MEXC has announced the launch of a new session of its Kickstarter pre-listing event, allowing users to support compelling projects by committing MX tokens. This innovative initiative aims to spotlight high-quality projects while rewarding participants with free airdrops.
This session features XEFFY (XEF), a Web3 financial platform designed to integrate Real-World Assets (RWA), vault strategies, stablecoin utilities, and payment infrastructure. The project’s flagship product, XAX Vault, offers a unique experience focused on stablecoin-based vault strategies, positioning itself for future expansions into RWA and payment solutions.
Key details of XEFFY (XEF):
- Total Supply: 6,000,000,000 XEF
- Access Information: Users can find more about the token via its official website, contract address, and social media including Twitter and Telegram.
How to Participate
Interested participants can commit MX tokens to get involved with the event and stand a chance to win a share of a $30,000 airdrop:
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Eligibility Requirements:
- Users must have completed at least one Futures trade (of any amount and trading pair).
- Hold a minimum of 5 MX for 24 consecutive hours before the set deadline of June 13, 2026.
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Event Timeline:
- Voting Period: June 14, 2026, at 03:00 UTC to June 15, 2026, at 02:50 UTC.
- Trading Start: June 15, 2026, at 05:00 UTC.
- Withdrawal Start: June 16, 2026, at 05:00 UTC.
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Committing Tokens: Participants can commit based on their maximum allowable quantity, determined by random snapshots of their MX balance. Notably, tokens committed will not be frozen.
Rewards Structure
Participants in the Kickstarter event will receive airdrop rewards distributed based on the ratio of their committed tokens to the total valid tokens committed by all users. A detailed level system exists to boost rewards based on user engagement:
- Level Requirements: Ranging from holding a minimum amount of MX to inviting valid users, each level increases the reward coefficient.
Definition of a Valid User
A valid user is defined as someone who:
- Completes their first deposit after registration (not counting internal transfers).
- Accumulates deposits totaling at least $100 within 7 days.
- Executes at least one futures trade, completing the closure of at least one order.
The platform emphasizes that market-making and project party accounts are not eligible to participate, and no fees will be charged for joining the Kickstarter event. It also cautions users that committing over 100,000 MX across multiple accounts could engage risk control measures.
Risk Disclosure
MEXC underscores the importance of understanding the risks involved in blockchain startups, which may encounter significant operational and regulatory hurdles. Investors are urged to conduct thorough due diligence and consult with professional advisors before making any investment decisions. The extreme volatility of digital assets can lead to significant or total losses, and MEXC does not guarantee any returns on investments.
Participants are encouraged to assess their individual risk tolerance carefully, as MEXC will not be liable for any losses incurred from investments.
