MCDEX Trading Mining Program Round 1

Published on: 19.09.2021
MCDEX Trading Mining Program Round 1

MCDEX announced that the trading mining program will be live shortly to attract more traders to test V3 Beta.

🔹Trading Mining

  • Duration — The program will start on UTC 1pm, Sep. 16th, and will last until all the incentives are depleted
  • They will rebate 120% of the transaction fees paid by traders. For instance, If you pay $10 transaction fees, you will receive $12 worth of MCB as rebate

🔹Incentives Distribution

The daily cutoff is set at 6:00 pm UTC and users will receive their incentives between 6:00 am and 9:00 am UTC on the next day.

Price of $MCB used: TWAP price of $MCB in Uniswap V3 for the past 1 hour prior to trade

🔹No Wash Trading

🔹Trade at your own risk

About MCDEX

MCDEX is the first fully-permissionless DEX for trading perpetual contracts, powered by MCDEX’s revolutionary AMM technology.

📰 INFO

https://mcdex.medium.com/trading-mining-program-round-1-6e1520eee510

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