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MEXC New Futures M-Day Will Launch Trading Round with $30,000 Futures Bonus and 2,424,242 EQ Extra Lucky Prize Pool at 06:00, Mar 06 (UTC)

Dear MEXCer,

Futures M-Dday will be launching the Future Bonus Session. Trade USDT-M futures to participate in the lucky draw and stand a chance to win Futures Bonus. It is simple and hassle-free, everyone is welcome to participate!

 

Presenting the project for this round: Futures Bonus

 

Total prize pool of 2,424,242 EQ and 30,000 USDT futures bonus with the allocation as follows:

1. Total Prize Pool for Lucky Draw Winners

  • Event Prize Pool: 23,800 USDT futures bonus
    • The total number of winning tickets: 850 tickets
    • The reward for each winning ticket: 28 USDT futures bonus
  • Extra Lucky Prize Pool: 2,424,242 EQ

In appreciation of your support, we have added an extra lucky prize pool in addition to the existing lucky draw rewards. The extra lucky rewards will be randomly distributed to the winning users. The chances of getting the extra lucky rewards after winning the lucky draw is as high as 90%.

2. Participant Award: 6,200 USDT futures bonus

Users who didn't win the lucky draw can claim from the participant award pool of remaining tokens in proportion to the number of non-winning tickets in their possession respectively.

 

Reward Distribution:

The rewards will be distributed to your account within 24 hours after the event concludes.
1. The lucky draw reward and extra lucky reward (if applicable) will be distributed to your account separately.
2. If the reward consists of a spot reward, it will be airdropped to your spot account. You may go to Wallets - History - Others to check it.
3. If the reward consists of futures bonus reward, it will be airdropped directly to your futures account with a 14-day validity. You may check it in your futures account. For more information on how to use the bonus, refer to this announcement.
4. Reward history is currently unavailable on the original M-Day event info page.

 

The M-Day Process

1. Registration Method: Registration is required for this trading round.

After registration, if you continue to trade during the event period and meet the trading volume criteria for a higher number of tickets, the system will automatically allocate the additional tickets to you. You do not need to register again.

2. Trading Round: 06:00, Mar 06, 2023 - 06:00, Mar 07, 2023 (UTC)

During the trading round, users who trade any USDT-M futures trading pair on MEXC prior to the end of the ticket claim period with a minimum futures trading volume of 30,000 USDT will be eligible for the lucky draw. The larger the trading volume, the more tickets the user can claim.

3. Ticket Claim Period: 06:00, Mar 06, 2023 - 06:00, Mar 07, 2023 (UTC)

Please note that the ticket number ranges from 000001 to 999999. Users can claim a number of tickets based on the claim order. Each user can get multiple tickets. The system will allocate the tokens based on the time of drawing, and each account will be allocated tickets based on futures trading volume.

4. Draw Results Release: 08:00, Mar 07, 2023 (UTC)

Participants can visit the M-Day page (https://www.mexc.com/futures-mday) to check if they hold any winning tickets.

5. EQ/USDT Spot Trading in Innovation Zone: 14:00, Mar 09, 2023 (UTC)

The details are shown in the form below:

Trading Round(Futures)
Trading Volume  (USDT) Tickets
30,000≤X<75,000 1
75,000≤X<120,000 3
120,000≤X<225,000 5
225,000≤X<375,000 10
375,000≤X<525,000 15
525,000≤X<750,000 20
750,000≤X<1,050,000 30
1,050,000≤X<1,350,000 45
1,350,000≤X<1,650,000 60
1,650,000≤X<1,950,000 75
1,950,000≤X<2,250,000 90
2,250,000≤X<2,550,000 105
2,550,000≤X<4,500,000 120
4,500,000≤X<7,500,000 220
≥7,500,000
380

 

Project Info

(This information is provided by the project team. Strictly for references only.)

Project Name: Equilibrium (EQ)

Maximum Total Supply: 12,000,000,000 EQ

Project Introduction:

Equilibrium is a one-stop DeFi platform on Polkadot that allows for high leverage in trading and borrowing digital assets. It combines a full-fledged money market with an orderbook-based DEX.

 

Note:

  1. Trading volume = Open Trade + Close Trade (including all USDT-M futures pairs) during the trading round. The only volume of trades with trading fees incurred will be calculated within the event period.
  2. This M-Day event is exclusively for futures trading. Only USDT-M futures trading volume will be counted for this event. The trading volume of other products such as spot and ETF will not be counted.
  3. 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 (If you display any cheating behavior, your rewards will be canceled even if you draw the winning tickets).
  4. MEXC has the final interpretation right of the event.

 

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make its 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 a service that is safer, more efficient, and more reliable for the trading of digital assets.

 

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Enjoy trading on MEXC.

The MEXC Team

05 March 2023