1. What is the Kickstarter event?

The Kickstarter event is an activity initiated during the pre-launch stage of a project where users can vote to support their favorite project on MEXC, which then airdrops its tokens to all successful voting users. This event is designed to identify high-quality projects and at the same time, bring airdrop benefits to MEXC users.

 

2. How to participate?

Step 1: Qualify for participation

You need to ensure that by 23:59 (UTC+8) on the day before the start of the period, your minimum balance in the spot account for the previous 24 consecutive hours is ≥ 1000 MX.

If your MX amount snapshotted in any time within 24 consecutive hours falls below 1,000 MX, you will lose the eligibility to participate in the Kickstarter event.

Step 2: Commit MX Tokens

If you're qualified to participate in the event, you can commit MX tokens within the commitment period. Successful commitments will only be used for reward calculation and your MX will not be frozen.

Step 3: Reward Calculation

When the commitment period ends, the system will calculate rewards for each participant.

You can calculate your valid committed amount according to the commitment coefficient of the tier you are in. The larger your MX commitment, the more rewards you will receive.

* Estimated rewards = Valid committed amount of current users / Valid committed amount of all users * Total prize pool.

* Valid committed amount = Committed amount * Commitment coefficient

Step 4: Reward Distribution

Rewards will be distributed to your spot wallet based on the event rules.

 

3. How to calculate my MX holdings?

The minimum of all MX amounts snapshotted over the consecutive 24 hours will be used in the calculation for MX holdings.

(1) Spot account balance snapshot: Take the smallest amount of the day's snapshots (three random snapshot throughout the day)

For example:

The MX amount in three snapshots of the day are 100 MX, 200 MX, 300 MX - The minimum snapshotted amount is 100 MX of the day

(2) Snapshots will end on the day before the activity starts; Data is collected based on the time zone of UTC+8.

 

4. How to calculate MX amount that I can commit?

The minimum amount you can commit is 1,000 MX; the maximum amount you can commit is 500,000.

1. If the minimum MX amount snapshotted in your spot wallet over the 24 hours falls below 1,000 MX at any time, the MX amount you can commit will be 0. You will not be qualified for Kickstarter.

2. If the minimum MX amount in your spot wallet for the consecutive 24 hours is between 1,000 MX and 500,000 MX, the MX amount you can commit will be the lowest MX amount snapshotted in your spot wallet during the 24 hours.

3. If the minimum MX amount in your spot wallet for the consecutive 24 hours is greater than 500,000 MX, the greatest amount of MX you can commit is 500,000 MX.

 

5. Which wallet does MX need to be in to participate in the activity?

Your MX tokens should only be in your Spot Wallet for eligible snapshot. MX in other wallets will not be snapshotted.

 

6. How can I check the amount I have committed during the event?

(1) You can find your committed MX amount and valid committed amount on the event page;

(2) You can find your commitment history under Event Details - Reward History

 

7. How to check my Kickstarter rewards?

(1) You can check your estimated rewards and actual rewards on the event page based on your committed MX tokens.

(2) To check the details of the actual rewards you received for this event, you can view it under Event Details - Reward History.