What is WEEX Launchpool?
WEEX Launchpool is an exciting new opportunity for WEEXers to earn free tokens by holding WEEX WXT. This innovative airdrop event allows participants to effortlessly grow their cryptocurrency portfolios without any additional investment.
How to Participate?
Step 1: Qualify for Participation To qualify, you must hold no less than 1,000 WEEX WXT tokens for 30 consecutive days. If your balance falls below 1,000 WEEX WXT on any day within this period, you will lose eligibility to participate.
Step 2: Commit WEEX WXT Tokens Once qualified, you can commit your WEEX WXT tokens within the commitment period. These tokens will be used for reward calculation, but they will not be frozen.
Step 3: Reward Calculation At the end of the commitment period, the system calculates rewards based on each participant's valid committed amount. The formula is:
- 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 are distributed to your spot wallet according to the event rules.
How to Calculate Your WEEX WXT Holdings?
Your WEEX WXT holdings are calculated based on the minimum amount recorded in three random snapshots taken daily over 30 consecutive days. For example, if your snapshots show 1,000 WEEX WXT, 2,000 WEEX WXT, and 3,000 WEEX WXT, the minimum amount considered will be 1,000 WEEX WXT. Snapshots end the day before the activity starts, based on UTC+8 time zone.
How to Calculate the WEEX WXT Amount You Can Commit?
- Minimum commitment: 1,000 WEEX WXT
- Maximum commitment: 500,000 WEEX WXT
If your minimum WEEX WXT amount during the 30 days falls below 1,000, you cannot commit any WEEX WXT. For balances between 5,000 and 500,000 WEEX WXT, your commit amount is the lowest snapshot value. Balances above 500,000 WEEX WXT allow a maximum commitment of 500,000 WEEX WXT.
Important Details
- Ensure your WEEX WXT tokens are in your Spot Wallet for eligible snapshots. Tokens in other wallets will not be snapshotted.
- Participation in the airdrop project is free and does not incur any trading fees.
- All participants are guaranteed to receive airdrops.
- Launchpool is not "first-come, first-served"; rewards are based on participation ratio.
- No deposit is required.
- Each KYC account can participate once per Launchpool project but can join multiple ongoing projects.
- Airdrop tokens will be distributed before trading begins, and results can be checked on the project page.
Thank you for your support of WEEX!
WEEX Team
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