MEXC New M-Day - GroveToken (GVR) is Launching

Dear users:

The GroveToken (GVR) project will be soon listed on the MEXC Exchange. The M-Day listing event is held exclusively for all users to participate in and enjoy project token airdrops. In this event, users who meet the trading requirements can get free project tokens. Simple and hassle-free, you’re welcome to participate!

Presenting the project for this session: GroveToken (GVR)

 

Project Brief Introduction: 

Grove Token is a decentralized and secure green Token built for the future of our planet. Our mission is to Create wealth, for all Grovers, by harnessing the opportunities of a secure, decentralized digital currency in an environmentally conscious way. By compensating nature for years of abuse, Grove will create a healthier, wealthier future for all.

 

Token Mechanism:
According to GVR's tokenomics, 10% of each GVR on-chain transaction will be deducted. Therefore, the actual on-chain deposit amount to MEXC will be 90% of your initial deposit amount.

 

Ticket Information:

  • Reward pool: 46,500,000,000,000 GVR
  • A total number of winning tickets: 744 tickets 
  • Each winning ticket includes 50,000,000,000 GVR
  • The remaining GVR tokens will be used as participation prizes.
  • Event Type: Airdrop (No asset exchange)
  • Listing Type: Non-Initial Listing

 

Eligibility Criteria For Participation

Trading Round period: 2022-08-15 06:00 to 2022-08-16 06:00 (UTC)

During the trading round period, users who trade the specific cryptos (Spot, ETF, Margin & Futures) on MEXC prior to the end of the ticket-claim time with minimum trading volumes of 500 USDT will be eligible for the lucky draw. The larger the trading volume, the more tickets the user can claim.

 

The eligible tokens for trading are (including Spot, ETF, Margin & Futures):

MX, BTC, ETH, ZTG, RVLT, ZZ, MBX, FON, AICO, ICE, PMG, BULL, BLK, AVO, TOKKI, QUINT, PTR, WIT, OLE, XRPAYNET, VKT, INSURE, BNS, SKOLL, CEEK, PIT, KLAY, DKS, VINU, MATIC, SOL, LUNC, LUNA, TRU1, STRM, AZERO, BNB, CAW, SHIT, SHIB, BONE, DOGE, RACA, LUFFY, NEAR, GARI, BABYDOGE, S2K, IP3, CEL, ADA, TSUKA, CULT, XLM, MUDOL2, CEJI, SRT, OP, ETC, WING

XRP, TRX (only inclusive of Futures and ETF trading volume)

* Only the USDT trading pair is considered for the calculation of M-Day trading volume.

 

The details are shown in the form below:

Trading Round(Spot, ETF, Margin, Futures)

Trading Volume  (USDT)

Tickets

500 ≤ X <3,000

1

3,000 ≤ X <10,000

2

10,000 ≤ X <30,000

3

30,000 ≤ X <50,000

4

50,000 ≤ X <80,000

5

80,000 ≤ X <100,000

7

100,000 ≤ X <130,000

9

130,000 ≤ X <160,000

11

160,000 ≤ X <190,000

13

190,000 ≤ X <250,000

15

250,000 ≤ X <500,000

17

500,000 ≤ X <1,000,000

20

1,000,000 ≤ X <3,000,000

50

3,000,000 ≤ X <5,000,000

70

≥ 5,000,000

100

Note: Futures trading volume will be converted into the total trading volume at a 50% rate. 

 

The M-Day Process

  • Ticket-claim time: 2022-08-15 21:00 - 2022-08-16 06:00 (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 trading volumes.

  • Announcement of draw results: 2022-08-16 08:00 (UTC)

Participants can visit the M-Day page (https://www.mexc.com/mday) to check if they hold any winning tickets.

  • GVR Airdrop:  2022-08-16 08:30 (UTC)

GVR airdrops will be distributed to users who hold winning tickets.

  • GVR/USDT Spot Trading in Innovation Zone: 2022-08-16 15:00 (UTC)

 

Participation Prize Details: 

Users who do not hold any winning tickets from the M-Day draw will still be entitled to the participation prize pool of remaining tokens in proportion to the number of losing tickets in their possession. 

 

 Note:

  • Ticket claims can only be done once. Please make sure you have hit your desired trading volume before claiming your tickets. Trading volume accumulated after claiming your tickets will not reward additional tickets.
  • MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • MEXC has the final interpretation right of the event. 

 

Project Info 

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

Project Name: GroveToken (GVR)

Maximum Supply: 100,000,000,000,000,000 GVR

Official Website: https://grovetoken.com 

Block Explorer (BEP-20): https://bscscan.com/token/0xaFb64E73dEf6fAa8B6Ef9a6fb7312d5C4C15ebDB 

Twitter: https://twitter.com/GroveToken

Telegram: https://t.me/Grovetoken 

Discord: https://discord.com/invite/9ZtspR9Acq 

Reddit: https://www.reddit.com/r/grovetokenofficial/ 

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.

 

Find us on

Medium: https://medium.com/mexcglobal 

Telegram: https://t.me/MEXCEnglish 

Twitter: https://twitter.com/MEXC_Global 

Facebook: https://www.facebook.com/mexcglobal

Discord: https://discord.com/invite/4Jrghy7gxs

Instagram: https://www.instagram.com/mexcglobal/ 

Blog: https://blog.mexc.com/

 

Buy USDT Instantly here: https://otc.mexc.com/

Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite 

 

Enjoy trading on MEXC.

The MEXC Team

14 August 2022