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[Airdrop] MEXC Will Launch the Launchpool with LOFI (LOFI)

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MEXC

Dear MEXCer,

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 LOFI (LOFI).

 

Participation link: https://www.mexc.com/Launchpools/assessment

LOFI (LOFI) Introduction>>>

 

Token Sale Details:

  • Token Name: LOFI (LOFI)
  • Total Supply: 10,000,000,000 LOFI 
  • Tokens Allocated to MEXC Launchpool: 20,000,000 LOFI
  • Token Sale Format: Airdrops (No asset exchange) 
  • Supported Sessions: MX

How to Participate:

  • You can commit MX to register to the token allocation.
    MEXC will record users' MX holdings for 15 consecutive days, from 2023-03-15 16:00 - 2023-03-30 15:59 (UTC). 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 20,000,000 LOFI 1,000 MX 300,000 MX

 

The timeline is shown below:

  1. Snapshot Period: 2023-03-15 16:00 - 2023-03-30 15:59 (UTC) 
  2. Registration Period: 2023-03-31 00:00 - 2023-03-31 10:00 (UTC)
  3. Airdrop Time: 2023-03-31 11:00 (UTC)
  4. LOFI/USDT Trading: 2023-03-31 12:00 (UTC)
  5. LOFI deposit: 2023-03-31 12:00 (UTC)
  6. LOFI withdrawal: 2023-04-01 12:00 (UTC)

 

Note:

[Snapshot]

  • During the Snapshot Period, users need to hold at least 1,000 MX tokens for 15 consecutive days, without any day dropping below that amount, in order to participate in the Launchpool campaign on MEXC.
  • The committed amount is in accordance with the minimum MX position in the user's Spot Wallet for 15 consecutive days, and during the Snapshot period [from 2023-03-15 16:00 to 2023-03-30 15:59 (UTC) ] should have at least 1,000MX in Spot Wallet.

Example (For Reference Only): 

Snapshot Period MX Holding Amount Committed Amount
1st-5th day 1,000 1,000 MX
6th-10th day 10,000
11th-15th day 5,000
  • If your MX position drops below 1,000 MX on any single day during Snapshot Period, you may not be eligible to participate in the Launchpool campaign.
  • The max amount of MX you can commit depends on the minimum holding of MX in your Spot Wallet over the snapshot period.
  • 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.
 

[Registration]

  • Registration will open at this time for all eligible users.
  • You must click on the button to commit a certain amount of MX towards the new project during the registration period.
  • Please note that once committed, your MX will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals, or trading until the final settlement of the Airdrop session.

 

Terms & Conditions

  • To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be locked.
  • The locked tokens during the event period will not be withdrawable or traded. Please participate at your own discretion.
  • MX locked in Launchpool or Kickstarter during the snapshot period will not affect the snapshot MX holdings.
  • For the MX session, the calculation of each participant’s final winning token allocation is: (Individual committed MX amount/ Total committed MX amount by all participants) * 20,000,000 LOFI
  • MEXC reserves the right to interpret this event at our sole discretion.

 

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent, and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.

 

 

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Enjoy trading on MEXC.

The MEXC Team

15 March 2023