MEXC New Futures M-Day Will Launch Trading Round with $30,000 Futures Bonus and 1,526 ARCH Extra Lucky Prize Pool at 06:00, Mar 22 (UTC)

MEXC Futures

2023-03-21

Dear MEXCers,

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 30,000 USDT futures bonus and 1,526 ARCH 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: 1,526 ARCH

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.

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 22, 2023 - 06:00, Mar 23, 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 22, 2023 - 06:00, Mar 23, 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 23, 2023 (UTC)

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

5. Airdrop time: 09:00, Mar 23, 2023 (UTC)

6. ARCH/USDT Spot Trading in Innovation Zone: 10:00, Mar 24, 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

MEXC futures taker fee has been reduced to 0.02%. Trade now to enjoy the deal!

Project Info：

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

Project Name: Archimedes Finance (ARCH)

Max Supply: 100,000,000 ARCH

Project Introduction:

Archimedes is an experimental lending and borrowing platform. We build it on top of AMMs such as Curve. We enable: (1) Lenders (Liquidity Providers) to earn sustainable higher APYs (2) Borrowers (Leverage Takers) to earn up to 10x yield of what yield-bearing stablecoins such as OUSD offer. Liquidity Providers provide assets to Archimedes 3CRV/lvUSD pools and receive interest. The protocol pays interest in different assets, such as ARCH tokens and stablecoins.

Note:

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.
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.
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).
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

21 March 2023

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