Dear CoinEx users,
To thank you for your continued support of the CoinEx ecosystem, CoinEx and OneSwap are jointly launching an ONES mining event: Lock a minimum of 100 CET to share a 20,000,000 ONES prize pool.
✨About ONES
ONES (OneSwap DAO Token) is a CRC20 governance token issued by OneSwap with a fixed total supply of 100 million tokens, featuring a deflationary mechanism.
OneSwap's community governance operates through a proposal and voting system. Users holding sufficient ONES (over 1% of the total token supply) can initiate proposals, while any ONES holder can vote for or against these proposals.
✨About OneSwap
OneSwap is an on-chain one-stop trading platform built on CoinEx Smart Chain (CSC). It features permissionless token listing, automated market making, and order book functionality, and can be deployed on any blockchain platform that supports smart contracts.
In January 2025, OneSwap will launch an innovative Pump feature - a platform built on CSC (CoinEx Smart Chain) that enables users to create and trade Memecoins in one click, offering users a simpler token issuance and trading experience.
✨Lock CET to Share 20,000,000 ONES
1. Duration:
(1) Early Lock: 8:00 Dec 20 - 8:00 Dec 22, 2024 (UTC)
(2) Official mining: 8:00 Dec 22 - 8:00 Dec 29, 2024 (UTC)
2. Participation requirement: All CoinEx users who have completed primary verification
3. Pool Distribution
Total pool | 20,000,000 ONES |
Total hourly reward | About 119,047 ONES |
Min. lock per person | 100 CET |
Max. lock per person | 1,000,000 CET |
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.
✨ONES Trading
1️⃣ DEX: Available on OneSwap
Currently, OneSwap supports the ONES/CET trading pair. Trade ONES on OneSwap >>
2️⃣ CEX: CoinEx Listing ONES
CoinEx will support deposit, withdrawal, and trading services for ONES (OneSwap DAO Token). The details are as below:
Listing Schedule
1. Deposits open: 2024-12-20 04:00(UTC)
2. Withdrawals open: 2024-12-20 04:00(UTC)
3. Trading pair: ONES/USDT
4. Opening method: Call Auction
(1) Call Auction Period
2025-01-02 08:00-08:20(UTC): Orders can be placed and canceled
2025-01-02 08:20-08:30 (UTC): Orders can be placed but not canceled
(2) Official Trading Start
2025-01-02 08:30 (UTC)
5. Trading: ONES/USDT supports AMM market making, spot grid trading, and auto-invest plans.
6. Please note: If you held ONES before July 3, 2023, and did not withdraw your ONES assets from CoinEx, your assets will be restored once the deposit is opened, and can be viewed on your asset page.
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
Dec 20, 2024