The LOOP team will host a Trade Mining event exclusively for MEXC users. There will be a total of 772,000 LOOP up for grabs!
MEXC Trade Mining – Trade to Mine 772,000 LoopNetwork (LOOP)
To reward community members for their support, the LOOP team will host a Trade Mining event exclusively for MEXC users.
A total of 772,000 LOOPs will be drawn.
The promotion runs from 08/27/2022 07:00 PM to 08/29/2022 06:59 PM (UTC).
The total prize pool is distributed equally for each day of the event period.
Users can trade LOOPs to share the daily prize pool of 386,000 LOOPs in proportion to the total LOOP traded per day.
2022-10-27 19:00 – 2022-10-28 18:59: Share from 50% (386,000 LOOP) of the total prize pool
2022-10-28 19:00 – 2022-10-29 18:59: Share of the remaining 50% (386,000 LOOP) of the total prize pool
The effective trading volume will be calculated from 19:00 (UTC) to 18:59 (UTC) daily.
Rewards will be calculated daily and issued to the user’s account the next day at 11:00 (UTC).
Daily reward calculation:
Daily rewards for each user = (daily trading volume of each user / daily trading volume of all users) * daily prize pool
For example: Suppose User A trades 1000 LOOPs per day, the total trading volume of all participants is 1,000,000 LOOPs, and the daily prize pool is 386,000 LOOPs,
Daily reward for user A = (1000/1000000) * 386000 = 386 LOOP
Actual trading volume = buying + selling.
The maximum reward for each user is 25,000 DVRS.
Users can only share rewards if their total trading commission rate is greater than 0.08% (individual trading commission rate = individual trading commission generated when trading DVRS/individual trading volumes DVRS).
This event is only available for main accounts and not available for sub-accounts.
The actual trading volume will be taken into account only for the trading volume accumulated taking into account trading commissions.
Mine 772,000 LoopNetwork (LOOP)
Please check MEXC official website or contact the customer support with regard to the latest information and more accurate details.
MEXC official website is here.
Please click "Introduction of MEXC", if you want to know the details and the company information of MEXC.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...