In response to the Dragoma (DMA) incident, MEXC activated the “Investor Protection Fund” and started airdropping “Potion”.

After being listed on MEXC a few days ago, the Dragoma (DMA) project of the Polygon Network ecosystem saw unusual price changes as it dropped precipitously from 0.85USDT. Due to unusual on-chain transactions on August 8th, MEXC instantly halted trading in DMA/USDT.

In response to the Dragoma (DMA) incident, MEXC activated the “Investor Protection Fund” and started airdropping “Potion”.

In order to minimize the loss of users, MEXC “raised funds from MEXC.
Investor Protection Fund to purchase airdrops of USTD potions for affected users.”

The “USDT Airdrops Program” will be open to users who exchanged DMA/USDT on MEXC between 21:00 on August 7 and 09:20 on August 8 in accordance with the applicable compensation benefits criteria. As of right now, MEXC has finished dispersing compensation benefits to all of the aforementioned affected users.

MEXC was established in April 2018 and currently has Spot,
Current top 10 contracts, leveraged ETFs, NFT indexes, etc.Global cryptocurrency trading platform. in his beginning MEXC has established the “MEXC Investor Protection Fund”. as a platform Investors suffer losses from platform or market incidents. The fund is used to compensate for losses incurred by investors. This time it’s the Dragoma incident.

The processing fee served as the first source of the fund. However, MEXC also contributed 20% of other income in addition to handling fees to the “Investor Protection Fund” in order to better protect platform customers.

According to information, Dragoma is an ecosystem-based project of Polygon Network, It was listed on MEXC on recommendation of the MEXC community. Since then, MEXC adheres to the principles of “user-centric” and “service-centric”. Extensive collection of community suggestions related to voting
Listings, community recommendations for listings, and product improvements are. It is inseparable from the support of the platform community.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store