The 25th Session of the M-Day Program is happening soon. M-Day Program is a series of activities held on MXC Exchange for mainstream crypto traders/holders to participate in to enjoy discounted prices on project tokens. The project for this upcoming M-Day is Kianite (KIAN).
Project Brief Introduction
Kianite is a DeFi protocol ecosystem on the Binance Smart Chain. The core mission of Kianite is to provide DeFi solutions that can be vertically integrated to allow users to maximise their investment.
Kianite can be seen as Vanguard or Russell for the crypto industry we produce indexes with the goal of producing long term investable indexes that maximise the profit of our investors by curating a portfolio of assets who's cryptocurrency is performing well on the market or is the most dominant in their market or whatever other criteria has been chosen to allow their crypto currency into the index.
Kianite will offer a suite of products that will interoperate to allow our users to maximise the interest they can make on their investment thanks to vertical integration.
Token Sale details:
Sale price: 0.11 USDT
Sale quantity: 500,000 KIAN
Eligible participants of the 25th Session M-Day Program will be able to claim tickets to participate in a lucky-draw for a chance at a discounted price on KIAN.
Eligibility Criteria to Participate
Term 1: Major Cryptos (Spot, Margin and Leveraged ETF) Trading Round
Users who trade specific major cryptos on MXC 2 days prior to the end of the ticket-claim time (i.e from 17:00, Apr 15th to 17:00 Apr 17th, UTC+8) with trading volume no less than the minimum amount specified in the form below will be eligible for the lucky-draw. The larger the trading volume, the more tickets the user can claim.
The major crypto trading (including Spot and Margin) pairs for the token sale are:
BTC / USDT, ETH / USDT, DOT / USDT, XRP / USDT, ADA / USDT, LINK / USDT, LTC / USDT, BCH / USDT, XLM / USDT, DOGE / USDT
The leveraged ETFs for the token sale are:
BTC2L/2S, BTC3L/3S, BTC4L/4S, BTC5L/5S, ETH2L/2S, ETH3L/3S, ETH4L/4S, ETH5L/5S, DOT2L/2S, DOT3L/3S, DOT5L/5S, XRP3L/3S, XRP4L/4S, XRP5L/5S, ADA3L/3S, LINK3L/3S, LTC2L/2S, LTC3L/3S, LTC4L/4S, LTC5L/5S, BCH3L/3S, BCH4L/4S, BCH5L/5S, XLM3L/3S, DOGE3L/3S
- Total number of winning tickets: 490
- Each winning ticket includes: 600 KIAN
The details are shown in the table below:
Term 2: USDT Round
Holders of USDT prior to the ticket claim time with a holding amount no less than the minimum amount specified in the form below, will be eligible for the lucky-draw. The larger the holding amount, the more tickets the user can claim.
- Total number of winning tickets: 410
- Each winning ticket includes: 500 KIAN
The details are shown in the table below:
- In order to ensure the fairness of the activity, after the user claims the ticket, the USDT used for the draw will be frozen until the end of the draw. During the freezing period, users cannot trade or withdraw USDT.
- The holdings considered in this session will be limited to the assets available in your spot asset account, excluding assets that may be pending or frozen.
- Terms 1 and 2 are alternatives on an either-or basis, i.e. if a user meets any one of the term’s criteria, he/she will be eligible to claim the lottery tickets.
- Ticket Claims can only be done once per term (1 for Major Cryptos Round, 1 for USDT Round). Please make sure you have hit your desired trading volume before claiming your tickets for each round. Trading volume accumulated after claiming your tickets will not reward additional tickets.
Additional tickets: Participants can also stand to claim additional tickets by holding MX tokens on their spot asset accounts. If the total amount of MX held by the user in the last 24 hours (i.e. 09:00, Apr 16th - 09:00, Apr 17th, UTC+8), meets the requirements of the minimum position specified in the forms, the participant will be able to enjoy additional tickets according to the size of their holding position.
Participation prize: Users who did not receive any winning tickets from the draw will still be able to claim from the participation prize pool of remaining sales token in proportion to the number of losing tickets in possession respectively.
Schedule of Token Sale
Ticket-claim time: 22:00, Apr 16th - 17:00, Apr 17th (UTC+8)
Eligible users can claim the lottery ticket during this period. The ticket number is ranged from 00001 to 99999. Users can claim a number of tickets based on the USDT position or major cryptos trading volume specified in the forms above.
Draw result will be released at 19:00 (UTC+8), April 17th. Please visit MXC M-Day webpage (https://www.mxc.com/mDay/main) to check the winning ticket numbers.
Asset exchange: USDT will be used for the exchange of the KIAN the participants have won. The USDT deduction will be made at 19:30 (UTC+8), April 17th. Therefore, winners shall have sufficient USDT balance (excluding the pending/frozen USDT) in their spot asset accounts to exchange KIAN before the time thereof. If there is an insufficient balance, it will be deemed that the participant has forfeited the exchange tokens won.
The amount of USDT balance required for exchange of KIAN for Major Cryptos Trading Round = Number of winning tickets * 600 KIAN * 0.11 USDT (Each winning ticket = 600 KIAN for Major Cryptos Trading Round)
The amount of USDT balance required for exchange of KIAN for USDT Round = Number of winning tickets * 500 KIAN * 0.11 USDT (Each winning ticket = 500 KIAN for USDT Round)
To protect our users' interest, MXC has rolled out a [Redemption Right] policy for M-Day Participants who decide not to consume their acquired sales tokens.
If the participant does not sell the exchanged sales tokens within 24 hours after the project is listed, the participant may choose to have their assets, previously used for the exchange of sales tokens, returned. In order to do so, the participant must contact our customer support and verify the amount of sales tokens in their possession. Upon confirmation, the initial invested amount will be returned.
Join the draw at MXC M-Day page: https://www.mxc.com/mDay/main
Project name: Kianite (KIAN)
Official website: https://kianite.co/
Contract address: https://bscscan.com/token/0x5ece3f1542c4e1a06767457e4d8286bea772fc41
Whitepaper Link: https://kianite.co/documents/Kianite_community_deck.pdf
Project Token Details
Total supply: 100,000,000 KIAN
Based on ERC20 or not: Not
Private sale: Yes
Private sale quantity: 12,500,000 KIAN
Private sale price: 0.08 USDT
(The information above is provided by the project party, it is for reference only.)
- Trading time: 22:00 (UTC+8), Apr 23rd
- Listing Exchange: Innovation Zone on MXC.COM
- Trading pair: KIAN/USDT
Cryptocurrency is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high quality tokens, but will not be responsible for your investment losses.
Find us on:
MXC trading: https://t.me/MXCtrade
Enjoy trading on MXC.
Apr 15, 2021