MEXC Global Will Launch the 4th Session of Launchpad with Colony(CLY)

  • Token Name: Colony (CLY)
  • Total Token Supply: 150,000,000 CLY
  • Total Tokens Allocated to MEXC Launchpad: 1,250,000 CLY
  • Public Sale Token Price: 1 CLY= 0.4 USDT
  • Token Sale Format: Subscription
  • Supported Sessions: MEXC only
  • Requirement: Minimum 10 MX holding amount during snapshot period
  • MX Position Period 2021–12–1 16:00 (UTC) to 2021–12–6 15:59 (UTC)
    How daily position is calculated: Daily average position = Sum on smallest positions held on X days/X days
  • Subscription Period 2021–12–7 11:30 (UTC) to 2021–12–8 11:30 (UTC): Subscription will open at this time for all eligible users for a 24 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their MX.
    You must click on the button to commit a certain amount of MX towards the new project during this subscription period. The max amount of MX you can commit depends on the daily average MX balance in your Spot Account over the 5-day snapshot period.
  • The initial rough calculation of each participant’s final token allocation is:
    Individual committed MX / Total committed MX by all participants) * Total CLY tokens to be sold on Launchpad.
  • The amount of MX to be deducted= (participant’s final token allocation *CLY*0.4USDT) / MX average price
  • The average price of MX will be the average closing price from December 2, based on the UTC+8 time zone, to December 6.
  • Distribution Period 2021–12–8 12:30 (UTC): token allocation calculation and distribution.
  • CLY/USDT Trading: 13:00, December 8 (UTC)
  1. To ensure the fairness of all participants, once the users have clicked and agreed to participate in the drawing, the corresponding MX tokens in the user’s account will be frozen. The MX that is frozen during the event period will not be withdrawable or traded. Please participate at your own discretion.
  2. Users must complete KYC to participate in this event.
  3. MEXC reserves the right to interpret this event at our sole discretion.
  4. Special Reward: 500 users who participated in this session of Launchpad will be selected at random to receive a 10 USDT Futures Bonus, the rewards shall be airdropped to the respective winners within 7 working days upon the completion of this event. (Note: Users must open their Futures Account before the event ends to be eligible to receive the Futures Bonus reward.)

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