MXC will support the APENFT (NFT) Airdrop Program for TRON (TRX), BitTorrent (BTT) and JUST (JST) holders. Specific details and timeline are as follows:
1. The snapshots for the airdrop will take place at 12:00:00 (UTC) on the 10th of each month from June 2021 to June 2023. NFT will be airdropped to TRON (TRX), BitTorrent (BTT) and JUST (JST) holders on a monthly basis.
*At the time of snapshot, TRX, BTT and JST tokens that are pending deposit or withdrawal will not count towards your NFT balances. Please ensure you leave sufficient time for deposits and withdrawals to complete prior to the snapshot.
2. MXC will take a snapshot of TRX, BTT and JST tokens held by MXC users at the time mentioned, and will distribute NFT tokens based on the formula as follows:
- NFT claimed by TRX holder = (Amount of TRX held by TRX holder A at the snapshot time / Total amount of TRX held by the exchange at the snapshot time) * Total NFT airdropped to MXC from holding TRX;
- NFT claimed by BTT holder = (Amount of BTT held by BTT holder A at the snapshot time / Total amount of BTT held by the exchange at the snapshot time) * Total NFT airdropped to MXC from holding BTT;
- NFT claimed by JST holder = (Amount of JST held by JST holder A at the snapshot time / Total amount of JST held by the exchange at the snapshot time) * Total NFT airdropped to MXC from holding JST.
3. To be eligible for the NFT airdrop, the minimum holding amount of TRX, BTT and JST held in each user’s MXC account must be at least the specified amount below (excluding those in pending trade orders):
- 100 TRX
- 2,000 BTT
- 100 JST
4. For the first airdrop session, NFT project party will issue a total of 9,999,900,000,000 NFT;
During the next two years after the first snapshot, NFT project party will issue 1,666,650,000,000 NFT every month.
5. In order to support NFT airdrop to TRX, BTT and JST holders, MXC will temporarily suspend margin loan services for TRX/USDT, BTT/USDT and JST/USDT on Margin Trading.
- Margin loan services for TRX, BTT and JST now suspended;
- Traders shall close their respected margin position and return the loans at a proper timing before the time or the system will close it automatically at 10:00 (UTC), June 10;
- Margin services for TRX/USDT, BTT/USDT and JST/USDT will resume at 12:30 (UTC), June 10. No further announcement will be made when it resumes.
6. MXC will distribute the NFT tokens after the project has completed the NFT token distribution to MXC. We will post a further announcement once the distribution to MXC users is completed.
For more information, please refer to APENFT's official announcement: Announcement by APENFT Foundation on Rules of Airdropping APENFT (NFT) to BTC, ETH, TUSD, TRX, BTT and JST Holders
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses.
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The MXC Team,
June 9, 2021