The “Lock CET to Share 50,000 BELLS” mining event serves as a pivotal initiative to empower CoinEx Token (CET) and amplify its value within the CoinEx ecosystem. By integrating CET into mining activities, CoinEx demonstrates its strategic commitment to expanding the token’s functionality and creating more use cases. This initiative not only introduces exciting investment opportunities but also reinforces CET’s role as a cornerstone of the ecosystem, driving long-term growth and user engagement.
The Role of Mining Events in CET Empowerment
This mining event is designed to increase the active use of CET and encourage its adoption across the platform. By locking CET to mine BELLS tokens, users can access an appealing investment opportunity while simultaneously contributing to the ecosystem’s growth. This approach achieves two vital goals:
- Expanding CET’s Utility: The event reinforces CET’s importance by making it indispensable for participation. CET acts as a gateway to exclusive rewards, strengthening its role within the CoinEx ecosystem and enhancing its relevance to token holders.
- Boosting Demand and Liquidity: By requiring CET for mining, the event drives demand for the token, increasing its market presence and liquidity. This strengthened demand further elevates CET’s standing in the competitive crypto market.
A Commitment to Scarcity and Long-Term Value
To enhance CET’s value, CoinEx allocates 20% of its daily trading fee income to repurchase CET, which is subsequently burned at the end of each calendar month. This deflationary mechanism continues until the total CET supply reaches zero. Over time, this strategy creates scarcity, solidifying CET’s value and positioning it as a valuable asset within the CoinEx ecosystem.
Unlocking VIP Privileges with CET
CET is more than just a utility token; it’s a key to exclusive privileges within the CoinEx platform. By holding and locking CET, users gain access to benefits such as trading fee rebates, airdrops, and global market promotions. Furthermore, locking CET can contribute towards achieving VIP status, unlocking enhanced fee discounts and exclusive promotions. This tiered system incentivises users to accumulate CET, fostering loyalty and deepening engagement within the ecosystem.
Proven Success and Opportunities for Growth
CoinEx’s previous mining events have delivered outstanding results, achieving APYs ranging from 82% to 389% and attracting over 13,451 participants. These events showcase the potential for both high rewards and active user participation. By making CET the core of these initiatives, CoinEx consistently strengthens its platform and community.
The 4th CoinEx mining event is an unmissable opportunity for investors to participate in the CoinEx ecosystem while supporting CET empowerment. With a minimum lock-in of just 100 CET, users can mine BELLS and enjoy dual benefits: rewards and enhanced CET utility. By joining this initiative, participants contribute to the ongoing success and evolution of the CoinEx platform, solidifying its place as a leader in the crypto industry.
Even Details
- Official Mining Period: 11/17 08:00 - 11/22 08:00（UTC）
- Total Reward Pool: 50,000 BELLS
- Minimum lock per person: 100 CET
- Maximum lock per person: 50,000 CET
- Hourly reward = Average hourly locked amount / total average hourly locked amount * total hourly reward
- Ensure your account is verified to participate in the event.
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