MEXC is thrilled to launch another session of Kickstarter, a pre-listing event on MEXC initiated by project teams where users can commit MX to support their favorite projects. This event is designed to identify high-quality projects while offering free airdrops to MEXCers!
Presenting the project for this session of Kickstarter: Saffron Finance (SAFFRONFI)
Note:
Due to another project with the ticker name SFI being listed on MEXC, the Saffron Finance (SFI) ticker will be renamed to SAFFRONFI on MEXC. Please take note before proceeding with the deposit and withdrawal.
About Saffron Finance (SAFFRONFI)
Saffron Finance is a protocol that allows users (i.e. liquidity providers) to have access to customizable and dynamic risk/reward exposures on the pools that they choose to interact with. The protocol's main use case is to act as an intermediary between liquidity providers and lending protocols, where liquidity providers can provide liquidity to lending protocols through various SFI tranches. The protocol's native token SFI is used to gain access to specified tranches on the protocol via staking as well as to govern the protocol.
Total Supply: 92,122 SAFFRONFI
Official Website | Contract Address | X (Twitter) | Telegram | Whitepaper
Total Supply: 92,122 SAFFRONFI
Official Website | Contract Address | X (Twitter) | Telegram | Whitepaper
How to Participate in Kickstarter:
Users can commit MX tokens to participate in the event and win free airdrops. The maximum quantity of MX you can commit depends on the MX balance in your spot wallet at the snapshot time (MEXC will take snapshots of users' MX holdings at random times during the snapshot period).
Details are as follows:
- Participation Eligibility: Make sure your account has completed at least one Futures trade (any amount, any trading pair), and Hold a minimum of 5 MX for 24 consecutive hours before Jun 30, 2025, 15:59 (UTC)
- Voting Period: Jul 1, 2025, 07:00 (UTC) to Jul 2, 2025, 06:50 (UTC)
- Trading: Jul 2, 2025, 09:00 (UTC)
- Deposits: Opened
- Withdrawals: Jul 3, 2025, 09:00 (UTC)
- Voting Link: https://www.mexc.com/sun/assessment
- Airdrop Details: 50,000 USDT
- Voting Token: MX
- Requirements: 5 ≤ MX ≤ 100,000
- You can commit based on your maximum committable quantity. Tokens committed successfully will only be used for reward calculation. Your MX will not be frozen.
- Rewards: The airdrop rewards will be distributed according to the participation ratio within 1 hour of the event's conclusion.
- You can also participate in other ongoing Kickstarter and Launchpool events after you successfully participate in this event.
- The rewards will be determined based on the amount of MX you commit and the number of valid users you bring in. The detailed rules are as follows:
Level | Requirements | Coefficient |
V1 | Hold ≥ 5 MX for 24 consecutive hours. | x1 |
V2 | Invite 1 valid user. | x1.5 |
V3 | Invite 2 valid users. | x1.55 |
V4 | Invite 3 valid users. | x1.6 |
V5 | Invite 4 valid users. | x1.65 |
V6 | Invite 5 valid users. | x1.7 |
V7 | Invite 6 valid users. | x1.75 |
User's Valid Quantity of Committed MX = User's Actual Quantity of Committed MX * Commitment Coefficient
To calculate the reward for User A:
User A's Reward = (User A's Valid Quantity of Committed MX / All Users' Total Valid Quantity of Committed MX ) * Total Prize Pool
The more MX you commit and the more friends you invite as valid users, the larger your share of the rewards!
Definition of a valid user:
A valid user = A user who completes their first deposit after signing up (internal transfers not counted, but deposits via on-chain, P2P, or fiat are all valid), accumulates deposits of ≥ $100 within 7 days, and completes at least one futures trade. (Must complete the closure of at least one order.)
Note:
The system will take a snapshot of the number of valid invited users (valid for 30 days) and update the level the following day. Users can check their account level coefficient on the event page.
For more details, please visit the Kickstarter page.
Terms & Conditions:
- Market-making & project party accounts are not eligible to participate in the event.
- No fees are required for participation in the Kickstarter event.
- Participants must at least complete Primary KYC Verification before the event ends to qualify for rewards.
- If a single user commits a total of more than 100,000 MX across multiple accounts, the associated accounts may trigger the platform's risk control measures. Please proceed with caution.
- MEXC reserves the right of final interpretation for this event.
Risk Disclosure
Start-up blockchain projects may face significant risks in operation, underlying technology, and legal and regulatory environments.
Participation in these projects requires advanced technical and financial knowledge to fully comprehend the inherent risks, including potential price volatility resulting from any token listings. Before making any investment decisions, we recommend that you conduct thorough due diligence, evaluation, or seek advice from professional consultants.
Participation in these projects requires advanced technical and financial knowledge to fully comprehend the inherent risks, including potential price volatility resulting from any token listings. Before making any investment decisions, we recommend that you conduct thorough due diligence, evaluation, or seek advice from professional consultants.
The prices of digital assets related to blockchain projects exhibit high volatility and may fluctuate due to various factors. Investing in such projects may result in significant or total investment losses. Additionally, due to underlying technology of blockchain projects or cyber attacks, you may be unable to withdraw digital assets related to blockchain projects partially or completely.
When deciding whether to invest in this project, please carefully assess the risks and make a decision based on your risk tolerance. MEXC does not guarantee or compensate for any investment losses incurred by you.
