In a groundbreaking move for the cryptocurrency world, UZX, the first-ever crypto exchange governed by a Decentralized Autonomous Organization (DAO), has unveiled an exciting development that is set to captivate the global cryptocurrency community.
After a successful network-wide airdrop in mid-October, UZX has decided to conduct a second network-wide airdrop in mid-November. Distributing an impressive 1,000,000 UZX tokens from its supply of 500 million, currently deployed on the Polygon network. This move aims to expand into new markets and reward existing users, encouraging them to engage further in the UZX platform’s vibrant ecosystem.
The UZX governance token, originating from the UZX.COM platform, holds the highest rights on this innovative cryptocurrency trading exchange. For the first year, 95% of the token supply will remain locked.
Token holders will be granted governance rights over the exchange, including proposal voting, elections, project dividends, etc. Users will have a voice in the decision-making process. According to the platform’s commitment, 20% of quarterly profits will be used for token buyback and burn, until 100 million tokens are destroyed.
UZX token holders enjoy the unique privilege of receiving dividends derived from platform profits, making them genuine beneficiaries of the platform’s success and growth. Based on the number and duration of tokens held, token holders can also achieve higher VIP levels, unlocking exclusive benefits such as preferential transaction fees.
UZX encourages all users to actively participate in this exciting opportunity and collaborate to build a fair and sustainable trading platform that benefits all. Together, they aim to create an even more promising future.
The airdrop process involves taking a snapshot of user accounts at the end of the event. Once the snapshot is complete, participating users can withdraw their allocated tokens. Rewards will be distributed evenly according to the percentage of the total number of participants. Within three working days, the distribution and settlement process will be finalized, and users can view the UZX tokens they’ve obtained by logging into their UZX accounts.
Participation Conditions:
To be eligible for the airdrop, users must meet the following criteria:- Deposit an amount equal to or greater than 200 USDT.
- Execute at least one spot or contract transaction during the participation period.
- Maintain account assets equal to or greater than 200 USDT throughout the participation period.
Key Airdrop Details:
- Total Airdrop Amount: 1,000,000 UZX tokens
- Event Time: November 7th – November 30th, 00:00 (UTC)
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