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$500k OTC trading champ
Airdrop rules
Create offers & place bids to earn your share of the MBase airdrop.
Some lyrics and motivation
- 1.This competition will help to find out the best OTC traders on Marsbase, Incentivize them to use different & unique types of OTC deals.
- 2.We will engage & educate traders and projects to use our OTC shield against token dumps and we believe it will help to create strong OTC community.
- 3.They’ll help us to accelerate the implementation of DeFi OTC tools in trading, buyback and invest management strategies and make our market less risky!
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Overview of the Airdrop program & leaderboard. Read it!
- 1.1.2% of the initial token supply (83,333,330 MBase) will be allocated to be distributed to users who trade on the DeFi OTC desk Marsbase and got into the leaderboard.
- 2.All trading coins & types of transactions participate in the tournament. Opened (Active) but not completed trades are not counted after the 28 day 00:00 UTC of every epoch.
- 3.The place in the leaderboard is also determined on the basis of the realized volume. The volume is calculated from the amount sent and received. Bob sent 1000 USDT and received 1000 ABC tokens (for ex.) from Alice. The turnover is 2000 USDT. Trading volume is calculated to ETH at the moment of transaction.
- 4.Personal airdrop share calculation is very simple. The trading volume forms your share of the Airdrop. There can be at least a million airdrop participants and they will earn their 0.00000001%, but the most active participants will receive the main share.
And there is also an additional incentive to get into the TOP-10. Starting from the second month, the TOP 10 will share 50% of fees made by users during the entire epoch. Marsbase charges 0.5% commission on OTC trades and 0.5% commission on bidder trades.
Important! To make champ more interesting during the first month, fees will not be launched immediately. Moreover, we will not say in advance when they will be launched, so the fastest ones have the opportunity to trade volumes almost for free!
5. Every day you can follow the change in leaderboard and the approximate share of the airdrop. The leaders' ranks and results will be updated with a slight delay of up to 60 minutes.
6. Each epoch lasts 28 days. OTC champ consists of 6 epochs. First epoch starts on 15th of June 2023 в 00:00 UTC. Final counting and rating checks will be completed at 00:00 UTC on the 33 day.
7. It will be possible to withdraw the tokens available by that time only after TGE in 7 days. All winning MBase will be with 6 month linear vesting and with the unlock each block (about 3 seconds).
8. Be sure to fill the information about social networks and subscribe to these social networks. Literally all of the mechanics described in this document requires execution as well as filling a short questionnaire, so you can check the data. -> List are here
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About MBase
MBase is a multi-chain utility token with of Marsbase defi OTC desk. Initially, it will be in the BEP-20 format and will later support transactions both on the BSC and Ethereum networks and others. -> More about MBase
What to do now?
- 1.
- 2.Find who is buying or selling, and if you like it, set up your bid.
If you need to create your own deal (or you can't find the right one)
- 1.Choose the type of deal you are interested in between part deal ( whales with retails ) , best bid auction, zero-collateral deal or escrow
- 2.Set up your parameters, sign the transaction and voila.
- 3.Check the OTС desk often and set notifications. To speed up the process of closing a deal, you can share it with friends, colleagues or in the community. Just copy the link to the deal
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We do not recommend!
- 1.Marsbase reserves the right not to take into account the volume of trades that were made with the help of flash credits in one transaction, trades with oneself and there are many ways to understand and verify.
- 2.Also addresses of wallets that are placement of multiple empty orders ( zero - collateral auctions ) or done multiple cancellations of offers / bids, which lead to cancellation of other bids or offers.
Marsbase reserves the right at any time at its sole and absolute discretion to determine and/or modify or vary these terms and conditions without prior notice, including but not limited to the cancellation, extension, termination or suspension of this promotion, the terms and eligibility criteria, the selection and number of winners and the timing of any action, and all Participants shall be bound by such changes;
In the event of any discrepancy between the translated versions and the original English version, the English version shall prevail
We count fees paid by each individual user. From all commissions received by the platform during the period from 2nd - 6th epoch, we form a cashback pool. Since the pool is made up of ALL commissions, we will calculate & distribute 50% of fees to TOP - 10. So try to be in the winners.
All traders on the Marsbase are eligible to receive MBase as trading rewards & Cashback in USDT.
The Marsbase OTC desk is not available to traders in the United States or Restricted Territories, as defined in MARSBASE PTE LTD
Earned MBase tokens via Trading Rewards (Airdrop) will be transferable after TGE on 7th day.
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Last modified 5d ago