MEXC Will List Galaxy Finance (GLF) in Innovation Zone and Launch the "Trade Mining" Session
Dear Users,
MEXC will list Galaxy Finance (GLF) in the Innovation Zone and open trading for the GLF/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- GLF/USDT Trading: 10:00 2022-12-16 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To celebrate the launch of GLF on MEXC, the project team will host a Trade Mining event exclusively for MEXC users. There will be a total of 12,000 GLF up for grabs!
Event Period: 2022-12-16 16:00 - 2022-12-18 15:59 (UTC)
Rules:
- The total prize pool is distributed equally over each day of the event period.
- Users can trade GLF to share a daily prize pool of 6,000 GLF in proportion to the total amount of GLF traded for the day.
- 2022-12-16 16:00 - 2022-12-17 15:59: Share 50% (6,000 GLF) of the total prize pool
- 2022-12-17 16:00 - 2022-12-18 15:59: Share from the remaining 50% (6,000 GLF) of the total prize pool
- The effective trading volume will be calculated from 16:00 (UTC) to 15:59 (UTC) daily.
- Rewards will be calculated on a daily basis and issued to the user's account on the following day at 08:00 (UTC).
Daily Reward Calculation:
Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool
For Example:
Suppose User A trades 1,000 GLF for the day, the total trading volume of all participants is 100,000 GLF, and the daily prize pool is 6,000 GLF,
Daily reward for User A = (1,000/100,000) *6,000 GLF = 60 GLF
Terms & Conditions
- Valid Trading Volume = Buys + Sells.
- The daily maximum reward for each user is 300 GLF.
- Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading GLF/Individual trading volumes of GLF)
- This event is limited to master accounts, and not available for sub-accounts.
- Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
- Market makers, API traders, and institutional accounts are unable to participate in this event.
- 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.
- This event was initiated by the GLF team, and the rewards are provided by the project party. All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
- MEXC reserves the right to interpret this event at our sole discretion.
Project Info
(This information is provided by the project team. Strictly for references only.)
Project Name: Galaxy Finance (GLF)
Total Supply: 10,000,000 GLF
Official Website: https://galaxyfinance.io/
Block Explorer (BEP-20): https://bscscan.com/token/0xC8b44fc9e6B8FD806111A04b1f208A0087BAF9b1
Twitter: https://twitter.com/galaxyfinance3
Telegram: https://t.me/galaxyfinance_channel
Facebook:https://www.facebook.com/galaxyfinance.io
Medium: https://medium.com/galaxyfinance_io
Project Brief Introduction:
Galaxy is the first Social Wallet in Web 3.0 sphere with social and educational elements. GLF is the native currency, the main governance token of the platform in the Galaxy Ecosystem.
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.
Find us on
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Telegram: https://t.me/MEXCEnglish
Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.com/invite/4Jrghy7gxs
Instagram: https://www.instagram.com/mexcglobal/
Blog: https://blog.mexc.com/
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Enjoy trading on MEXC.
The MEXC Team
15 December 2022