The New M-Day 7th Session - Project Larix (LARIX) is launching

Dear Users:

The new M-Day Program will be launching on MEXC Exchange soon. The M-Day Program is an event held exclusively on MEXC Exchange for mainstream crypto traders/holders to participate in and enjoy project token airdrops.

To express gratitude for MEXC users' support, MEXC has decided to listen to the community's feedback & present to you a whole new M-Day Program! Users who meet the requirements can now obtain project tokens via airdrops without going through the asset exchange process. Simple and hassle-free, you’re welcome to participate!

The project for this upcoming M-Day is Project Larix (LARIX).

 

Project Brief Introduction

Larix adopted a dynamic interest rate model and created capital-efficient risk management pools, as such a broad selection of collateral types can be fully utilized in a safe way. Furthermore, the LARIX token, based on a delicately designed token economy, enables continuous incentive allocation to boost real demands.

Eligible participants of the New Session M-Day Program will be able to claim tickets to participate in a lucky-draw for a chance at free LARIX airdrops.

 

Token Airdrop Details:

Airdrop Quantity: 10,666,666 LARIX

 

Eligibility Criteria to Participate

Term 1: Trading Round

Users who trade the specific cryptos (Spot & ETF & Margin) on MEXC 2 days prior to the end of the ticket-claim time (i.e from 13:00, Sept 14 to 13:00 Sept 16 UTC) with trading volume no less than the minimum amount specified in the form below will be eligible for the lucky-draw. The larger the trading volume, the more tickets the user can claim.

The eligible pairs for Trading Round are (including Spot & ETF & Margin):

MX, BTC, ETH, EOS, BCH, LTC, TRX, XRP, BSV, ETC, ADA, DASH, NEO, LINK, QTUM, DOT, VET, XLM, XTZ, ZEC, SNT, JST, OMG, ATOM, VSYS, ONG, AE, SUSHI, BTS, RVN, WOO, ARPA, CKB, HT, IRIS, DCR, BNB, RIF, ZRX, BEAM, ALPACA, IOTX, AXS, TRIBE, YGG, UST, RAY, MINA, ORN, PINK, QUICK, FORM, EPK, BZZ, SKILL, BORING, C98, ALICE, LUNA, RUNE, AAVE, SNX, FTT, CAKE, SLP, AGLD, EDEN 

Ticket Information:

  • A total number of winning tickets: 2,500
  • Each winning ticket includes: 3,000

The details are shown in the form below:

mceclip0.png

 

Term 2: MX Holding Round

Holders of MX during the ticket claim time with a holding amount no less than the minimum amount specified in the form below, will be eligible for the lucky-draw. The larger the holding amount, the more tickets the user can claim. 

Ticket Information:

  • A total number of winning tickets: 660
  • Each winning ticket includes: 3,000

The details are shown in the form below: 

mceclip1.png

 

Note: 

1. In order to ensure the fairness of the activity, after the user claims the ticket, the MX used for the draw will be frozen until the end of the draw. During the freezing period, users cannot trade or withdraw MX. 

2. The holdings considered in this session will be limited to the assets available in your spot asset account, excluding assets that may be pending or frozen. 

3. Terms 1 and 2 are alternatives on an either-or basis, i.e. if a user meets any one of the term’s criteria, he/she will be eligible to claim the lottery tickets.

4. Ticket Claims can only be done once per term (1 for Major Cryptos Round, 1 for MX Holding Round). Please make sure you have hit your desired trading volume before claiming your tickets for each round. Trading volume accumulated after claiming your tickets will not reward additional tickets.

Participation prize: Users who did not receive any winning tickets from the draw will still be able to claim from the participation prize pool of remaining sales tokens in proportion to the number of losing tickets in possession respectively.

Extra Benefit: All eligible participants of the Larix M-Day Lucky-Draw Event will receive 10 USDT Futures Bonus.
(Note: Users must open their Futures account before the rewards are sent out, otherwise you may not be able to claim it. For Futures bonus guide click here)

Note: Users are required to complete KYC verification in order to join the ticket claim. 

 

How does the new M-Day work?

Users will be given a choice to claim the tickets and it will be based on a lucky draw basis. MEXC will announce the draw results after the event ends and airdrop corresponding LARIX to the winning users.

1. Eligibility: Users' eligibility will be decided based on MX holding positions during the ticket claim period and total trading volume of specific spot & ETF & Margin trading within 13:00, Sept 14 to 13:00 Sept 16 UTC.

2. Ticket Claim time: 04:00, Sept 16 to 13:00, Sept 16 (UTC)

3. Draw results will be released at 15:00, Sept 16 (UTC). Please visit the MEXC M-Day webpage (https://www.mexc.com/mday) to check the winning ticket numbers.

4. LARIX Airdrop: LARIX airdrops will be distributed around 03:00, Sept 17 (UTC) to users who hold winning tickets.

 

Project Info

Project Name: Project Larix (LARIX)

Official Website: https://projectlarix.com

Blockchain Explorer: https://solscan.io/token/Lrxqnh6ZHKbGy3dcrCED43nsoLkM1LTzU2jRfWe8qUC

Twitter: https://twitter.com/ProjectLarix

Telegram: https://t.me/projectlarix

Discord: https://discord.com/invite/hfnRFV9Ngt

Medium: https://projectlarix.medium.com/

Whitepaper: https://docs.projectlarix.com

 

Project Token Details

Total Supply: 10,000,000,000 LARIX

Private sale: Yes

Private sale quantity:

Seed Round: 15m-0.6m; Private1: 30m-0.8m; Private2: 50m, 0.55m

 

Token Allocation:

Type

Percentage

Amount

Mining & Reward Pool

55%

5.5 Billion

Investors

15%

1.5 Billion

Team

10%

1 Billion

Treasury & Eco-Build

15%

1.5 Billion

Marketing & Ops

5%

0.5 Billion

 

The information above is provided by the project party, strictly for reference only.

 

Listing Information 

1. Trading time: 2021-09-17 04:00 (UTC)

2. Listing Exchange: MEXC.COM

3. Trading pair: LARIX/USDT in the Innovation Zone

 

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make 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.

 

Find us on:

Medium: https://medium.com/mexcglobal  

Telegram: https://t.me/MEXCEnglish  

MEXC trading: https://t.me/MEXCTradeofficial  

Twitter: https://twitter.com/MEXC_Global  

https://twitter.com/MEXC_Fans  

Facebook: https://www.facebook.com/mexcglobal  

Discord: https://discord.gg/zu5drS8  

Instagram: https://www.instagram.com/mexcglobal/ 

 

Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite  

 

Enjoy trading on MEXC.

MEXC Team

2021-09-15

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