[Airdrop] MEXC Will Launch the Launchpool with krest network (KREST)
Dear MEXCers,
The new session of MEXC Launchpool is now live! MEXC offers users worldwide the chance to participate in free token airdrops from new projects and potentially earn valuable tokens. So don't miss out on this exciting opportunity and be sure to take advantage of the new session of MEXC Launchpool!
The project for this session is krest network (KREST).
Participation link:https://www.mexc.com/Launchpools/assessment
krest network (KREST) Introduction>>>
Token Sale Details:
Token Name: krest network (KREST)
Total Supply: 400,000,000 KREST
Tokens Allocated to MEXC Launchpool: 2,500,000 KREST
Token Sale Format: Airdrops (No asset exchange)
Supported Sessions: MX
How to Participate:
You can commit MX to register for the token allocation.
MEXC will record users' MX holdings for 30 consecutive days. The max amount of MX you can commit depends on the minimum holding of MX in your Spot Wallet over the snapshot period.
Session | Committed Token | Token Allocation | Min. Holding MX Amount consecutive during Snapshot Period | Max. Commitment during Registration Period |
MX | MX | 2,500,000 KREST | 1,000 MX | 500,000 MX |
The timeline is shown below:
Registration Eligibility: Hold at least 1,000 MX or more for 30 consecutive days before 2023-07-27 16:00 (UTC)
Registration Period: 2023-07-28 10:00 - 2023-08-02 10:00 (UTC)
Airdrop Time: 2023-08-02 11:00 (UTC)
KREST/USDT Trading: 2023-08-02 14:00 (UTC)
KREST Deposits: 2023-08-01 14:00 (UTC)
KREST Withdrawal: 2023-08-03 14:00 (UTC)
- The snapshot period will be 30 days prior to the registration time. Click here for more details >>
- During the Snapshot Period, users need to hold at least 1,000 MX tokens for 30 consecutive days, without any day dropping below that amount, in order to participate in the Launchpool campaign on MEXC.
- If your MX position snapshot falls below 1,000 MX on any day within 30 consecutive days, you will become ineligible to participate in the Launchpool event.
- The final committable quantity will be calculated based on the minimum amount of MX held in the user's spot account for 30 consecutive days.
- MEXC will keep record of your MX holdings during the Snapshot Period, and you must meet the minimum holding amount (which is at least 1,000 MX) consecutively during the entire Snapshot Period to be eligible for participation.
- All eligible users can commit using MX during the commitment period. The committed MX will only be used for reward calculation and will not be frozen.
- To participate in the Launchpool event, you must click on the commitment button on the event page during the registration period.
- The reward allocation will be distributed in proportion based on your effective committed MX amount as shown by the table below:
Committed Quantity | Commitment Coefficient |
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 < 50,000 | 1.2 |
50,000 ≤ X < 100,000 | 1.25 |
100,000 ≤ X < 500,000 | 1.3 |
- After successfully participating in this event, you can also participate in the other ongoing Kickstarter and Launchpool events simultaneously.
- MEXC reserves the right to interpret this event at our sole discretion.