CoinEx has launched its latest mining event, CoinEx Mining: Lock CET to Share 300,000 JLP, offering users the opportunity to earn rewards by locking CET. This initiative not only provides lucrative returns but also reinforces CET’s utility within the CoinEx ecosystem.
Exclusive Early Lock Incentives
To maximise potential earnings, CoinEx Mining introduces an Early Lock Period from March 28, 08:00 to March 30, 08:00 (UTC), where participants who lock CET before the official mining phase starts can benefit from additional incentives.
Event Highlights
- Early Lock Period: 03/28 08:00 - 03/31 08:00 (UTC)
- Official Mining Period: 03/31 08:00 - 04/03 08:00 (UTC)
- Total Reward Pool: 300,000 JLP
- Minimum Lock per Person: 100 CET
- Maximum Lock per Person: 50,000 CET
- KYC Verification: Required for participation
- Reward calculation: 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.
Why Join?
This time, the deposit period has been extended from 2 days to 3 days. This makes it more convenient for users who have been staking CET, giving them sufficient time to withdraw CET and join the Mining. The mining period has been shortened to allow users to receive their rewards more quickly.
CoinEx Mining continues to attract a growing community. With previous 9 mining events showcasing impressive APYs, average at 158.6% and accumulated 60,833 participation. This initiative aligns with CoinEx’s vision of building an interconnected crypto ecosystem by integrating CET into mining activities, enhancing its long-term value and role.
With a low entry threshold of just 100 CET, participation is accessible to all users, fostering inclusivity across the platform. Real-time rewards are distributed through hourly snapshots, ensuring fair and transparent allocation. Moreover, participants enjoy flexibility, with the ability to unlock CET at any time during the event, maintaining full control over their assets.
For full details and to participate, visit the official CoinEx announcement.
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