Dear CoinEx users,
To provide more trading options, after rigorous reviews, CoinEx will list KUN at 8:00 on December 2, 2020 (UTC), and launch “Join CoinEx Events to Claim 50,000 KUN Airdrop”. The details are as follows:
KUN Services
1. Deposit: 8:00 December 2 (UTC)
2. Withdrawal: 2:00 January 1 (UTC)
3. Trading pairs: KUN/USDT
4. Opening method: Call Auction
a. Call Auction
7:00-7:50 December 3, 2020 (UTC)
Orders can be placed and cancelled
7:50-8:00 December 3, 2020 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
8:00 December 3, 2020 (UTC)
AboutKUN
Website丨Explorer丨White paper
QIAN is a stablecoin protocol. Users can inject encrypted assets (such as ETH, HBTC, WBTC, USD stablecoin, mainstream exchange platform token, etc.) into the protocol and lock it to mint the stablecoin in the QIAN protocol. KUN is the governance token of the QIAN stablecoin protocol, used to vote on QIAN ecological governance and to maintain QIAN price stability.
The total number of KUN is 12 million, all KUN tokens will be distributed to QIAN system participants through yield farming, governance lock-in and other specific forms. KUN tokens are 100% belong to the community, there are no team reserve, no private funding and no pre-mining. The exact distribution scheme of KUN will be developed by the QIAN stablecoin governance committee and published on the QIAN official website and governance forum. If it is necessary to adjust the KUN distribution scheme during the development of the project, which can be done by voting.
To celebrate the launch of KUN, CoinEx will airdrop 50,000 KUN, and users can claim KUN according to deposit, net buying and CET holding volume. The details are as follows:
Event 1: Deposit to share 10,000 KUN
Duration: 8:00 December 2, 2020 - 0:00 January 1, 2021 (UTC)
During this period, with a net deposit of every 100 KUN, user can get a reward of 2 KUN (max. 100 KUN per user). CoinEx will give away 10,000 KUN in total on a first-come-first-served basis.
Event 2: Net buy to share 30,000 KUN
Duration: 8:00 December 3, 2020 - 0:00 January 1, 2021 (UTC)
During this period, with a net buying of 100 KUN and above, user can participate in the ranking to share 30,000 KUN proportionally. The detailed rewards are shown as below.
|
Ranking |
Reward per user (KUN) |
Total rewards（KUN） |
|
1 |
5000 |
5000 |
|
2 |
2500 |
2500 |
|
3 |
1500 |
1500 |
|
4-10 |
500 |
3500 |
|
11-50 |
100 |
4000 |
|
51-200 |
50 |
7500 |
|
201-500 |
20 |
6000 |
Event 3: Share 10,000 KUN according to CET holding
CoinEx will take a snapshot at 0:00 on December 3, 2020 (UTC). If met all the following conditions, user can get 5 KUN each. CoinEx will give away KUN on a first-come-first-served basis. The details are as follows:
Condition 1: CET holding ≥ 10,000(Holding volume from non-CoinEx address is also valid, please click HERE to bind non-CoinEx address);
Condition 2: Trading volume in the last 6 months ＞ 0 (Not limited to Spot trading, Margin trading or Perpetual trading);
Condition 3: KYC completed.
*Airdrop Time & Allocation:
12:00 December 3, 2020 - 12:00 December 4, 2020 (UTC). Click HERE to claim airdrop.
Notes:
1. Net Deposit= Deposit - Withdrawal. Net Buying = Buying - Selling - Withdrawal. During these events, any operation related to Red Packet feature and Inter-user Transfer will be deemed as withdrawal.
2. Inter-user Transafer volume will not be calculated into Deposit volume.
3. Market making accounts are not included in this event.
4. Sub-accounts are not allowed to participate as an independent account, and the deposit volume of sub-accounts and leveraged accounts are also calculated into main-accounts.
5. During the event, should any cheating behavior be found, the user will be disqualified.
6. Reward distribution: Event rewards will be issued within 1 day after the event.
7. CoinEx reserves the right of final interpretation of these events.
CoinEx Team
December 2, 2020
Follow us Facebook | Twitter | Reddit
Contact us Support | Telegram
About us Website | Announcements | APP