EMDX’s Thrilling Campaign Roundup!

EMDX
2 min readJun 5, 2024

Thrilling Campaign Roundup

Over the past two weeks (from May 20th to June 4th), nearly 4,000 traders have engaged in our most exciting trading event yet.

EMDX offered a Max Prize Pool of $10,000 USDC along with a share of collected trading fees and EMDX tokens plus $EDX tokens to reward our dedicated traders.

As specified in the campaign conditions, if the global volume over the period reached:

  1. $50M: USDC prize pool would increase to $5K.

2. $75M: USDC prize pool would rise to $10K.

In less than five days, the $75M global volume milestone was achieved. Following the payout criteria, prizes gradually increased until the maximum pool rewards were reached.

Tiers and Rewards

Since the maximum trading volume level of $75M has been reached, unlocking the full prize of $10K USDC, prize allocation is as follows:

Tier 1:

  • Traders with +$25K: 706
  • Rewards: $2,000 USDC proportionally distributed based on trading volume
  • Bonus: 50 traders will be randomly selected to receive a share of 5,000 EMDX tokens

Tier 2:

  • Traders with +$50K: 752
  • Rewards: $3,000 USDC proportionally distributed based on trading volume
  • Bonus: 25 traders will be randomly selected to receive a share of 10,000 EMDX tokens
  • Additional: Plus $4,352 (5% of collected trading fees over the campaign) distributed among Tier 2 traders

Tier 3:

  • Traders with +$100K: 2,466
  • Rewards: $5,000 USDC proportionally distributed based on trading volume
  • Bonus: 10 traders will be randomly selected to receive a share of 20,000 EMDX tokens
  • Additional: Plus $4,352 (5% of collected trading fees over the campaign) distributed among Tier 3 traders

Payout Date

Rewards in USDC will be automatically transferred by EMDX to users´ trading addresses on June 7th at 3 PM UTC.

Rewards in EMDX tokens will be transferred next week as the payment mechanism needs to be synchronized with the Ordelry Network.

EMDX will announce an accurate date soon.

Stay tuned for more updates, and let’s celebrate this incredible achievement together!

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