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Topic: MEXC Will List NFT Index POTATOZ: Join the Trade Mining Session (Read 6 times)

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MEXC is going to list a new NFT Index: POTATOZ in the Innovation Zone in order to address the rising users’ trading demand and to enrich better user experience. Please see below for specific timeline and more detail for this new project launch:

  • Project name: Potatoz
  • Token Ticker: POTATOZ
  • Trading Pair: POTATOZ/USDT
  • Trading Time: 2022-09-14 14:00 (UTC)
  • Spilt Ratio: 1:1,000,000 (1 NFT split into 1,000,000 NFT Index.)

Please note that the price of new listed projects may be volatile, don’t forget to do your own research and be cautious of potential delisting risks of certain projects.

Allocation of the Rewards

2022-09-14 16:00 - 2022-09-15 15:59: Share from 50% (5,000,000 POTATOZ) of total prize pool

2022-09-15 16:00 - 2022-09-16 15:59: Share from the rest 50% (5,000,000 POTATOZ) of total prize pool

Noted: Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool

Rules of the Event

  • Each day of the event's duration sees an equal share of the total prize pool awarded.
  • A daily prize pool of 5,000,000 POTATOZ is available for users to trade for a portion of, according to the total POTATOZ transacted that day.
  • The calculation of the daily effective trading volume will take place from 16:00 (UTC) to 15:59 (UTC) the next day.
  • The following day at 8:00 (UTC), rewards will be calculated daily and added to the user's account.

Please be Aware:

  • Valid Trading Volume = Buys + Sells.
  • The maximum daily reward for each user is 250,000 POTATOZ.
  • Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading POTATOZ/Individual trading volumes of POTATOZ).
  • This event is limited to master accounts, and not available for sub-accounts.
  • Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
  • Market makers, API traders, and institutional accounts are unable to participate in this event.
  • MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
  • MEXC reserves the right to interpret this event at our sole discretion.

Project-Related Information

(This information is sourced from the internet. Strictly for references only.)

Official Website: https://www.memeland.com/

Twitter: https://twitter.com/Memeland

Discord: http://discord.gg/memeland

What Is POTATOZ?

The Potatoz is associated with Memeland, and 9GAG, an old GIF & MEME image website, is the development team behind it. The NFTs that Memeland has currently released include "The Potatoz" and "YOU THE REAL MVP."

How Does NFT Index Work?

  • The well-selected NFT artworks are purchased by MEXC, which divides them into a specific number of pieces before listing the relevant NFT Index.
  • Users who trade the NFT Index can obtain comparable amounts of NFT.
  • Users who acquire a total of 1,000,000 units can get in touch with MEXC each week to redeem a full NFT if MEXC divides a total of 10 NFT artworks into a series of 10,000,000 portioned Index! The redemption occurs later the rarer it is.
  • Once a user exchanges a complete NFT, MEXC will buy a fresh NFT. It will still be split at a ratio of 1:1,000,000 with the newly acquired NFT.
  • No more than 10% of the entire number of the series of NFTs will be owned by MEXC in NFTs.

Please Note:

The project team's tokens have no connection to the NFT Index, which solely links to NFTs.

MEXC does not use any on-chain NFTs; it simply splits the NFTs that were acquired.

We will airdrop tokens for you in equal percentages based on your holdings of the NFT Index after the token airdrops for the NFTs you own have been delivered.

The amount of Potatoz NFTs that MEXC buys and holds will depend on the market's demand. NFTs won't be added separately in the future, it won't be announced. Watch our NFT holding address carefully: https://opensea.io/zh-CN/0x17090813320E4b84e3DE43A277601870d2A0E175

Risk Warning

Investments in cryptocurrencies are prone to significant market risk. Please be cautious when making investments. MEXC Global will use its best judgment to select NFTs of the highest caliber, but is not liable for any investment losses. MEXC upholds the value of honest, transparent, and fair trade with no ulterior motive as a digital asset trading platform that values the community. We are dedicated to making trading in digital assets safer, faster, and more reliable for users.
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