Dear Users:
The new M-Day Program will be launching on MEXC Exchange soon. The M-Day Program provides users worldwide with a low-cost opportunity to invest early in project tokens.
The project for this session is Sonar Watch (Sonar).
Project Brief Introduction
SonarWatch is the most accurate tracking tool on Solana with 15+ protocols and 600+ pools and farms tracked. It allows you to display your NFT collection with a floor valuation, look up for the top gainers of the ecosystem, manage all your addresses at once and track all your assets easily.
Sonar Token Sale Details:
Token Name: Sonar Watch (Sonar)
Total Token Supply: 100,000,000 Sonar
Total Tokens Allocated to MEXC Mday : 1,500,000 Sonar
Public Sale Token Price: 1 Sonar = 0.2 USDT
Eligibility Criteria to Participate
Term 1: Trading Round
Users who trade the specific cryptos (Spot & ETF & Margin) on MEXC 3 days prior to the end of the ticket-claim time (i.e from 11.19 7:00-11.22 7:00 (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, BTS, RVN, WOO, ARPA, MINA, ORN, PINK, QUICK, FORM, EPK, BZZ, SKILL, BORING, C98, ALICE, LUNA, RUNE, AAVE, SNX, FTT, CAKE, SLP, SUSHI, AGLD, EDEN, ATLAS, AVXL, BABY, BANANA, CW, DXL, DYDX, GEL, LZ, MAKI, PHM, POLIS, QRDO, REI, RIN, SBR, SUNNY, SWP, THEOS, USDP, WEMIX, WNCH, XCAD, YAG, LARIX, PRT, ORCA, HCT, DERI, SYN, BRIGHT, MCASH, PAC, GRO, YAY, UFO, VOX, SPELL, PKEX, SRP, GDC, MRFI, RBN, MOOV, FLOKI, TFI, HCT, DSG, INSTA, VEX, KOL, BIN, KWT, OHM, UM, STARL, MDF, AAA, OPUL, STRP, FODL, GEMG, NFS, MOVD, DFI, MAT, ADS, SIN, MONI, BNPL, EVRY, SSV, ZHT, GOLD, BHO, REF, UFARM, BDX, CELT, NINJA, SPS, WARENA, PLUT, CKB, HT, IRIS, DCR, BNB, ZRX, ALPACA, IOTX, AXS, TRIBE, YGG, UST, RAY, MINA, EPK, BZZ, SKILL, BORING, C98, ALICE, LUNA, RUNE, AAVE, FTT, CAKE, SUSHI, AGLD, EDEN, ATLAS, AVXL, BABY, DYDX, GEL, WNCG, OCT, CHESS, FLOW, RARI, QRDO, TOKAU, BETA, KISHU, BNX, OKB, CTSI, RACA, NU, BIT, KLAY, ATA, AUDIO, MASK, CELO
Ticket Information:
- A total number of winning tickets: 1700
- Each winning ticket includes: 300
The details are shown in the form below:
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: 2800
- Each winning ticket includes: 300
The details are shown in the form below:
The process of Lucky draw
1. Ticket-claim time: 11.22 0:00-7:00(UTC)
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 MX Position and trading volume.
2. Draw results will be released at 8:00, November 22 (UTC). Participants can visit the MEXC Mday page to check if they are holding on to any winning tickets.
3. Settlement time: MX will be used for the exchange of the sonar token that the participants have won. The system will deduct the MX from the winners' account at 9:00, November 22 2021 (UTC). Therefore, winners shall have enough MX balance (except the frozen MX) to exchange Sonar tokens before the specified time. Otherwise, it will be deemed that the participant voluntarily forfeits participation rights.
The amount of MX to be deducted= (Number of winning tickets *Sonar*0.2USDT) / MX average price
The average price of MX will be the average closing price from November 17, based on the UTC+8 timezone, to November 21.
4. Draw method: Users draw independently and win the lot randomly. After the user wins, the system will automatically complete the asset exchange.
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.
5. During the deduction, users who have an insufficient MX balance in their spot wallet will have their participation deemed forfeited.
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 Sonar M-Day Lucky-Draw Event will receive 10 USDT Futures Bonus.
(Please note that 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.
Project Info
Project Name: SonarWatch
Official Website: https://sonar.watch
Blockchain Explorer (will be upgraded to Substrate Based Assets before the listing): https://explorer.solana.com/address/sonarX4VtVkQemriJeLm6CKeW3GDMyiBnnAEMw1MRAE
Twitter: https://twitter.com/Sonarwatch
Telegram: https://t.me/Sonar_Watch
Medium: https://sonarwatch.medium.com/
Discord: https://discord.gg/sonarwatch
* The information above is provided by the project party, strictly for reference only.
Listing Information
- Estimated trading time: 2021-11-22 10:00 (UTC)
- Listing Exchange: MEXC.COM
- Trading pair: SONAR/USDT in the Innovation Zone
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global 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
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
Instagram: https://www.instagram.com/mexcglobal/
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Enjoy trading on MEXC.
The MEXC Team
16 November 2021
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