MEXC Trade Mining - Trade to Mine 70,000 DUX (DUX)
Dear Users,
To celebrate the launch of DUX on MEXC, the project team will host a Trade Mining event exclusively for MEXC users. There will be a total of 70,000 DUX up for grabs!
Event Period: 2023-1-25 16:00 - 2023-1-27 15:59 (UTC)
Rules:
- The total prize pool is distributed equally over each day of the event period.
- Users can trade DUX to share a daily prize pool of 35,000 DUX in proportion to the total amount of DUX traded for the day.
- 2023-1-25 16:00 - 2023-1-26 15:59: Share 50% (35,000 DUX) of the total prize pool
- 2023-1-26 16:00 - 2023-1-27 15:59: Share from the remaining 50% (35,000 DUX) 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 DUX for the day, the total trading volume of all participants is 100,000 DUX, and the daily prize pool is 35,000 DUX,
Daily reward for User A = (1,000/100,000) *35,000 DUX = 350 DUX
About DUX (DUX)
Dux started in June 2020, focusing on using blockchain infrastructures for better services and products and to provide security in the onboarding of new entrants
The direction of the DUX ecosystem always has the following purpose: Socioeconomic transformation through the generation of distributed income in a context of inclusion and empowerment of users; Facilitating the transition from the Web 2.0 to Web 3.0 economy; Materialization of attractive, safe and profitable business opportunities for all our stakeholders.
With planning focused on generating and creating a profound socioeconomic transformation in LATAM through the technological empowerment of our userbase and the innovations arising from the Web 3.0 economy. Moving towards a Web 3.0 ecosystem in the form of a DAO that directly participates in the safe entry of more than 100 million people into the Web 3.0 ecosystem over the next 10 years.
Maximum Total Supply: 1,000,000,000
Official Website | Block Explorer | Twitter|Telegram | Discord
Terms & Conditions
- Valid Trading Volume = Buys + Sells.
- The daily maximum reward for each user is 1,750 DUX.
- Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading DUX/Individual trading volumes of DUX)
- 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 DUX 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.
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
25 January 2023