CoinEx has successfully concluded its "Lock CET to Share 250,000,000 DINGO" event, which took place from March 11 to March 18, 2025. As a mining-based event, it allowed participants to stake CET tokens in exchange for a share of 250 million DINGO tokens, generating significant interest and engagement from the community.
Event Overview & Performance
The event was structured in two phases:
- Early Lock Phase (March 11, 08:00–March 13, 08:00 UTC): Participants were given the opportunity to secure their staking positions ahead of the mining period.
- Mining Phase (March 13, 08:00 - March 18, 08:00 UTC): During this period, locked CET tokens generated DINGO rewards, distributed hourly.
Over the course of the event, a total of 34,120,000 CET was locked by 6,413 participants, demonstrating strong user confidence and participation. The event achieved the highest APR of 47.65%, offering competitive rewards to CET holders. Additionally, the increased demand for CET during the event contributed to a 3.57% rise in its price.
Pool Distribution & Rewards
The total reward pool for the event was 250,000,000 DINGO, distributed hourly at a rate of approximately 2,083,333.33 DINGO. Participants could lock anywhere between 100 CET (minimum) and 50,000 CET (maximum) to earn rewards proportionally.
Important Highlights and Metrics
- Strong Community Engagement: With over 6,400 participants, the event showcased CoinEx’s growing community and user enthusiasm for staking opportunities.
- Attractive Returns: The highest APR of 47.65% provided participants with substantial staking incentives.
- Market Impact: The CET token experienced a 3.57% price increase, highlighting positive market sentiment and demand during the event period.
Strengthening CET: Enhancing Utility and Market Confidence
The "Lock CET to Share 250,000,000 DINGO" event reinforced the utility and value of CET within the CoinEx ecosystem by driving increased demand and engagement. With CET staking as a key participation requirement, the event contributed to a 3.57% price increase, highlighting strong market confidence in the token. This initiative further strengthened CET’s role in fostering liquidity and long-term adoption. As CoinEx continues to introduce similar programs, CET’s utility and influence within both the platform and the broader crypto market will continue to expand, reinforcing its position as a fundamental asset within the ecosystem.
CoinEx’s Commitment to Expanding User Opportunities
CoinEx continues to solidify its reputation as “Your Crypto Trading Expert” by hosting mining events that provide users with access to a broader selection of tradable tokens.
These periodic mining events not only boost token value for traders and holders but also offer direct rewards in the form of crypto assets, enhancing user engagement and participation.
The success of the "Lock CET to Share 250,000,000 DINGO" event reaffirms CoinEx’s commitment to providing rewarding opportunities for its users. Moving forward, CoinEx aims to continue launching innovative staking and mining events, further enhancing the utility of CET and expanding the platform’s offerings.
Stay tuned for more exciting campaigns from CoinEx as we continue to empower our users with diverse earning opportunities in the crypto space!
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