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Announcement on Adjustments to the Kickstarter and Launchpool Event Rules (September 30)

Dear MEXCers,
To enhance user experience and encourage more users to participate and receive free airdrops, MEXC will be adjusting the rules for the Kickstarter and Launchpool events starting from September 30, 2024, 16:00 (UTC).

Before Adjustment:
Your reward coefficient is determined by the amount of MX you hold. The specific levels and requirements are as follows:
Level
Requirements (MX Holdings)
Coefficient
V1
1,000 ≤ X < 3,000
x1
V2
3,000 ≤ X < 5,000
x1.05
V3
5,000 ≤ X < 10,000
x1.1
V4
10,000 ≤ X < 20,000
x1.15
V5
20,000 ≤ X < 50,000
x1.2
V6
50,000 ≤ X < 100,000
x1.25
V7
100,000 ≤ X < 500,000
x1.3
After Adjustment:
Your reward coefficient is determined by the number of valid users you invite. The specific levels and requirements are as follows:
Level
Requirements
Coefficient
V1
Hold 1,000 MX for 24H straight
x1
V2
Invite 1 valid user
x1.5
V3
Invite 2 valid users
x1.55
V4
Invite 3 valid users
x1.6
V5
Invite 4 valid users
x1.65
V6
Invite 5 valid users
x1.7
V7
Invite 6 valid users
x1.75

Participation rules details:


  • A valid user is defined as a user who, after registration, accumulates a deposit amount of no less than 100 USDT within 7 days after completing their first deposit and has conducted at least one futures trade (regardless of amount).
  • Deposit activities do not include internal transfers. On-chain deposits, P2P transactions, and fiat purchases all count as deposit activities.
  • To qualify for the event, the user must hold a minimum of ≥1,000 MX for 24 hours straight one day before the event starts.
  • The system will take a snapshot of the number of valid invited users (valid for 30 days) and update the level the following day. Users can check their account level coefficient on the event page.
  • The more valid users a user invites, the higher the corresponding coefficient and the greater the share of the rewards.
  • After the event ends, rewards will be distributed via airdrop to the participating users' spot accounts.

Airdrop Calculation Rules:

Assume that currently, users A and B each hold 1,000 MX for 24 hours and want to participate in Kickstarter events. User A did not invite any valid users, so the corresponding factor is 1. User B invited 1 valid user, so the corresponding factor is 1.5. Therefore:
  • User A's reward = 1,000 * 1 /( 1,000 * 1 + 1,000 * 1.5 )
  • User B's reward = 1,000 * 1.5 /( 1,000 * 1 + 1,000 * 1.5 )

Please note:

  • MEXC reserves the right to revoke the participation eligibility of any participants engaged in fraudulent trading or any activities that may be deemed cheating.
  • MEXC reserves the final interpretation rights for this event.

Click for more event details:

If you have any questions, please feel free to contact online customer service. Thank you for your support!

Enjoy trading on MEXC.
The MEXC Team
September 27, 2024