We are thrilled to announce the launch of a new market on DigiFinex! The DCN/USDT pair is now listed on March 25th, 2021 with deposits opening at 14:00 (GMT+8), and is set to go live at 16:00 (GMT+8) the same day.
Dentacoin — DigiFinex Special Events
But that’s not all! In order to celebrate the occasion, we will be launching three events in cooperation with DigiFinex! These events will be live from the listing date — 25th of March 14:00 (GMT+8) until the 3rd of April 14:00 (GMT+8). The rewards will be distributed within 7 days of the events’ completion.
Event 1: Deposit DCN and get a share of 35 million DCN
In this event, users with net deposits of over 10 million DCN (net deposits = total deposits — withdrawals) will share 35 million DCN, according to the proportion of their DCN net deposits. Here is the calculation formula:
Reward Formula: Reward = (personal DCN net deposit amount / sum of all net deposit amount larger than 10 million DCN) * 35 million DCN
Event 2: Trade DCN and get a share of 70 million DCN
This event is based on trading volume. Users with a top 30 trading volume and greater than 2,000 USDT will get a share of 70 million DCN based on their trading volume (wash trading excluded).
Reward Formula: Reward = (personal trading volume / total trading volume of the top 30 users) * 70 million DCN
Event 3: Staking DCN to share 100 million DCN
In this third event, a reward of 100 million DCN will be available in DigiFinex’s candy box. This allows users to gain interest, by locking DCN for a set amount of time. Rewards will be distributed on a first-come, first-served basis. Here are details of the lockup:
Locked token Lock-up term Daily rate Min lock amount Max reward Total reward DCN 10–30 days 0.3% 100,000 DCN 10 million DCN 100 million DCN
Reward Formula: Reward of each user = personal locked DCN amount * days of locking * 0.3%
Example: You lock 100,000 DCN in the candy box for 10 days and will be rewarded with 3,000 DCN upon completion of the lockup period.
How to Participate:
- Log into the DigiFinex App
- From the Homepage visit the Candy Box
- Enter Lock Amount and Claim Staking Reward
Launched in 2017, the exchange has grown to support over 200 coins, matched in more than 300 pairs on the platform ever since then. Currently, the Singapore-based DigiFinex is home to over 4 million traders worldwide, including Europe, Latin，Asia.
When it comes to the fees DigiFinex applies a flat 0.2% transaction fee for all assets and a 0.006ETH withdrawal fee. Additionally, the exchange has received accreditation from various authorities, including the Australian Regulated Digital Currency Exchange Service Provider certification from Australian Transaction Reports and Analysis Centre (AUSTRAC), as well as an Exemption of Provision of Digital Payment Token Services in Singapore from the Monetary Authority of Singapore (MAS).
So now that you are familiar with this incredible upcoming opportunity to trade Dentacoin, are you excited to take the next step? Start trading now on DigiFinex:
Originally published at Official Dentacoin (DCN) Blog | Dentacoin Foundation.