MXC will list UniLend (UFT) on the innovation board and open trading for the UFT/USDT trading pair. The details are as follows:
Deposit and Withdrawal: Opened
Trading: 20:00 (UTC+8), Oct 18
To celebrate the listing, the project party of UniLend (UFT) will hold a new user airdrop and trading contest with 60,000 UFT Giveaway on MXC. The details are as follows:
Activity Period: 20:00, Oct 18 - 20:00 Oct 22(UTC+8)
Activity Rules and Rewards:
1.New User Airdrop with 15,000 UFT Giveaway.
All users who register for an MXC account during the activity period and trade 1,000 UFT or more (buys & sells) in the UFT trading pair will share a prize pool of 15,000 UFT equally.
2.Trading Contest with 43,000 UFT Giveaway.
Users who trade UFT during the activity period will be ranked based on their trading volume. The top 15 users with the largest trading volume (meeting min. trading volume requirement) can share a super prize pool. Besides, there's a participation prize for UFT traders. The details are as follows:
- Trading Volume = Buys + Sells
- The prize will be distributed to your account within 7 workdays after the promotion ends.
- Users who participate in this activity should complete the KYC verification.
- Users can not get both rewards of activity 1 and 2, if he meets the requirement of both 2, he will get the higher one rewards.
- Wash trading and any cheating conduct are prohibited. Otherwise, MXC has the right to deprive the prize, even freeze the account.
- MXC reserves the right to cancel or amend the promotion and related rules at our sole discretion.
- This event was initiated by the project party, and the rewards are provided by the UFT project party. All participants are deemed to participate voluntarily. The event does not constitute any investment advice.
(The information is from UFT project, it is only for reference.)
Project name:UniLend (UFT)
Official website: https://unilend.finance/
Private Sale Quantity: 2,000,000
Private Sale Price: $0.12
Blockchain explorer: https://etherscan.io/address/0x0202Be363B8a4820f3F4DE7FaF5224fF05943AB1
UniLend is a permission-less decentralized DeFi protocol that combines spot trading services and money markets with lending and borrowing services through smart contracts. In the money markets, the interest rates and collateralization ratio are based on supply, demand, and other market forces and borrowing limits are decided by liquidity in the trading pairs.
The integrated smart contract for both features of the protocol allows both trading & DeFi capabilities to co-exist within the same protocol. This solves the liquidity and liquidation issue which has been limiting the growth of DeFi adoption to a broader market.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high quality coins, but will not be responsible for your investment losses.
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Enjoying your trade on MXC.
The MXC team
October 18, 2020