Highlight Release – 12:00:00 on September 2, 2022 (UTC): KuCoin will release the Pre-Highlight Token Sale
KuCoin will probably be launching the 24th Highlight token sale with Mechaverse (MC) on September 5, 2022 (UTC). The MC token sale will function the usage of the proportional distribution type.
Learn more about Mechaverse (MC)
Highlight Token Sale Main points:
- Token Title: Mechaverse (MC)
- Highlight Laborious Cap: 600,000 USD
- Highlight Allocation: 6,000,000 MC
- Highlight Token Sale Worth: 1 MC = 0.1 USD
- Token Supported: KuCoin Token (KCS) Best
- Worth Ratio: The true worth ratio of KCS will probably be introduced at the day of the Token Sale
- Token Sale Structure: Proportional Distribution Fashion (PDM)
- Highlight Token Distribution: 50% will probably be dispensed at the Token Technology Match (TGE), then 50% will probably be dispensed in the second one month (prior to the 25th of that month).
- Overall Token Provide: 200,000,000 MC
- Preliminary Circulating Provide: 3,000,000 MC
- Mechaverse Website online: https://mechaverse.cc
Methods to Take part
- Elementary Rule: From 12:00:00 on September Five to 00:00:00 on September 7, 2022 (UTC), contributors should have a mean day-to-day KCS holdings of no less than 10 KCS, the place their ultimate allocation of the brand new token is made up our minds by way of the portion in their reasonable day-to-day KCS holdings towards the entire reasonable day-to-day KCS holdings by way of all collaborating customers.
- Spot Buying and selling Buff: From 12:00:00 on September 2 – 16:00:00 on September 6, 2022 (UTC), contributors’ Spot buying and selling quantity on KCS, FT, SOL, MATIC, ATOM, AVAX, OP, NEAR, DOT, FLOW will probably be calculated as Spot Buying and selling Buff, which can build up the KCS holdings exponentially.
- FT Protecting Buff: From 12:00:00 on September Five to 00:00:00 on September 7, 2022 (UTC), contributors who’ve a mean retaining quantity of no less than 30 FT (23th Highlight undertaking), their KCS holdings will multiply 110% as well as.
To make sure an even allocation for all contributors, there will probably be a collection laborious cap for the token allocation in line with consumer.
- Token Sale Subscription Get started Time: 12:00:00 on September 5, 2022 (UTC)
- Token Sale Subscription Finish Time: 00:00:00 on September 7, 2022 (UTC)
| Minimal Moderate KCS holdings for eligibility | Laborious Cap In keeping with Person |
| 10 KCS | 150 USD (1,500 MC) |
* Laborious Cap: The max collection of tokens you’ll obtain.
The Stocks of Certified Customers Will Obtain
(Person’s KCS holdings * Spot Buying and selling Buff / Overall KCS holdings with Spot Buying and selling Buff of all contributors) * Overall Highlight Allocation (6,000,000 MC)
* If contributors’ reasonable FT (23th Highlight undertaking) retaining quantity is greater than 30, the stocks will multiply *110%.
Spot Buying and selling Buff Coefficient Breakdown:
| $ Buying and selling Quantity 12:00:00 on Sep.2 – 16:00:00 on Sep.6 (UTC) | Spot Buying and selling Buff |
| ≥ 200 USD | KCS Protecting * 1.1 |
| ≥ 400 USD | KCS Protecting * 1.2 |
| ≥ 600 USD | KCS Protecting * 1.3 |
| Each 200 USD buying and selling quantity accomplished, the coefficient will plus 0.1 | |
| ≥ 8,000 USD | KCS Protecting * 5 |
In keeping with the tokens which contributors business, KuCoin will calculate the buying and selling quantity with other coefficients:
| Token | Buying and selling Quantity Calculation |
| KCS | Buying and selling quantity * 150% |
| FT (23th Highlight undertaking) | Buying and selling quantity * 110% |
| SOL, MATIC, ATOM, AVAX, OP, NEAR, DOT, FLOW | Buying and selling quantity * 100% |
