MEXC has announced the launch of a new session of its Kickstarter event, aimed at empowering users to support innovative projects before they hit the market. This pre-listing event allows participants to commit MX tokens to their favorite projects, with the added incentive of receiving free airdrops. The featured project for this session is XEFFY (XEF).
XEFFY introduces itself as a Web3 financial portal that bridges various elements of finance, including real-world assets (RWA), vault strategies, stablecoin utility, and payment infrastructure. Its flagship product, the XAX Vault, focuses on providing users with a stablecoin-based vault strategy experience, with plans to further extend its services into the realms of RWA, stablecoins, and payment solutions. The total supply of XEF is set at 6 billion tokens.
To participate in the Kickstarter event, users must first meet certain eligibility criteria. This includes completing at least one futures trade, regardless of amount or trading pair, and holding a minimum of 5 MX for 24 consecutive hours prior to the specified date. The voting period for this session starts on June 14, 2026, at 03:00 (UTC) and concludes on June 15, 2026, at 02:50 (UTC). Trading for the committed tokens will commence shortly thereafter on June 15, 2026.
Users can also participate in the ongoing Kickstarter and Launchpool events as long as they have successfully completed the current one. The airdrop rewards totaling $30,000 will be distributed based on the ratio of the committed MX against that of all participants within an hour of the event’s conclusion.
The event encourages users to invite others to join, increasing their potential for rewards. A structure of tiers is in place, providing various benefits for inviting others to participate. The more friends a user can successfully bring into the platform, the higher their potential rewards can be.
However, participation comes with predetermined conditions. Specifically, market-making and project party accounts are not permitted to engage in the event, which maintains the integrity of the participants. Additionally, users are cautioned about the risks associated with blockchain projects, including price volatility and regulatory uncertainties.
MEXC has emphasized that it does not offer guarantees or compensation for any investment losses, and participants should conduct thorough research and consult financial advisors before engaging in these investment opportunities. The platform also reserves the right to interpret the rules of the event as it sees fit, further emphasizing the importance of transparency and caution during participation.
