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Explanation for Revised Position Rules of Kickstarter Events

28 marzo 2023

#Kickstarter

<div><div class="ace-line ace-line old-record-id-Y7IudhXYGo94k7xbVVfuo5vgsge">Dear MEXCer,</div><div class="ace-line ace-line old-record-id-Ip8cdAtY3oBF3HxNPhBu4ttssGh">MEXC has updated the statistical logic for MX positions in the Kickstarter events, and the revised position rules will be implemented starting March 28, 2023. Below is the explanation for the revised Kickstarter position rules:</div><div class="ace-line ace-line old-record-id-LK0ydfMNXoD1BpxGTywuC4hcsPe"> </div><div class="ace-line ace-line old-record-id-FBDtdD86So0C77xEcNXudTTHsGe">1. Event Participation Criteria</div><div class="ace-line ace-line old-record-id-SF9ydQN1UoxNCZx2Ti7uTwk9srf">Users must hold a minimum position of at least 1,000 MX in their spot accounts for 15 consecutive days by 15:59 (UTC) of the day before the commitment stage starts to participate in Kickstarter events.</div><div class="ace-line ace-line old-record-id-ZrN3ditonoaABfxaQzguVgrZsxc">Note: If your MX position snapshot on any day during the 15 consecutive days is below 1,000 MX, you might lose your eligibility to participate in Kickstarter.</div><div class="ace-line ace-line old-record-id-DIukdeUhqoBspTx4LLlu9oRCsac"> </div><div class="ace-line ace-line old-record-id-IPxNdlPPBoKzMnxGICquJoUwszf">2. Event Commitment</div><ul class="list-bullet1"><li class="ace-line ace-line old-record-id-XNAed5rKqoAJzax39F5uot5Bszb"><div>All eligible users can commit using MX during the commitment stage. For Kickstarter, the minimum commitment quantity is 1,000 MX, and the maximum commitment quantity is 500,000 MX.</div></li><li class="ace-line ace-line old-record-id-N67rdFr1AotuO6xZ9y1u2yYvsHf"><div>The final committable quantity will be calculated based on the minimum MX position in the user's spot account during the 15 consecutive days.</div></li><li class="ace-line ace-line old-record-id-KdRudqobboSel5xi4xPuKdhUsLf"><div>Successful commitments will only be used for reward calculation and your MX will not be frozen. You can also participate in other ongoing Kickstarter and Launchpool events at the same time.</div></li></ul><div class="ace-line ace-line old-record-id-ADyndBwcio4Nl4xv0s3urccLsqh"> </div><div class="ace-line ace-line old-record-id-QVLddmFNGo5KTOxXJTBu33eZsMd">3. Reward Calculation</div><div class="ace-line ace-line old-record-id-ARvydUMJRoDlKFxVN6XuRf4HsPc">The valid committed quantity is calculated based on the tier system for the revised Kickstarter events. Once your actual committed quantity meets the minimum commitment quantity requirement of the corresponding tier, you can calculate your valid committed quantity based on the commitment coefficient of the corresponding tier. The larger the proportion of your valid committed quantity, the higher the rewards. The coefficients by tier are as follows:</div><div class=" old-record-id-XHTndEiA8oJchOxwMRUuT8dwsMb"><table style="border-collapse:collapse"><colgroup><col width="301" /><col width="459" /></colgroup><tbody><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;font-weight:bold;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">Committed Quantity</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;font-weight:bold;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">Commitment Coefficient</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1,000 ≤ X < 3,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">3,000 ≤ X < 5,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1.05</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">5,000 ≤ X < 10,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1.1</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">10,000 ≤ X < 20,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1.15</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">20,000 ≤ X < 50,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1.2</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">50,000 ≤ X < 100,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1.25</td></tr><tr height="31"><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">100,000 ≤ X < 500,000</td><td style="color:rgb( 51 , 51 , 51 );font-size:12pt;text-align:center;word-wrap:break-word;border-top:1px solid rgb( 204 , 204 , 204 );border-right:1px solid rgb( 204 , 204 , 204 );border-bottom:1px solid rgb( 204 , 204 , 204 );border-left:1px solid rgb( 204 , 204 , 204 )">1.3</td></tr></tbody></table></div><div class="ace-line ace-line old-record-id-FRTEdChMaoTObhxWZqvu6cpgs6g">User's reward = User's valid committed quantity / All users' total committed quantity * Total prize pool,</div><div class="ace-line ace-line old-record-id-Dnf8dq9weoNmTVxR5KeuUZ9csXg">where User's valid committed quantity = User's actual committed quantity * Commitment coefficient of the corresponding tier.</div><div class="ace-line ace-line old-record-id-JVQZd1rvjopM22xU2xruKEqRs9d">E.g. User A makes an actual commitment of 6,000 MX in a Kickstarter event, which means that the user's commitment coefficient is 1.1. The total valid commitment quantity of all users in this event is 1,000,000 MX. Therefore, the calculation of User A's reward is: (6,000 * 1.1) / 1,000,000 * Total prize pool</div><div class="ace-line ace-line old-record-id-WCOvd6URrop6APxVXD1uDssHsDb"> </div><div class="ace-line ace-line old-record-id-TjmKdA3wcojvObx1LkuugXvIsEe">4. Reward Allocation</div><div class="ace-line ace-line old-record-id-TwuEd2gI7opGcDxo5Z1uiRaysRd">We will airdrop the corresponding airdrop rewards to the spot accounts of participating users according to the event rules within 1 hour after the end of the event.</div><div class="ace-line ace-line old-record-id-DlzedSjWcoGBxox2VGRusBqAseg"> </div><div class="ace-line ace-line old-record-id-Jci5d1e1PosmAUxqhH8uqpCksme">For more details, please refer to: <a href="https://www.mexc.com/announcements/article/4404916192281">Kickstarter FAQ</a></div><div class="ace-line ace-line old-record-id-HsqvdWMAPoXHSUx3PYbuo3oEstg">Click to join the event: <a href="https://www.mexc.com/sun/assessment">https://www.mexc.com/sun/assessment</a></div><div class="ace-line ace-line old-record-id-BVIwdSawwomSm4x5jJpu8rensGd">Thank you for your support! MEXC will strive to provide you with better products and higher-quality services!</div><div class="ace-line ace-line old-record-id-ELWadzMsMoGVP1xaw0JuaCuxsLg"> </div><div class="ace-line ace-line old-record-id-CZdqdlHIwo5XTHxfXl3uScx3syb">Find us on</div><div class="ace-line ace-line old-record-id-QyMjd8gbMohHAMxCOCeu6c49svc"><a href="https://twitter.com/MEXC_Official">Twitter</a> |<a href="https://t.me/MEXCEnglish"> Telegram</a> |<a href="https://www.facebook.com/mexcofficial"> Facebook</a> |<a href="https://discord.com/invite/Hs2e93Xav5"> Discord</a>｜<a href="https://www.instagram.com/mexc_official/">Instagram</a>｜<a href="https://blog.mexc.com/">Blog</a> | <a href="https://www.reddit.com/r/MEXC_official/">Reddit</a> | <a href="https://www.youtube.com/@MEXCofficial">YouTube</a></div><div class="ace-line ace-line old-record-id-HWWsdhWXHo0PzQxF6d0ubIRQs3f"> </div><div class="ace-line ace-line old-record-id-UIXjdw2WUosfCFxj9oeu1RtdsmV">Buy USDT Instantly here:<a href="https://otc.mexc.com/"> https://otc.mexc.com/</a></div><div class="ace-line ace-line old-record-id-CQx8dMM52oe2zCxCn4gulZbgsxh"> </div><div class="ace-line ace-line old-record-id-CyBjdtI00oM5lhxw1WUuOkw9s3d">Refer a friend to enjoy a high rebate, create your personalized invitation link today:</div><div class="ace-line ace-line old-record-id-B3SfdgKixoNZZuxYC8wuT6rPs2g"><a href="https://www.mexc.com/invite">https://www.mexc.com/invite</a></div><div class="ace-line ace-line old-record-id-P1lSd6HhBoPlVMxP9Xuu0Nmzs7e"> </div><div class="ace-line ace-line old-record-id-Zl3odK4SPo1xURx4iseuKD2Ashe"> </div><div class="ace-line ace-line old-record-id-QQbWdsEqWo5APjxzASeusOK1sm7">Enjoy trading on MEXC.</div><div class="ace-line ace-line old-record-id-DJGQdP9MxofeGJxJCyZuMvAas3d">The MEXC Team</div><div class="ace-line ace-line old-record-id-KvnxdJUTPo7WBhxe7gbuuovAshh">28 March 2023</div></div>

Voting Result and Listing Arrangement for Kickstarter - Shadowswap Finance (SHDW)

27 marzo 2023

#Kickstarter

Dear MEXCers,The session of Kickstarter for Shadowswap Finance (SHDW) Airdrops has concluded. Users have contributed a total of 36,426,812.90503168 MX to vote for the SHDW listing on MEXC! Airdrop rewards have been distributed to users' accounts. [SHDW Listing Information] <ul style="list-style-type:disc"><li><a href="https://www.mexc.com/assets/deposit?currency=SHDW"></a>Deposit: Opened</li><li>Withdrawal: 2023-03-28 14:00 (UTC)</li><li><a href="https://www.mexc.com/exchange/SHDW_USDT"></a>SHDW/USDT Trading in the Innovation Zone: 2023-03-27 14:00 (UTC)</li></ul>Warning: Prices may fluctuate greatly for projects listed in the Innovation Zone, please be cautious of the risks. Thank you for participating! For more information regarding the Kickstarter event and project introduction of Shadowswap Finance (SHDW), please refer to: <a href="https://support.mexc.com/hc/en-001/articles/16683720221081"></a>MEXC Kickstarter - Vote to Win Free 9,637 Shadowswap Finance (SHDW) Airdrops! <div><div>Risk Warning</div><div> </div><div>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.</div><div> </div></div>Find us on<a href="https://medium.com/mexcglobal">Twitter </a>| <a href="https://t.me/MEXCEnglish">Telegram </a>| <a href="https://medium.com/mexcglobal">Medium </a>| <a href="https://www.facebook.com/mexcglobal">Facebook </a>| <a href="https://discord.com/invite/4Jrghy7gxs">Discord</a>｜<a href="https://www.instagram.com/mexcglobal/">Instagram</a>｜<a href="https://blog.mexc.com/">Blog</a> Buy USDT Instantly here: <a href="https://otc.mexc.com/">https://otc.mexc.com/</a>Refer a friend to enjoy a high rebate, create your personalized invitation link today:<a href="https://www.mexc.com/invite">https://www.mexc.com/invite</a> Enjoy trading on MEXC.The MEXC Team27 March 2023

Voting Result and Listing Arrangement for Kickstarter - Pixer Eternity (PXT)

27 marzo 2023

#Kickstarter

Dear MEXCers,The session of Kickstarter for Pixer Eternity (PXT) Airdrops has concluded. Users have contributed a total of 38,516,990.15938322 MX to vote for the PXT listing on MEXC! Airdrop rewards have been distributed to users' accounts. [PXT Listing Information] <ul style="list-style-type:disc"><li><a href="https://www.mexc.com/assets/deposit?currency=PXT"></a>Deposit: Opened</li><li>Withdrawal: 2023-03-28 08:00 (UTC)</li><li><a href="https://www.mexc.com/exchange/PXT_USDT"></a>PXT/USDT Trading in the Innovation Zone: 2023-03-27 08:00 (UTC)</li></ul>Warning: Prices may fluctuate greatly for projects listed in the Innovation Zone, please be cautious of the risks. Thank you for participating! For more information regarding the Kickstarter event and project introduction of Pixer Eternity (PXT), please refer to: <a href="https://support.mexc.com/hc/en-001/articles/16683849612697"></a>[Initial Listing] MEXC Kickstarter - Vote to Win Free 50,000 Pixer Eternity (PXT) Airdrops! <div>Risk Warning</div><div> </div><div>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.</div><div> </div>Find us on<a href="https://medium.com/mexcglobal">Twitter </a>| <a href="https://t.me/MEXCEnglish">Telegram </a>| <a href="https://medium.com/mexcglobal">Medium </a>| <a href="https://www.facebook.com/mexcglobal">Facebook </a>| <a href="https://discord.com/invite/4Jrghy7gxs">Discord</a>｜<a href="https://www.instagram.com/mexcglobal/">Instagram</a>｜<a href="https://blog.mexc.com/">Blog</a> Buy USDT Instantly here: <a href="https://otc.mexc.com/">https://otc.mexc.com/</a>Refer a friend to enjoy a high rebate, create your personalized invitation link today:<a href="https://www.mexc.com/invite">https://www.mexc.com/invite</a> Enjoy trading on MEXC.The MEXC Team27 March 2023

MEXC Kickstarter - Vote to Win Free 204,000 Realio Network (RIO) Airdrops!

26 marzo 2023

#Kickstarter

Dear MEXCers, MEXC is thrilled to launch another session of Kickstarter, a listing campaign initiated by the project team on MEXC before launch where users can stake tokens and vote to support their favourite project. This event is designed to identify high-quality projects and at the same time, bring airdrop benefits to MEXC users. Presenting the project for this session of Kickstarter, Realio Network (RIO). About Realio Network (RIO) $RIO (Realio Network Token) is the native gas and utility token of the Realio Network. The Realio Network is a Cosmos SDK Layer-1 multi-chain Web3 ecosystem focused on the issuance and management of digitally native real-world assets (RWAs). The Network has built-in EVM compatibility and features a native dual-token public Proof-Of-Stake (PoS) consensus mechanism for both Realio’s utility token, $RIO, and its hybrid digital security token, $RST (Realio Security Token). $RIO is a native multi-chain asset that currently exists on the Ethereum, Algorand, and Stellar networks, with a genesis event for native $RIO happening on March 31st, 2023 when the Realio Network launches. Total Supply: 75,000,000 RIO <a href="https://www.realio.fund/">Official Website</a> |<a href="https://algoexplorer.io/asset/2751733"> Block Explorer</a> |<a href="https://twitter.com/realio_network"> Twitter</a> | <a href="https://discord.com/invite/WhRgHEfDF4">Discord</a> How to join Kickstarter: Users can stake MX tokens to participate in voting and stand a chance to win free project airdrops. The maximum amount of MX you can commit depends on the MX balance in your Spot Wallet at the snapshot time (MEXC will take a random snapshot of users’ MX holdings during the snapshot period). Details are as follows: 1. Deposit: Opened 2. Registration Eligibility: Hold at least 1,000 MX or more for 5 consecutive days before 2023-03-29 16:00 (UTC) 3. Voting Period: 2023-03-29 22:00 to 2023-03-30 05:50 (UTC) 4. Trading: 2023-03-30 12:00 (UTC) 5. Withdrawal: 2023-03-31 12:00 (UTC) 6. Voting Link: <a href="https://www.mexc.com/sun/assessment">https://www.mexc.com/sun/assessment</a> 7. Airdrop Details: <ul><li>Reward Pool: 204,000 RIO </li><li>Price: 0 USDT (Reference Price: $0.220790)</li></ul> 8. Voting Token: MX 9. Requirements: 1,000 ≤ MX ≤ 500,000 10. Rules: The tokens used for voting will be temporarily locked during the event period and will be unlocked within an hour once the event concludes. Users can vote as many times as they wish before the voting period ends. 11. Rewards: The airdrop rewards will be distributed proportionally within an hour according to users’ total votes once the event concludes. 12. MX locked in Launchpool or Kickstarter during the snapshot period will not affect the snapshot MX holdings. 13. The reward allocation will be distributed in proportion based on your MX holding amount as shown by the table below: <div> <table style="width:100%" border="1"><colgroup><col /><col /></colgroup><tbody><tr><td style="text-align:center">MX Holding Amount</td><td style="text-align:center">MX Multiplier</td></tr><tr><td style="text-align:center">1,000 ≤ X < 3,000</td><td style="text-align:center">1</td></tr><tr><td style="text-align:center">3,000 ≤ X < 5,000</td><td style="text-align:center">1.05</td></tr><tr><td style="text-align:center">5,000 ≤ X < 10,000</td><td style="text-align:center">1.1</td></tr><tr><td style="text-align:center">10,000 ≤ X < 20,000</td><td style="text-align:center">1.15</td></tr><tr><td style="text-align:center">20,000 ≤ X < 100,000</td><td style="text-align:center">1.2</td></tr><tr><td style="text-align:center">100,000 ≤ X < 500,000</td><td style="text-align:center">1.25</td></tr></tbody></table> </div> Effective committed MX amount of current user = committed MX amount * MX Multiplier User's rewards = committed MX amount of the current user / committed MX amount of all users * total prize pool For example, User A participated in Kickstarter Campaign & committed 6000 MX, thus the reward calculation would be： User A's rewards = (6000 MX*1.1) / 100,000,000 * 204,000 RIO The more MX you hold, the more airdrop rewards you get! For more details, please visit the<a href="https://www.mexc.com/sun/assessment"> Kickstarter page</a> Terms & Conditions: <ol><li>Market-making & project party account is not eligible to participate in the campaign.</li><li>Staked tokens will be refunded once the event concludes. No fees will be required for participation in the Kickstarter event. </li><li>Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible for the rewards.</li><li>MEXC has the final interpretation right of this event. </li></ol> 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 <a href="https://twitter.com/MEXC_Global">Twitter</a> |<a href="https://t.me/MEXCEnglish"> Telegram</a> |<a href="https://medium.com/mexcglobal"> Medium</a> |<a href="https://www.facebook.com/mexcglobal"> Facebook</a> |<a href="https://discord.com/invite/4Jrghy7gxs"> Discord</a>｜<a href="https://www.instagram.com/mexcglobal/">Instagram</a>｜<a href="https://blog.mexc.com/">Blog</a> |<a href="https://www.reddit.com/r/MEXC_official/"> Reddit</a> |<a href="https://www.youtube.com/c/MEXCGlobal"> YouTube</a> Buy USDT Instantly here: <a href="https://otc.mexc.com/">https://otc.mexc.com/</a> Refer a friend to enjoy a high rebate, create your personalized invitation link today: <a href="https://www.mexc.com/invite">https://www.mexc.com/invite</a> Enjoy trading on MEXC. The MEXC Team 27 March 2023

MEXC Kickstarter - Vote to Win Free 145,500 Hourglass (WAIT) Airdrops!

24 marzo 2023

#Kickstarter

Dear MEXCers, MEXC is thrilled to launch another session of Kickstarter, a listing campaign initiated by the project team on MEXC before launch where users can stake tokens and vote to support their favorite project. This event is designed to identify high-quality projects and at the same time, bring airdrop benefits to MEXC users. Presenting the project for this session of Kickstarter, Hourglass (WAIT). <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304290148082912w5kKFqaqz7z5E.png" alt="Kickstarter-en.png" /> About Hourglass (WAIT) Hourglass is a community-driven, tax-free token with renounced ownership. 100% is circulating. The mission of Hourglass is to elevate Web 3.0 by incubating projects that bridge the crypto space with mainstream entertainment, popular apps, major retail brands, and large-scale real-life events. Hourglass is a partner in producing “The Next Crypto Gem” TV show, which brings the fast-paced world of cryptocurrency to a mainstream television audience for the first time. Total Supply: 100,000,000 WAIT <a href="https://hourglassx.com/">Official Website </a>|<a href="https://etherscan.io/token/0x2559813bbb508c4c79e9ccce4703bcb1f149edd7"> Block Explorer</a> | <a href="https://twitter.com/Hourglass_Wait">Twitter</a> | <a href="https://t.me/hourglass_OfficialChat">Telegram</a> | <a href="https://hourglassx.com/wp-content/uploads/2023/01/HG-WAIT-WhitepaperV2.pdf">Whitepaper</a> How to join Kickstarter: Users can stake MX tokens to participate in voting and stand a chance to win free project airdrops. The maximum amount of MX you can commit depends on the MX balance in your Spot Wallet at the snapshot time (MEXC will take a random snapshot of users’ MX holdings during the snapshot period). Details are as follows: 1. <a href="https://support.mexc.com/hc/en-001/articles/16973927036185">Registration Eligibility</a>: Hold at least 1000 MX or more for 5 consecutive days before 2023-03-28 16:00 (UTC) 2. Voting Period: 2023-03-29 06:00 to 2023-03-29 11:50 (UTC) 3. Estimated Trading: 2023-03-29 15:00 (UTC) 4. Deposit: Opened 5. Voting Link:<a href="https://www.mexc.com/sun/assessment"> https://www.mexc.com/sun/assessment</a> 6. Airdrop Details: <ul><li>Reward Pool: 145,500 WAIT</li><li>Price: 0 USDT (Reference Price: $0.3452)</li></ul> 7. Voting Token: MX 8. Requirements: 1,000 ≤ MX ≤ 500,000 9. Rules: The tokens used for voting will be temporarily locked during the event period and will be unlocked within an hour once the event concludes. Users can vote as many times as they wish before the voting period ends. 10. Rewards: The airdrop rewards will be distributed proportionally within an hour according to users’ total votes once the event concludes. 11. MX locked in Launchpool or Kickstarter during the snapshot period will not affect the snapshot MX holdings. 12. The reward allocation will be distributed in proportion based on your effective committed MX quantity as shown by the table below: <div> <table style="border-collapse:collapse;width:100%;height:154px" border="1"><tbody><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">Committed Quantity</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">Commitment Coefficient</td></tr><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1,000 ≤ X < 3,000</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1</td></tr><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">3,000 ≤ X < 5,000</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1.05</td></tr><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">5,000 ≤ X < 10,000</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1.1</td></tr><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">10,000 ≤ X < 20,000</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1.15</td></tr><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">20,000 ≤ X < 100,000</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1.2</td></tr><tr style="height:22px"><td class="wysiwyg-text-align-center" style="width:50%;height:22px">100,000 ≤ X < 500,000</td><td class="wysiwyg-text-align-center" style="width:50%;height:22px">1.25</td></tr></tbody></table> </div> Effective committed MX amount of current user = committed MX amount * MX Multiplier User's rewards = committed MX amount of the current user / committed MX amount of all users * total prize pool For example, User A participated in Kickstarter Campaign & committed 6000 MX, thus the reward calculation would be： User A's rewards = (6000 MX*1.1) / (100,000,000*1.1) * 145,500 WAIT The more MX you hold, the more airdrop rewards you get! For more details, please visit the<a href="https://www.mexc.com/sun/assessment"> Kickstarter page</a> Terms & Conditions: <ol><li>Market-making & project party account is not eligible to participate in the campaign.</li><li>Staked tokens will be refunded once the event concludes. No fees will be required for participation in the Kickstarter event. </li><li>Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible for the rewards.</li><li>MEXC has the final interpretation right of this event. </li></ol> 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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