Dear CoinEx users,
CoinEx has listed KONAN and will launch the "Lock CET to Share 1,000,000,000 KONAN" event. With a minimum lock of 100 CET, you can join and share 1,000,000,000 KONAN! The details are as follows.
Lock CET to Share 1,000,000,000 KONAN
1. Duration:
(1) Early Lock: 8:00 Oct 22 - 8:00 Oct 24, 2024 (UTC)
(2) Mining: 8:00 Oct 24 - 8:00 Oct 29, 2024 (UTC)
2. Participation requirement: All CoinEx users who have completed primary verification
3. Pool Distribution
| Total pool | 1,000,000,000 KONAN |
| Total hourly reward | About 8,333,333 KONAN |
| Min. lock per person | 100 CET |
| Max. lock per person | 50,000 CET |
4. How to Participate
Step 1. Purchase CET to prepare for mining.
Step 2. Go to the event page.
Step 3. Select the CET pool, and lock a minimum of 100 CET.
Complete the 3 steps above, you can participate in the mining event with zero risk.
5. Reward Settlement Rules
(1) The system takes multiple random snapshots of your locked assets and the total assets locked by all users every hour. At every o’clock, the average value of these snapshots from the previous hour is used to calculate your share of locked assets, and mining rewards are distributed based on this share. Your hourly reward = your average hourly locked amount / total average hourly locked amount * total hourly reward.
(2) When the event status is displayed as "Ended," your total mining rewards will be settled and distributed to your Spot Account in 1 hour.
6. Notes
(1) During the early lock period, you can lock and get ready for mining, but NO rewards will be generated.
(2) During the early lock and mining periods, you can lock or remove assets anytime. When you lock assets, the corresponding amount will be temporarily frozen in your Spot Account. When you remove assets, the corresponding amount will automatically be unfrozen in the Spot Account. If assets are not removed by the end of the event, they will be automatically unfrozen and returned to the Spot Account.
7. Newcomers Exclusive🎁: Register as a CoinEx user during the event and receive an exclusive gift worth 100 USDT! Get it now >>
About KONAN
Konan aims to create a secure and engaging ecosystem where all participants have equal opportunities to succeed. By leveraging advanced blockchain technology and fostering a strong community spirit, Konan is designed to offer value and excitement to its users, making it more than just a meme coin.
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Oct 22, 2024