MEXC Global, the leading cryptocurrency exchange, has today announced the launch of another session of Kickstarter, a listing campaign designed to identify high-quality projects. The upcoming session will feature FLUUS (FLUUS), a promising project that aims to revolutionize access to Web3 solutions. As part of the campaign, MEXC users can stake their MX tokens and vote to support FLUUS, while also earning a chance to win airdrop rewards.
The voting period for the FLUUS Kickstarter campaign will begin on May 23, 2023, at 10:00 UTC and end on May 24, 2023, at 09:50 UTC. Trading of FLUUS tokens on the MEXC Global platform will commence on May 24, 2023, at 12:00 UTC. To participate in the Kickstarter campaign and have a chance to win free FLUUS tokens, users need to stake MX tokens and meet the following requirements:
- Registration Eligibility: Hold at least 1,000 MX or more for 15 consecutive days before May 22, 2023, at 16:00 UTC. Check more details here.
- Deposit: Users can deposit MX tokens into their Spot Wallet.
- Voting Period: The voting period will take place from May 23, 2023, at 10:00 UTC to May 24, 2023, at 09:50 UTC.
- Estimated Trading: Trading of FLUUS tokens will begin on May 24, 2023, at 12:00 UTC.
- Withdrawal: Users can withdraw their tokens starting from May 25, 2023, at 12:00 UTC.
During the Kickstarter campaign, MEXC Global users can access the voting link at https://www.mexc.com/sun/assessment and use MX tokens for voting. The reward pool for the campaign includes 1,200,000 FLUUS tokens and 20,000 USDT. The price of FLUUS tokens for the campaign is set at 0 USDT, with a reference price of $0.025.
Users can commit a minimum of 1,000 MX and a maximum of 500,000 MX. Successful commitments will be used for reward calculations, and users’ MX tokens will not be frozen. Airdrop rewards will be distributed proportionally based on users’ total votes once the event concludes. The more MX tokens a user holds, the higher their airdrop rewards.
Participants who successfully join the FLUUS Kickstarter campaign will also be eligible to participate in other ongoing MEXC Global Kickstarter and Launchpad events. The allocation of rewards will be based on users’ effective committed MX amount, which is calculated by multiplying the committed MX amount by the Commitment Coefficient.
User rewards will be determined by dividing the committed MX amount of the current user by the total committed MX amount of all users and then multiplying it by the total prize pool. For example, if User A committed 6,000 MX, the reward calculation would be as follows:
User A’s rewards = (6,000 MX * 1.1) / 100,000,000 * 1,200,000 FLUUS.
Making Web3 More Accessible to Millions
FLUUS, founded in March 2022, is a project dedicated to transforming the accessibility of Web3 solutions worldwide. The platform offers various crypto solutions, including fiat/crypto pipelines in developing markets through shared economy principles. FLUUS provides consumer-facing products that simplify the onboarding process to the crypto ecosystem, blurring the lines between traditional and Web3 UX.
The FLUUS ecosystem is designed to maintain and create intrinsic value for the FLUUS token. The model incorporates collateral volume locking and staking rewards mechanisms, which anchor the value of the FLUUS token to real-world cash flows generated by the FLUUS network.
With a total supply of 1 billion FLUUS tokens, FLUUS aims to provide users with a seamless way to buy, sell, and swap cryptocurrencies and tokens. FLUUSPay, the platform’s aggregation engine of solutions, enables businesses to integrate FLUUS into their services, offering fee reductions by staking FLUUS utility tokens and participating in the FLUUS partner DAO.
Retail users can earn real yield by providing liquidity in FLUUS liquidity pools and engaging in actions beneficial to the FLUUS ecosystem while staking FLUUS tokens. Staking rewards are derived from the cash flows generated by FLUUSPay and other FLUUS solutions. FLUUS tokens also serve as collateral and performance guarantees for FLUUS on/off-ramp partners, ensuring trust and facilitating higher transaction volumes and faster processing times.
FLUUS introduces solutions that are currently unavailable in the market, including FLUUS Pay payment methods designed for emerging markets, FLUUSPay’s collateralized network, and FLUUSconnect, a solution utilizing MPC and TSS for secure distributed key generation and signing.
Offering User-friendly Cryptocurrency Services
Established in 2018, MEXC Global is a renowned cryptocurrency exchange known for its high-performance trading engine and mega transaction matching technology. The MEXC Global team comprises early adopters and financial and blockchain technology pioneers. The platform currently serves more than 10 million users across 170 countries and regions.
MEXC Global operates globally and is regulated by esteemed jurisdictions, either directly or through affiliates. The exchange offers localized language support, ensuring seamless trading experiences for users worldwide. With a high-performance trading engine capable of processing 1.4 million transactions per second, MEXC Global prioritizes user security by hosting servers independently across multiple countries, ensuring optimal data integrity and security.
In addition, MEXC experienced rapid growth in 2019, capturing 5% of the global digital asset trading market within a single year. In a recent development, MEXC Global was honored with the prestigious “Best Crypto Exchange Asia” award at the Crypto Expo Dubai held in 2021. This accolade further embellished the remarkable list of accomplishments achieved by the MEXC team.
With over 10 million cryptocurrency traders and an extensive network of MEXC Global partners, the crypto platform guarantees ample liquidity and abundant resources for its users. As MEXC Global continues to expand its reach, it aims to become the go-to platform for both new crypto traders and experienced investors, supporting them in their journey toward financial freedom.
Bringing Exciting Opportunities for Crypto Enthusiasts
The FLUUS Kickstarter listing campaign launch by MEXC Global brings exciting opportunities and benefits to cryptocurrency enthusiasts and investors. This initiative aims to identify high-quality projects while providing airdrop rewards to MEXC users. The campaign offers a transparent and inclusive voting mechanism, where users can commit MX tokens based on their maximum committable quantity.
FLUUS envisions revolutionizing access to Web3 solutions globally. With a focus on facilitating various crypto solutions, FLUUS aims to bridge the gap between traditional and Web3 UX, making it easier for users from all backgrounds to enter the crypto ecosystem. By offering consumer-facing products and leveraging shared economy principles, FLUUS strives to enhance accessibility and promote widespread adoption.
Overall, the FLUUS Kickstarter listing campaign presents a unique opportunity for users to support an innovative project while being rewarded for their participation. As MEXC Global continues to expand its offerings and serve as a trusted platform for traders and investors worldwide, it reinforces its commitment to driving the adoption and growth of the cryptocurrency ecosystem.