Launchpool: Latest Updates and Official MX Exclusives Announcements

Dear MEXCers, The new session of MEXC Launchpool is now live! MEXC offers users worldwide the chance to participate in free token airdrops from new projects and potentially earn valuable tokens. So don't miss out on this exciting opportunity and be sure to take advantage of the new session of MEXC Launchpool! The project for this session is LSDerivatives (LSDS). Participation link:<a href="https://www.mexc.com/Launchpools/assessment"> https://www.mexc.com/Launchpools/assessment</a> <a href="https://support.mexc.com/hc/en-001/articles/16710242070809" target="_self" rel="noopener noreferrer">LSDerivatives (LSDS) Introduction>>></a> Token Sale Details: <ul><li>Token Name: LSDerivatives (LSDS)</li><li>Total Supply: 4,200,000 LSDS </li><li>Tokens Allocated to MEXC Launchpool: 72,000 LSDS</li><li>Token Sale Format: Airdrops (No asset exchange) </li><li>Supported Sessions: MX</li></ul> How to Participate: <ul><li> You can commit MX to register to the token allocation. MEXC will record users' MX holdings for 15 consecutive days, from 2023-03-21 16:00 - 2023-04-05 15:59 (UTC). The max amount of MX you can commit depends on the minimum holding of MX in your Spot Wallet over the snapshot period.</li></ul> <table style="border-collapse:collapse;width:114.277%" border="1"><tbody><tr><td class="wysiwyg-text-align-center" style="width:9.28571%">Session</td><td class="wysiwyg-text-align-center" style="width:12.7143%"> Committed Token </td><td class="wysiwyg-text-align-center" style="width:15.9141%"> Token Allocation </td><td class="wysiwyg-text-align-center" style="width:35.4609%">Min. Holding MX Amount consecutive during Snapshot Period</td><td class="wysiwyg-text-align-center" style="width:41.2235%">Max. Commitment during Registration Period</td></tr><tr><td class="wysiwyg-text-align-center" style="width:9.28571%">MX </td><td class="wysiwyg-text-align-center" style="width:12.7143%">MX</td><td class="wysiwyg-text-align-center" style="width:15.9141%">72,000 LSDS </td><td class="wysiwyg-text-align-center" style="width:35.4609%">1,000 MX</td><td class="wysiwyg-text-align-center" style="width:41.2235%">500,000 MX</td></tr></tbody></table> The timeline is shown below: <ol><li>Snapshot Period: 2023-03-21 16:00 - 2023-04-05 15:59 (UTC) </li><li>Registration Period: 2023-04-06 10:00 - 2023-04-07 10:00 (UTC)</li><li>Airdrop Time: 2023-04-07 11:00 (UTC)</li><li>LSDS/USDT Trading: 2023-04-07 12:00 (UTC)</li><li>LSDS deposits: 2023-04-07 12:00 (UTC)</li><li>Withdrawal: 2022-04-08 12:00 (UTC)</li></ol> Note: [Snapshot] <ul><li>During the Snapshot Period, users need to hold at least 1,000 MX tokens for 15 consecutive days, without any day dropping below that amount, in order to participate in the Launchpool campaign on MEXC.</li><li> The committed amount is in accordance with the minimum MX position in the user's Spot Wallet for 15 consecutive days, and during the Snapshot period [from 2023-03-21 16:00 to 2023-04-05 15:59 (UTC) ] should have at least 1,000MX in Spot Wallet. </li></ul> Example (For Reference Only): <table style="border-collapse:collapse;width:100%" border="1"><tbody><tr><td style="text-align:center;width:29.7143%">Snapshot Period</td><td style="text-align:center;width:35.4286%">MX Holding Amount</td><td style="text-align:center;width:34.7143%">Committed Amount</td></tr><tr><td style="text-align:center;width:29.7143%">1st-5th day</td><td style="text-align:center;width:35.4286%">1,000</td><td style="text-align:center;width:34.7143%" rowspan="3">1,000 MX</td></tr><tr><td style="text-align:center;width:29.7143%">6th-10th day</td><td style="text-align:center;width:35.4286%">10,000</td></tr><tr><td style="text-align:center;width:29.7143%">11th-15th day</td><td style="text-align:center;width:35.4286%">5,000</td></tr></tbody></table> <ul><li>If your MX position drops below 1,000 MX on any single day during Snapshot Period, you may not be eligible to participate in the Launchpool campaign.</li><li>The max amount of MX you can commit depends on the minimum holding of MX in your Spot Wallet over the snapshot period.</li><li> MEXC will keep record of your MX holdings during the Snapshot Period, and you must meet the minimum holding amount (which is at least 1,000 MX) consecutively during the entire Snapshot Period to be eligible for participation.</li></ul> [Registration] <ul><li>Registration will open at this time for all eligible users.</li><li>You must click on the button to commit a certain amount of MX towards the new project during the registration period.</li><li>Please note that once committed, your MX will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals, or trading until the final settlement of the Airdrop session. </li></ul> Terms & Conditions <ul><li>To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be locked. The locked tokens during the event period will not be withdrawable or traded. Please participate at your own discretion.</li><li>For the MX session, the calculation of each participant’s final winning token allocation is: (Individual committed MX amount/ Total committed MX amount by all participants) * 72,000 LSDS</li><li> <div> <div class="message-container"> <div id="7212623844140384261" class="js-message-item message-item message-not-self message-item-first message-is-p2p message-me-read text-message"> <div class="message-right"> <div class="message-section"> <div id="animation-anchor-7212623844140384261" class="MessageContextMenuTrigger MessageContextMenuTrigger--scene-chat message-section-left message-section-newFileCard"> <div class="undefined MessageActionPermissionWrapper"> <div class="message-content-container"> <div class="catch-resize-observer-dom message-content"> <div class="message-text MessageActionPermissionWrapper"> <div class="limit-height-container"> <div> <div class="wrapper"> <div> <div class="richTextContainer">MX locked in Launchpool or Kickstarter during the snapshot period will not affect the snapshot MX holdings.</div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </li><li>MEXC reserves the right to interpret this event at our sole discretion.</li></ul> Risk Warning 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. 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> 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 21 March 2023

#Launchpool

Dear users, The 3rd session MEXC Launchpool for Dtravel (TRVL) has concluded. Airdrop rewards have been distributed to users' accounts. [TRVL Listing Information] <ol><li>Deposit & Withdrawal: Opened</li><li>TRVL/USDT Trading in the Innovation Zone: 2021-11-26 13:00 (UTC) </li></ol> 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 Launchpool event and project introduction of TRVL, please refer to: <a href="https://support.mexc.com/hc/en-001/articles/4409853397785">MEXC Will Launch the Third Session of Launchpool with Dtravel (TRVL)</a> Follow us on socials: Medium: <a href="https://medium.com/mexcglobal">https://medium.com/mexcglobal</a> Telegram: <a href="https://t.me/MEXCEnglish">https://t.me/MEXCEnglish</a> MEXC trading: <a href="https://t.me/MEXCTradeofficial">https://t.me/MEXCTradeofficial</a> Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a> <a href="https://twitter.com/MEXC_Fans">https://twitter.com/MEXC_Fans</a> Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a> Discord: <a href="https://discord.gg/zu5drS8">https://discord.gg/zu5drS8</a> Instagram: <a href="https://www.instagram.com/mexcglobal/">https://www.instagram.com/mexcglobal/</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 25 November 2021

#Launchpool

Dear Users: The 3rd session MEXC Launchpool is launching! Unique space for potential future, exclusively for MX holders. The project for this session is Dtravel (TRVL). MEXC Launchpool provides users worldwide with a low-cost opportunity to invest early in project tokens. MEXC will record user MX holding amount for 4 days, from 2021-11-19 16:00 (UTC) to 2021-11-23 15:59 (UTC). Participation link for TRVL: MEXC Launchpool：<a href="https://www.mexc.com/Launchpools/assessment">https://www.mexc.com/Launchpools/assessment</a> Dtravel Token Sale Details: <ul><li style="font-weight:400">Token Name: Dtravel (TRVL)</li><li style="font-weight:400"> Total Token Supply: 1,000,000,000 TRVL </li><li style="font-weight:400"> Total Tokens Allocated to MEXC Launchpool: 4,000,000 TRVL </li><li style="font-weight:400">Public Sale Token Price: 1 TRVL= 0.09 USDT</li><li style="font-weight:400">Token Sale Format: Subscription</li><li style="font-weight:400">Supported Sessions: MEXC only</li><li style="font-weight:400">Requirement: Minimum 100 MX holding amount during snapshot period</li></ul> Subscription Timeline: <ul><li style="font-weight:400"> MX Position Period 2021-11-19 16:00 (UTC) to 2021-11-23 15:59 (UTC) How daily position is calculated: Daily average position = Sum on smallest positions held on X days/X days </li><li style="font-weight:400"> Subscription Period 2021-11-24 06:00 (UTC) to 2021-11-25 05:59 (UTC): Subscription will open at this time for all eligible users for a 24 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their MX. You must click on the button to commit a certain amount of MX towards the new project during this subscription period. The max amount of MX you can commit depends on the daily average MX balance in your Spot Account over the 5-day snapshot period. </li><li style="font-weight:400">The initial rough calculation of each participant’s final token allocation is: Individual committed MX / Total committed MX by all participants) * Total TRVL tokens to be sold on Launchpool.</li><li style="font-weight:400">The amount of MX to be deducted= (participant’s final token allocation *TRVL*0.09USDT) / MX average price</li><li style="font-weight:400"> <div class="p-rich_text_section">The average price of MX will be the average closing price from November 20, based on the UTC+8 time zone, to November 23.</div> </li></ul> Please note that once committed, your MX will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution. <ul><li style="font-weight:400">Distribution Period 2021-11-25 8:00 (UTC): token allocation calculation begins.</li><li style="font-weight:400">TRVL/USDT Trading: 13:00, November 26 (UTC)</li></ul> Project Introduction Dtravel is a decentralized, global home sharing community that facilitates accommodation discovery, bookings and payments, with lower fees than other home sharing platforms. Community members are able to make and receive payments with traditional currencies and popular cryptocurrencies, including the utility token that powers Dtravel: TRVL. But we’re much more than just a home sharing platform. Dtravel is a decentralized autonomous organization (DAO): a community-owned and governed ecosystem that operates for the benefit of its community members, composed of hosts, guests, contributors and TRVL token holders. The TRVL token represents stakeholder membership in the Dtravel DAO and enables participation in governance and voting activities that influence how the Dtravel platform is managed. We believe that platforms facilitating bookings between property hosts and guests should be more than a place that just enables transactions. We want to provide a community where all members are owners and truly have an opportunity to voice their preferences, vote on decisions, and contribute directly toward the growth and success of the entire ecosystem. After all, who better to make these decisions and have ownership than those using the platform? Using the power of Web 3.0 technologies, Dtravel aims to bring decentralization to the home sharing economy through the Dtravel DAO and TRVL token. Project Highlights <ul><li>Dtravel is a decentralized and community-owned home-sharing marketplace</li><li>Leveraging blockchain technology, Dtravel offers substantially lower fees than other booking platforms and accepts cryptocurrency payments</li><li>Advised and led by former executives from Airbnb, Expedia, Cardano and others, Dtravel has raised more than $7M from top-tier VCs.</li><li>The TRVL token is the native token of Dtravel, powering its self-driving economy. It derives its utility from 4 purposes: Travel, Loyalty, Protection and Governance</li><li>Dtravel has already secured 200K+ listings within 30 days of launching its site</li><li>Dtravel is already live for bookings - <a href="http://www.dtravel.com">www.dtravel.com</a></li></ul> Project Links Project name: Dtravel (TRVL) Twitter: <a href="https://twitter.com/dtraveldao">https://twitter.com/dtraveldao</a> Telegram: <a href="https://t.me/dtravelcommunity">https://t.me/dtravelcommunity</a> Telegram announcements: <a href="https://t.me/dtravelannouncements">https://t.me/dtravelannouncements</a> Medium: <a href="https://medium.com/dtravel-community">https://medium.com/dtravel-community</a> Whitepaper :<a href="https://whitepaper.dtravel.com/">https://whitepaper.dtravel.com</a> Website: <a href="http://www.dtravel.com">www.dtravel.com</a> Token Allocation: <table style="height:280px" border="1" width="618"><tbody><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Type </td><td class="wysiwyg-text-align-center" style="width:177.609px"> Percentage </td><td class="wysiwyg-text-align-center" style="width:133.484px"> Amount </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Community Treasury </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 25.0% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 250,000,000 </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Community Growth Fund </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 25.0% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 250,000,000 </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Foundation Reserve </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 20.0% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 200,000,000 </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Core Contributors and Advisors </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 10.5% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 105,000,000 </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Seed Sale </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 10.0% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 100,000,000 </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Strategic Sale I </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 7.0% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 70,000,000 </td></tr><tr><td class="wysiwyg-text-align-center" style="width:272.906px"> Strategic Sale II </td><td class="wysiwyg-text-align-center" style="width:177.609px"> 2.5% </td><td class="wysiwyg-text-align-center" style="width:133.484px"> 25,000,000 </td></tr></tbody></table> Terms & Conditions 1. To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be frozen. The MX that is frozen during the event period will not be withdrawable or traded. Please participate at your own discretion. 2. Users must complete KYC to participate in this event. 3. MEXC reserves the right to interpret this event at our sole discretion. 4. The sale of tokens is not available to persons in the U.S. (as defined by Regulation S under the Securities Act of 1933), or to persons located in a sanctioned country as provided by OFAC. 5. Special Reward: 500 users who participated in this session of Launchpool will be selected at random to receive a 10 USDT Futures Bonus, the rewards shall be airdropped to the respective winners within 7 working days upon the completion of this event. (Note: Users must open their Futures Account before the event ends to be eligible to receive the Futures Bonus reward.) 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. Follow us on our socials: Medium:<a href="https://medium.com/mexcglobal"> https://medium.com/mexcglobal</a> Telegram:<a href="https://t.me/MEXCEnglish"> https://t.me/MEXCEnglish</a> MEXC trading:<a href="https://t.me/MEXCTradeofficial"> https://t.me/MEXCTradeofficial</a> Twitter:<a href="https://twitter.com/MEXC_Global"> https://twitter.com/MEXC_Global</a> <a href="https://twitter.com/MEXC_Fans">https://twitter.com/MEXC_Fans</a> Facebook:<a href="https://www.facebook.com/mexcglobal"> https://www.facebook.com/mexcglobal</a> Discord:<a href="https://discord.gg/zu5drS8"> https://discord.gg/zu5drS8</a> Instagram:<a href="https://www.instagram.com/mexcglobal"> https://www.instagram.com/mexcglobal</a> Refer a friend to enjoy 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, 18 November 2021

#Launchpool

Dear users, To give thanks to the RLY community, MEXC will launch the 95th "MX DeFi'' Session to enable mining on RLY tokens from November 11 to November 15. Throughout the campaign, users can stake MX and BIT to earn liquidity yield on RLY. The staking period will last 5 days. Details are as follows: 1. Campaign start time: 2021-11-11 02:00 (UTC) 2. Staking period: 2021-11-11 02:00 - 2021-11-15 16:00 (UTC) 3. The total yield pool includes 90,000 RLY tokens. Hard cap and allocation details to each staking crypto asset are as follows: MX: no hard cap; a total of 54,000 RLY liquidity yield (60% of the yield pool) BIT: no hard cap; a total of 36,000 RLY liquidity yield (40% of the yield pool) 4. Ways to participate: a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine RLY” to join b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine RLY” to join 5. Liquidity yield calculation (daily): User’s daily yield amount = (User’s staking value / total staking value) * Yield supply of the day For example: Suppose user A stakes 10,000 MX to earn RLY, the yield supply of T day is 10,800 RLY for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of: (10,000 / 500,000) * 10,800 RLY = 216 RLY Note: <ol><li> Minimum Entry Requirement: 10 MX and 5 BIT respectively;</li><li> If a user joins staking on day T, he/she can unlock the stake token on day T+1;</li><li> The yield is calculated daily, and will be distributed to the user's account on the next day.</li></ol> Risk Warning Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange 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: <a href="https://medium.com/mexcglobal">https://medium.com/mexcglobal</a> Telegram: <a href="https://t.me/MEXCEnglish">https://t.me/MEXCEnglish</a> MEXC trading: <a href="https://t.me/MEXCTradeofficial">https://t.me/MEXCTradeofficial</a> Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a> <a href="https://twitter.com/MEXC_Fans">https://twitter.com/MEXC_Fans</a> Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a> Discord: <a href="https://discord.gg/zu5drS8">https://discord.gg/zu5drS8</a> Instagram: <a href="https://www.instagram.com/mexcglobal/">https://www.instagram.com/mexcglobal/ </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 10 November 2021

#Launchpool

Dear Users: The 2nd session MEXC Launchpool is launching! Unique space for potential future, exclusively for MX holders. The project for this session is Genopets (GENE). MEXC Launchpool provides users worldwide with a low-cost opportunity to invest early in project tokens. MEXC Launchpool, exclusively for MX Holders. Participation link for GENE: MEXC Launchpool：<a href="https://www.mexc.com/Launchpools/assessment">https://www.mexc.com/Launchpools/assessment</a> Project Introduction Genopets is a Free-to-Play, Move-to-Earn NFT game on Solana that makes it fun and profitable to live an active lifestyle. Genopets combines user's step data from their mobile device and wearables with blockchain Play-to-Earn economics so players can earn crypto for taking action in real life as they explore the Genoverse evolving and battling their Genopet. Project Highlights <ul><li style="font-weight:400">Genopets is pioneering a new category of gaming "Move-to-Earn” that combines the best parts of Free-to-Play mobile gaming with blockchain’s Play-to-Earn.</li><li style="font-weight:400">Genopets is a revolutionary innovation that binds people’s wellbeing to blockchain through gaming and NFTs. The platform connects a gamer’s real-world steps with their progression, customization, and value creation in the Genopet universe.</li><li style="font-weight:400"> Genopets has raised an $8.3 million seed round led by Konvoy Ventures and Pantera Capital. Notable angel investors from the crypto, gaming, and fitness world also participated. </li></ul> Project Links Project name: Genopets (GENE) Official website: <a href="https://www.genopets.me/">https://www.genopets.me/</a> Total Supply: 100,000,000 GENE Twitter:<a href="https://twitter.com/genopets"> https://twitter.com/genopets</a> Telegram: <a href="https://t.me/Genopets">https://t.me/Genopets</a> Discord: <a href="https://discord.com/invite/genopets">https://discord.gg/genopets</a> Reddit: <a href="https://www.reddit.com/r/genopets/">https://www.reddit.com/r/genopets/</a> Medium: <a href="https://medium.com/@genopets">https://medium.com/@genopets</a> <a href="https://docsend.com/view/b9bqd2j78nekzdgr">Whitepaper</a> Total Supply and Token Allocation <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428231852383upAQ333LGOdMK1.png" alt="mceclip4.png" /> MEXC will list Genopets (GENE) in the Innovation Zone and open trading for the GENE/USDT trading pair. The specific timeline is shown below. <ul><li style="font-weight:400">GENE/USDT Trading: 12:00, November 18 (UTC)</li></ul> Launchpool Timeline for GENE MX Position Snapshots 16:00, November 11 - 15:59, November 16 (UTC) Note: The “Warming up” period will be used to explain the rules on participating in the MEXC Launchpool activity. During the holding period, MEXC will take snapshots at random moments over each day, users can increase their MX holdings to acquire more lots. At the same time, should a user decrease their MX holdings, it may decrease the amount of potential rewards. Lucky Draw In this session of MEXC Launchpool, a Lucky Draw format will be adopted. MEXC will count the MX tokens in your exchange account (both locked and available) to calculate the average daily MX position. The specific timings and details are as follows: <ol><li> Lucky draw time: 8:00AM UTC on Nov. 17, 2021 to 7:59AM UTC on Nov. 18, 2021</li><li> Lucky draw result announcement: 10:00AM UTC on Nov. 18, 2021 </li><li> Asset Deduction Time: 11:00AM UTC on Nov. 18, 2021</li><li> The token price and quantity for this activity: </li></ol> Token activity quantity: 250,000GENE The sale price: 0.80 USDT <ol start="5"><li> User’s average lowest MX token holding amount is used to determine how many tickets a user can get. Snapshots will be taken randomly multiple times over each day. The details are below:</li></ol> Token allocation per ticket: 250 GENE Total number of tickets: 1000 How daily position is calculated: Daily average position = Sum on smallest positions held on X days/X days <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304282318537191PlTaNfG5LroTf.png" alt="mceclip1.png" /> The process of Lucky draw: <ol><li> Eligibility for draw: This lucky draw will be set up based on a MX holding round. Users who hold MX for 5 days before the day of the draw (16:00 November 11 - 15:59 November 16 (UTC)) are able to win up to tickets if they meet the corresponding requirements. </li></ol> <ol start="2"><li> Ticket-claim time: 8:00AM UTC on Nov. 17, 2021 to 7:59AM UTC on Nov. 18, 2021 </li></ol> Please note that the ticket number ranges from 00001 to 99999. Users can draw a number of tickets based on the draw order. Each user can get multiple tickets. The system will allocate based on the time of drawing, and each account will be allocated tickets based on the average lowest amount of MX holding in the 5 days. <ol start="3"><li> Draw results will be released at 10:00, November 18 (UTC). Participants can visit the MEXC Launchpool page to check if they are holding on to any winning tickets. </li></ol> <ol start="4"><li> Settlement time: MX will be used for the exchange of the GENE token that the participants have won. The system will deduct the MX from the winners' account at11:00, November 18 2021 (UTC). Therefore, winners shall have enough MX balance (except the frozen MX) to exchange GENE tokens before the specified time. Otherwise, it will be deemed that the participant voluntarily forfeits participation rights. </li></ol> <ul><li style="font-weight:400">The amount of MX to be deducted for MX Round= (Number of winning tickets *GENE*0.8USDT) / MX average price</li></ul> The average price of MX will be the average closing price from November 12, based on the UTC+8 timezone, to November 16. <ol start="5"><li> Draw method: Users draw independently and win the lot randomly. After the user wins, the system will automatically complete the asset exchange. Click the "Draw" button to agree to the asset exchange. </li></ol> How to participate: Lucky draw - Register to participate in the lucky draw. If you win the tickets, the system will automatically deduct your assets and distribute tokens in accordance with the rules. Join ticket-claim at: MEXC Launchpool: <a href="https://www.mexc.com/Launchpools/assessment">https://www.mexc.com/Launchpools/assessment</a> Terms & Conditions <ol><li> To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be frozen. The MX that is frozen during the event period will not be withdrawable or traded. Please participate at your own discretion.</li><li> Users must complete KYC to participate in this event.</li><li> MEXC reserves the right to interpret this event at our sole discretion.</li><li> The sale of tokens is not available to persons in the U.S. (as defined by Regulation S under the Securities Act of 1933), or to persons located in a sanctioned country as provided by OFAC.</li><li> Special Reward: 500 users who participated in this session of Launchpool will be selected at random to receive a 10 USDT Futures Bonus, the rewards shall be airdropped to the respective winners within 7 working days upon the completion of this event. (Note: Users must open their Futures Account before the event ends to be eligible to receive the Futures Bonus reward.) </li><li>The sale of tokens is not available to persons in the U.S. (as defined by Regulation S under the Securities Act of 1933), or to persons located in a sanctioned country as provided by OFAC.</li></ol> 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. The sale of tokens is not available to persons in the U.S. (as defined by Regulation S under the Securities Act of 1933), or to persons located in a sanctioned country as provided by OFAC. 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