M-Day 5th Session – ECOC Launching
The 5th Session M-Day program launched by MXC is coming. The project for this session is Ecochain (ECOC). M-Day Program is a series of activities held on MXC Exchange on Monday for mainstream crypto traders/holders. In this session, users with MX and USDT position can enjoy 30%-off price of ECOC.
The format of DRAW is adopted for ECOC token sale. The details are shown below:
I. Eligibility:
First, users shall have certain position of MX and/or USDT as specified in the form below before the draw starting time at 12:00 (UTC+8), April 13.
Second, users shall trade the following mainstream cryptos with aggregate trading volume no less than 5000 USDT 3 days prior to the end of the draw (14:00, Apr 10 – 16:00, Apr 13 (UTC+8). (The mainstream cryptos are limited to BTC, ETH, EOS, BCH, LTC, TRX, XRP, BSV, ETC and DASH against USDT pairs ).
Only users who meet the both the two conditions above are valid for the draw.
In addition, users whose min. position of MX token during 12:00, Apr 12 – 12:00, Apr 13 (UTC+8) meet the requirement specified in the form below can enjoy additional number of tickets.
The details are shown in the form below:
(Note: 1 winning ticket = 1600 ECOC; Holders of both MX and USDT can claim both the tickets distributed to MX holders and USDT holders)
II. Draw time:
12:00 – 16:00 (UTC+8), Apr 13 (Eligible users are able to participate the draw during the period. The ticket number is ranged from 00001 to 99999. Users can claim a number of tickets based on the MX and USDT positions specified in the form above).
III. Draw result
will be released at 18:00 (UTC+8), Apr 13. Participants can visit MXC M-Day page to check whether get the lucky number or not.
IV. Settlement
MX and/or USDT will be used for exchange of the ECOC token the participants have won. The exchange will be made at 19:00 (UTC+8), Apr 13. Therefore, winners shall have enough MX and/or USDT balance (except the pended/frozen MX or USDT) to exchange ECOC token before the time thereof. Otherwise, it will be deemed that the participant gives up the chance by itself.
V. The amount of required amounts
The amount of MX required = ( Number of winning tickets* 1600 ECOC* 0.02996 USDT)/ average price of MX. (1 winning ticket = 1600 ECOC)
The amount of USDT required = Number of winning tickets* 1600 ECOC* 0.02996 USDT
VI. The average price of MX
The average price of MX will be the average closing price from Apr 9 to Apr 12.
VII. Selling price
Sales price of ECOC: 0.02996 USDT (30%-off price)
VIII. Selling amount
Selling amount is 720,000 ECOC.
Join the draw at MXC M-Day
Draw page
Special Bounty:
Join margin trading to enjoy 208,000 ECOC quotas
Activity period: 14:00, Apr 10 – 12:00, Apr 13 (UTC+8)
Rules: Users who trade margin pairs on MXC during the activity period with valid trading volume (Buys Sells) no less than 3000 USDT can enjoy 208,000 ECOC quotas based on the proportion of their trading volume respectively.
Notes:
- User’s USDT position in spot account shall be greater than 500 USDT to be valid for the special bounty. (The position will be recorded by the system at 12:00 (UTC+8), Apr 13).
- Valid users must fill out the form here to represent that you are willing to exchange the 30%-off ECOC by USDT. (The bounty will only be distributed to the valid users who fill out the form).
Form link - Settlement: Since USDT will be used to exhange the ECOC quotas the users have won at 19:00 (UTC+8), Apr 13, winners shall have enough USDT balance in the account before the time thereof. Otherwise it will be deemed that the participant gives up the chance by itself.
Listing Information
- Listing time: 20:00 (UTC+8), Apr 13
- Listing exchange: MXC
- Trading pair: ECOC/USDT
- Deposit and withdrawal time: 20:00 (UTC+8), Apr 14