1. What is Launchpool?

MEXC Launchpool provides MX holders with the opportunity to win airdrops of project tokens that are to be initially listed on the platform. Users can participate in this activity by holding MX tokens.

 

2. How to Participate and Boost Your Rewards?

Step 1: Qualify for Participation 

To be eligible, make sure your spot account has held at least 1,000 MX tokens for the 24 hours before 15:59 (UTC) on the day before the event starts. If your holdings fall below 1,000 MX at any time during this period, you will lose your participation eligibility.

Step 2: Commit MX and Calculate Valid Committed Quantity

Once you meet the eligibility requirements, you can commit MX during the event period. The committed MX will be used to calculate rewards and will not be frozen. After the event ends, we will calculate your valid committed quantity based on your actual committed quantity and the level you qualify for. The higher your valid committed quantity, the more rewards you will receive.

Step 3: Invite Valid Invitees to Boost Your Reward Coefficient

By inviting friends to register and complete deposits and futures trading, you can increase your reward coefficient. A valid invitee is defined as follows:

- A valid invitee must register on MEXC using your referral link or code.

- They must accumulate a valid deposit of at least 100 USD (or equivalent cryptocurrency) within 7 days.

- They must transfer assets to their futures account and complete at least one futures trade (both opening and closing a position).

By increasing the number of valid invitees you invite, your reward coefficient grows, and you can claim a larger portion of the total rewards.

Reward Rule: The more MX you commit and the more valid invitees you invite, the higher the rewards you will ultimately receive.

User's Valid Quantity of Committed MX = User's Actual Quantity of Committed MX * Commitment Coefficient

To calculate the reward for User A:

User A's Reward = (User A's Valid Quantity of Committed MX / All Users' Total Valid Quantity of Committed MX) * Total Prize Pool

The more MX you commit and the more friends you invite as valid users, the larger your share of the rewards!

Definition of a valid user:

A valid user = A user who completes their first deposit after registration (internal transfers not counted, but deposits via on-chain, P2P, or fiat are all valid), accumulates deposits of ≥ $100 within 7 days, and completes at least one futures trade.(Must complete the closure of at least one order.)

Note:

The system will take a snapshot of the number of valid invited users (valid for 30 days) and update the level the following day. Users can check their account level coefficient on the event page.

Step 4: Distribute Rewards

The system will distribute rewards to your spot wallet based on the reward allocation rules. 

 

3. How to calculate MX holdings?

The system will calculate the minimum value of snapshots taken in the last 24 hours and use the lowest value among them.

(1) The system will take three random snapshots of your spot wallet throughout the day. The snapshot showing the lowest MX amount will be counted as the minimum snapshotted amount. For example: If the MX amounts snapshotted for the day are 100 MX, 200 MX, and 300 MX, the minimum snapshotted amount for the day will be 100 MX.

(2) Snapshots will end on the day before the activity starts. Statistics are collected according to UTC+8 time zone dates.

 
4. Which account does MX need to be in to participate in Launchpool?

Spot account. MX in other accounts will not be snapshotted.

 
5. How many MX Tokens can an individual user commit?

The minimum amount you can commit is 1,000 MX; the maximum amount you can commit is 500,000.

• If the minimum MX amount in your spot account for the consecutive 24 hours is less than 1,000 MX, the MX amount you can commit will be 0, which means you’re not qualified to participate in Launchpool.
• If the minimum MX amount in your spot account for the consecutive 24 hours is between 1,000 MX and 500,000 MX, the MX amount you can commit will be the minimum MX amount in your spot account during the 24 hours.
• If the minimum MX amount in your spot wallet for the consecutive 24 hours is greater than 500,000 MX, the MX amount you can commit is 500,000 MX.

6. How do I check my Launchpool rewards?

• Based on your committed MX tokens, you can check your estimated rewards and actual rewards on the event page.
• You can go to the reward record page to check your rewards by clicking “Reward History.”

 
7. How do I check the MX amount I committed during the event?

• You can check your committed MX amount on the event page.
• By clicking the “Reward History” on the event page, you can go to the reward record page to check your commitment records.