To reward the community members for their support and celebrate the listing, the Age of Zalmoxis team will host a Trade Mining event exclusively for MEXC users. There will be a total of 200,000 KOSON up for grabs!
Event Period: 2022-10-02 16:00 - 2022-10-04 15:59 (UTC)
- The total prize pool is distributed equally over each day of the event period.
- Users can trade KOSON to share a daily prize pool of 100,000 KOSON in proportion to the total amount of KOSON traded for the day.
- 2022-10-02 16:00 - 2022-10-03 15:59: Share from 50% (100,000 KOSON) of total prize pool
- 2022-10-03 16:00 - 2022-10-04 15:59: Share from remaining 50% (100,000 KOSON) of total prize pool
- The daily effective trading volume will be calculated from 16:00:00 (UTC) to 15:59:59 (UTC) of the following day.
- Rewards will be calculated on a daily basis and issued to the user's account on the following day at 08:00 (UTC).
Daily Reward Calculation:
Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool
Suppose User A trades 1,000 KOSON for the day, the total trading volume of all participants is 1,000,000 KOSON, and the daily prize pool is 100,000 KOSON
Daily reward for User A = (1,000/1,000,000) * 100,000 KOSON = 100 KOSON
Terms & Conditions
- Valid Trading Volume = Buys + Sells.
- The maximum daily reward for each user is 5,000 KOSON.
- Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading KOSON/Individual trading volumes of KOSON)
- This event is limited to master accounts, and not available for sub-accounts.
- Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
- Market makers, API traders, and institutional accounts are unable to participate in this event.
- 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.
- This event was initiated by the KOSON team, and the rewards are provided by the project party. All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
- MEXC reserves the right to interpret this event at our sole discretion.
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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The MEXC Team
02 October 2022