M-Day 10th Session — PLT is Launching on 25th July with MXC Global as the main trading platform of DeFi
According to the latest data from DEFIPULSE, the Total Value Locked (TVL) in DeFi has surpassed USD 2.54 billion. TVL has increased by 98.43% compared with the highest value on March 12, or the “Black Thursday”.
DeFi becomes a big hit in the cryptocurrency market. MXC Global becomes the main trading platform of DeFi for its rapid follow-up.
M-Day Program is a series of activities held on MXC Global for mainstream crypto traders/holders. “M” represents mainstream cryptocurrency, Monday and MXC Global.
PlutusDeFi (PLT), the project of M-Day 10th session, is a full-stack DeFi aggregator. MXC Global is the official cooperation platform for PlutusDeFi.
1. Previous M-Day Programs and the Highest Returns of DeFi in MXC Global
For the PlutusDeFi program of the 10th session, uses can claim for lottery from 09:00–17:00 (UTC+8), July 25.
In the previous 10 programs of the former 9 sessions, the top three projects with the highest returns reached 9826.56%, 2144.89% and 416.89% respectively. Other projects’ returns also reached 97.6% — 400%.
According to official PlutusDeFi information, PlutusDeFi is a full-stack DeFi aggregator, plugging in multiple products and DeFi applications into one single platform, focusing on User Experience, Design, Privacy and Anonymity.
According to incomplete statistics, at present, there are at least 34 DeFi projects supported by MXC Global, including both old and newly launched DeFi projects in this year.
After the “Black Thursday” on March 12, most of the old DeFi projects have recovered from the slump, and also rocketed by 95.4% — 1320%.
From March 12 to July 20, the price of LEND (Aave)、RSR (Reserve)、BNT (Bancor)、ZRX (0x)、LINK(ChainLink) in MXC Global surged by 1320%, 600%, 537.9%, 345.45 and 280.8% respectively.
In the past 4 months, MXC Global listed STONK(STONK), OKS (Oikos), DF(dForce Network), BAL(BalancerPool), ALEPH(Aleph.im), DMG (DMG), NEST(NETS Protocol), RUNE(THORChain), UMA (UMA）, AVA (Aava). The highest increase amount after listing reached from 166.6% to 4900%, with 8 of their highest increase amount all above 600%.
For this session, sales amount is 58,000 PLT. The amount of USDT required for exchange of PLT= Number of winning tickets* 100 PLT* 0.25 USDT (1 winning ticket = 100 PLT). Winners can gain at most 20 tickets.
2. How to Participate?
(1) On the website, click “M-Day” on the menu bar of https://www.mxc.com/, then click “Join”.
(2) On the phone App, click “More Activities”, then click “Join”.
Note: ticket-claim can only be done during 09:00–17:00 (UTC+8), July 25.
Draw result will be released at 18:00 (UTC+8), July 25. Participants can visit MXC M-Day page to check the results.
At 19:00 (UTC+8), July 25, the system will automatically deduct USDT from the account of the winner according to the corresponding price.
Therefore, winners shall have enough USDT balance (exclude the pended/frozen USDT) to exchange PLT token before the time thereof. Otherwise, it will be deemed that the participant gives up the chance by itself.
The amount of USDT required for exchange of PLT= Number of winning tickets* 100 PLT* 0.25 USDT (1 winning ticket = 100 PLT).
3. Eligibility
The M-day lottery registration rules have been simplified. Holders of MX token and users of margin trading can participate in the project.
(1) Holders of MX token need to hold no less than the minimum amount of 10,000.
(2) Users who do margin trading on MXC Global in 4 days prior to the end of the ticket-claim time (i.e. 14:00, July 22–17:00, July 25 (UTC+8)) with trading volume no less than 5,000 USDT.
Users are eligible to claim for the lottery if meet anyone of the 2 terms. Users who haven’t got any winning tickets in the draw can share the participation prize pool in proportion to the number of losing tickets respectively.
MX token holders can join the program with almost no-cost. Also, users can choose between MX token and margin trading, which is easier and simpler than before.
4. Procedures
(1) Eligibility: Users can claim a number of tickets based on the MX position or margin trading volume specified in the forms above.
(2) Ticket-claim time: 09:00–17:00 (UTC+8), July 25. (Eligible users can claim the lottery ticket during the period. The ticket number is ranged from 00001 to 99999).
(3) Draw results will be released at 18:00 (UTC+8), July 25. Participants can visit MXC M-Day page to check whether get the lucky number or not.
(4) Settlement: USDT will be used for exchange of the PLT tokens the participants have won. The exchange will be made at 19:00 (UTC+8), July 25. Therefore, winners shall have enough USDT balance (exclude the pended/frozen USDT) to exchange PLT token before the time thereof. Otherwise, it will be deemed that the participant gives up the chance by itself.
The amount of USDT required for exchange of PLT= Number of winning tickets* 100 PLT* 0.25 USDT (1 winning ticket = 100 PLT).
(5) Method: users claim the lottery independently. Once winning the lottery, the system will automatically complete the asset exchange for users. It is deemed to agree to the asset exchange when clicking the “join” button.
Note: Since the project party has not distributed PLT token yet, MXC will distribute the token into the winner’s spot account once the project party completes PLT token distribution.
