The New M-Day 24th Session - ParaState (STATE) to be Listed

Dear Users,

The ParaState (STATE) project will be soon listed on the MEXC M-Day platform. The STATE listing event is held exclusively for crypto traders/holders to participate in and enjoy project token airdrops.

In this event, users who meet the requirements can get project tokens via airdrops without going through the asset exchange process. Simple and hassle-free, you’re welcome to participate!

 

Project Brief Introduction: 

Known as Ethereum on steroids, ParaState is a multi-chain smart contract platform bridging the application and developer ecosystem between Polkadot, Substrate and Ethereum, as well as other chains wanting to provide Ethereum compatibility. While supporting the EVM pallet to provide seamless compatibility with all existing Ethereum applications, ParaState also provides developers with a next-gen smart contract implementation environment, Ethereum-flavored WebAssembly. These two infrastructures are ensured to talk to each other and share the same account system on ParaState.

 

Token Airdrop Amount: 350,000 STATE

 

 

Eligibility Criteria to Participate

Term 1: Trading Round

Users who trade the specific cryptos (Spot & ETF & Margin) on MEXC for 3 days (from 2022-02-14 07:00 to 2022-02-16 07:00 UTC) prior to the end of the ticket-claim time with trading volume no less than the minimum amount specified in the form below will be eligible for the lucky draw. The larger the trading volume, the more tickets the user can claim.

Ticket Information:

  • A total number of winning tickets: 900
  • Each winning ticket includes: 160 STATE

The eligible tokens for Trading Round are (including Spot & ETF & Margin):

MX, BTC, ETH, EOS, BCH, LTC, TRX, XRP, BSV, ETC, ADA, DASH, NEO, LINK, QTUM, DOT, VET, XLM, XTZ, ZEC, SNT, JST, OMG, ATOM, VSYS, ONG, AE, BTS, RVN, WOO, ARPA, MINA, ORN, PINK, QUICK, FORM, EPK, BZZ, SKILL, BORING, C98, ALICE, LUNA, RUNE, AAVE, SNX, FTT, CAKE, SLP, SUSHI, AGLD, EDEN, ATLAS, AVXL, BABY, BANANA, CW, DXL, DYDX, GEL, LZ, MAKI, PHM, POLIS, QRDO, REI, RIN, SBR, SUNNY, SWP, THEOS, USDP, WEMIX, WNCH, XCAD, YAG, LARIX, PRT, ORCA, BEAM, DERI, SYN, BRIGHT, MCASH, PAC, GRO, YAY, UFO, VOX, SPELL, PKEX, SRP, GDC, MRFI, RBN, MOOV, FLOKI, TFI, HCT, DSG, INSTA, VEX, KOL, BIN, KWT, OHM, UM, STARL, MDF, AAA, OPUL, STRP, FODL, GEMG, NFS, MOVD, DFI, MAT, ADS, SIN, MONI, BNPL, EVRY, SSV, ZHT, GOLD, BHO, REF, UFARM, BDX, CELT, NINJA, SPS, WARENA, PLUT, CKB, HT, IRIS, DCR, BNB, ZRX, ALPACA, IOTX, AXS, TRIBE, YGG, UST, RAY, RIF, WNCG, OCT, CHESS, FLOW, RARI, TOKAU, BETA, KISHU, BNX, OKB, CTSI, RACA, NU, BIT, KLAY, ATA, AUDIO, MASK, CELO, SOS, GLMR, GOLDFINCH, WTF, LOOKS, CEEK, PIT, ZIG, HAM, BABYDOGE, SHIB, LUFFY, BEZOGE, MANA, SAFEMOON, SAITAMA, GDO, CSPR

The details are shown in the form below:

TRADING.png

Term 2: MX Holding Round

During the ticket claim time, MX holders with a holding amount no less than the minimum amount specified in the form below will be eligible for the lucky draw. The larger the holding amount, the more tickets the user can claim.

Ticket Information:

  • A total number of winning tickets: 1,100
  • Each winning ticket includes: 160 STATE

The details are shown in the form below:

HOLDING.png

The Process of Lucky draw

  1. Ticket-claim time: 2022-02-15 14:00 - 2022-02-16 07:00 (UTC)

Please note that the ticket number ranges from 00001 to 99999. Users can draw a number of tickets based on the draw order. Each user can get multiple tickets. The system will allocate tokens based on the time of drawing, and each account will be allocated with tickets based on the MX Position and trading volumes.

  1. Draw results will be released at 09:00 on Feb 16 (UTC). Participants can visit the MEXC M-Day page (https://www.mexc.com/mday) to check if they get any winning tickets.
  2. STATE Airdrops: STATE airdrops will be distributed around 09:30 on Feb 16  (UTC) to users who hold winning tickets.
  3. STATE Listing: MEXC will list STATE in the Innovation Zone and open spot trading for STATE/USDT at 15:00 on Feb 16 (UTC).

Please Note:

  • In order to ensure the fairness of the activity, after the user claims the ticket, the MX used for the draw will be frozen until the end of the draw. During the freezing period, users cannot trade or withdraw MX.
  • The holdings considered in this session will be limited to the assets available in your spot asset account, excluding assets that may be pending or frozen.
  • Terms 1 and 2 are alternatives on an either-or basis, i.e. if a user meets any one of the term’s criteria, he/she will be eligible to claim the lottery tickets.
  • Ticket Claims can only be made once per term (1 for Major Cryptos Round, 1 for MX Holding Round). Please make sure you have hit your desired trading volume before claiming your tickets for each round. Trading volume accumulated after claiming your tickets will not reward additional tickets.
  • Users are required to complete KYC verification in order to join the ticket claim.

Participation prize: Users who did not receive any winning tickets from the draw will still be able to claim from the participation prize pool of remaining sales tokens in proportion to the number of losing tickets in possession respectively. 

 

 Project Info 

(This information is provided by the project team. Strictly for references only.)

Project Name: ParaState (STATE)

Total Supply: 1,000,000,000 STATE

Official Website: https://www.parastate.io/

Block Explorer (ERC-20): 

https://etherscan.io/token/0xdc6104b7993e997ca5f08acab7d3ae86e13d20a6?a=0x21c40a83b50bc8bb052bb5c20f8c0df6b7a94605 

Telegram: https://t.me/ParaState

Twitter: https://twitter.com/_ParaState

Medium: https://medium.com/ethereum-on-steroids

Discord: https://discord.com/invite/DgKNeJFBXA

Whitepaper

 

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent, and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

 

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Enjoy trading on MEXC.

The MEXC team

14 February 2022