MEXC Exchange Listed Tenset (10SET) in Innovation Zone — 5,000 10SET to be Won!

Venus
3 min readJun 7, 2021

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MEXC Exchange listed Tenset (10SET) in the Innovation Zone and open trading for the 10SET/USDT trading pair. The specific timeline is shown below.

  • Deposit & Withdrawal: Opened
  • 10SET/USDT Trading: 15:00 (UTC+8), Jun 7

Note:

The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

10SET Deposit and Trading Contest — 5,000 10SET to be Won

To celebrate the launch of 10SET on MEXC, the 10SET team hosted a Deposit and Trading Contest on MEXC Exchange. There will be a total of 5,000 10SET tokens to be won! The details are as follows:

Activity 1: 10SET Deposit Contest — 2,500 10SET to be won

Event Duration: 17:00, Jun 5–22:00, Jun 10 (UTC+8)

During the activity period, users who deposit 10SET with a net deposit no less than 10 10SET could share a 1,000 10SET total prize pool in proportion to net deposit amount; Users who deposit 10SET with a net deposit no less than 50 10SET could share a 1,500 10SET total prize pool in proportion to the net deposit amount.

Activity 2: Trade 10SET and claim from a 2,500 10SET prize pool

Event Duration: 15:00, Jun 7–22:00, Jun 11 (UTC+8)

1) Grand Prize

Users who trade 10SET during the activity period would be ranked based on their trading volume. The top 10 users with the largest trading volume (meeting min. trading volume requirement of 10,000 10SET) could share a 2,500 10SET prize pool in proportion to their trading volume respectively.

2) Participation Prize

All 10SET traders (excluding the top 10 winners) with min. trading volume meetings 200 10SET are eligible to share a 750 10SET prize pool in proportion to their trading volume respectively.

Note:

1. The reward would be distributed within 7 days after the activity ends, users can check it in [D/W History] — [Other records].

2. Net deposit = Deposit — Withdrawal; Valid Trading Volume = Buys + Sells. Transfer amount between accounts will be excluded.

3. Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible to claim the rewards.

4. Wash trading and any cheating conduct are prohibited. Otherwise, MEXC has the right to deprive the prize, even freeze the account.

5. This activity was initiated by the Tenset project party, and the rewards are provided by the project party. All participating users are deemed to participate voluntarily. The activity does not constitute any investment advice.

6. MEXC Exchange reserves the final right to interpret.

Project Details

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

Project Name: Tenset (10SET)

Official Website: https://tenset.io/

Block Explorer: https://etherscan.io/token/0x7FF4169a6B5122b664c51c95727d87750eC07c84

Total Supply: 204,059,715 10SET

Twitter: https://twitter.com/TenseT_io

Telegram: https://t.me/tenset_io_eng

Medium: https://10set.medium.com/

Whitepaper Link: https://tenset.io/wp-content/uploads/2021/02/Tenset_Whitepaper_En_v3.1.pdf

Brief Introduction:

10set token has been launched in January 2021, using Ethereum ERC20 protocol. It is deflationary and has an active staking system built using RFI (Reflect.finance) technology. Each transaction adds 2% fee. Half of the fee (1%) is burned creating a deflationary effect and another half (1%) is automatically distributed to all token holders. There is no need to freeze 10set tokens or hold it any special wallets, staking works on every wallet supporting ERC20 tokens.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses.

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