Holding MX, the native utility token issued by MEXC, can provide passive income in various ways. What are some of the passive income opportunities for MX token holders?
The most direct way tokens create value comes from the fluctuation in their own prices, and MX is no exception. In the first quarter of 2023, MX saw its highest growth rate, reaching 330%. Long-term MX holders profited from the price surge in the first quarter. The more MX tokens you hold and the lower your average cost is, the more profits you make.
Launchpad is an event where MX holders can earn new token airdrops. Users need to hold at least 1,000 MX to participate in the events. Users who meet the event requirements can commit their MX tokens to all ongoing events by clicking on [Quick Commit] to enable participation.
The MX tokens you commit will not be locked. The system will assign different coefficient levels based on the number of valid users you invite during the event. The higher the coefficient level, the more rewards you can claim.
Note: The participation criteria for different Launchpad events may vary. Please refer to the specific details provided on the registration page of each project for accurate information.
Similar to the Launchpad events, Kickstarter events also require participants to hold at least 1,000 MX tokens. If you meet this requirement, you can commit your MX tokens to all ongoing Kickstarter events with just one click by using [Quick Commit]. After the final settlement, just wait for the rewards to be distributed.
Additionally, many Kickstarter events offer dual token rewards, meaning that by participating, you can receive both the project's token rewards and USDT rewards. Similarly, the MX tokens you commit will not be locked. The more valid users you invite during the event, the higher your commitment coefficient, and the more rewards you can claim. You can participate in both Kickstarter and Launchpad events simultaneously.
Note: The participation criteria for different Kickstarter events may vary. Please refer to the specific details provided on the registration page of each project for accurate information.
Based on the latest data from 24th July - 30th July, if you hold 1,000 MX tokens and participate in both the Launchpad and Kickstarter events, your weekly earnings would be 36.66 USDT. Estimated monthly earnings would be 162.35 USDT, and annual earnings would be 1911.55 USDT.
If you purchased and held 1,000 MX tokens in January, your approximate cost at that time would be around 810 USDT. With your earnings of 1911.55 USDT this year, your return rate for the year would be approximately 236%, calculated as 1911.55 / 810 * 100%.
This calculation only factors in earnings you would have gained from participating in platform events with your 1,000 MX tokens. The MX token's price has experienced a considerable increase so far this year, so your actual profits would be even higher when considering the appreciation of MX tokens.
Invite friends to become MEXC platform users, and for each transaction generated by your invitee, you will receive a certain proportion of commission rewards. The more MX tokens you hold, the higher the rewards you can receive, with a maximum commission of up to 50%.
Commission Percentages for Different Levels of MX Holdings:
If you invited users after 12:00 (UTC) on August 30, 2022 (current rates):
| Referrer Daily MX Holdings | Referrer Commission (%) |
| < 20,000 MX | 30% |
| > 20,000MX | 50% |
If you invited users before 12:00 (UTC) on August 30, 2022:
| Referrer Daily MX Holdings | Referrer Commission (%) |
| < 500 MX | 10% |
| 500-5,000 MX | 20% |
| 5,000-20,000MX | 30% |
| > 20,000MX | 50% |
Spot commission rewards will be distributed after 08:00 (UTC+8) the next day, while futures commission rewards will be distributed after 09:00 (UTC+8) the next day. Actual distribution times may be delayed. Please refer to the actual distribution time on the following day. Commission rewards will be credited to your MEXC spot account, and you can also view your commission history on the MEXC Referral page.