-in EVM compatibility and features a native dual-token public Proof-Of-Stake (PoS) consensus mechanism for both Realio’s utility token, $RIO, and its hybrid digital security token, $RST (Realio Security Token). $RIO is a native multi-chain asset that currently exists on the Ethereum, Algorand, and Stellar networks, with a genesis event for native $RIO happening on March 31st, 2023 when the Realio Network launches.

Total Supply: 75,000,000 RIO

Official Website | Block Explorer | Twitter | Discord

 

How to join Kickstarter:

Users can stake MX tokens to participate in voting and stand a chance to win free project airdrops. The maximum amount of MX you can commit depends on the MX balance in your Spot Wallet at the snapshot time (MEXC will take a random snapshot of users’ MX holdings during the snapshot period).

Details are as follows: 

1. Deposit: Opened

2. Registration Eligibility: Hold at least 1,000 MX or more for 5 consecutive days before 2023-03-29 16:00 (UTC)

3. Voting Period: 2023-03-29 22:00 to 2023-03-30 05:50 (UTC)

4. Trading: 2023-03-30 12:00 (UTC)

5. Withdrawal: 2023-03-31 12:00 (UTC)

6. Voting Link: https://www.mexc.com/sun/assessment

7. Airdrop Details: 

  • Reward Pool:  204,000 RIO
  • Price: 0 USDT (Reference Price: $0.220790)

8. Voting Token: MX

9. Requirements: 1,000 ≤ MX ≤ 500,000

10. Rules: The tokens used for voting will be temporarily locked during the event period and will be unlocked within an hour once the event concludes. Users can vote as many times as they wish before the voting period ends.

11. Rewards: The airdrop rewards will be distributed proportionally within an hour according to users’ total votes once the event concludes. 

12. MX locked in Launchpool or Kickstarter during the snapshot period will not affect the snapshot MX holdings.

13. The reward allocation will be distributed in proportion based on your MX holding amount as shown by the table below:

MX Holding Amount MX Multiplier
1,000 ≤ X < 3,000 1
3,000 ≤ X < 5,000 1.05
5,000 ≤ X < 10,000 1.1
10,000 ≤ X < 20,000 1.15
20,000 ≤ X < 100,000 1.2
100,000 ≤ X < 500,000 1.25

Effective committed MX amount of current user = committed MX amount * MX Multiplier

User's rewards = committed MX amount of the current user / committed MX amount of all users * total prize pool

For example, User A participated in Kickstarter Campaign & committed 6000 MX, thus the reward calculation would be:

User A's rewards = (6000 MX*1.1) / 100,000,000 * 204,000 RIO

The more MX you hold, the more airdrop rewards you get!

 

For more details, please visit the Kickstarter page

  

Terms & Conditions:

  1. Market-making & project party account is not eligible to participate in the campaign.
  2. Staked tokens will be refunded once the event concludes. No fees will be required for participation in the Kickstarter event. 
  3. Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible for the rewards.
  4. MEXC has the final interpretation right of this event. 

 

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

27 March 2023