Participating in the WXT Presale can be done by affiliates who invite new users to register and earn points based on their activity. These affiliates can then subscribe to WXT at a discounted rate of 30% at the end of the first round of the presale, depending on their total proportion of points.
New users, on the other hand, can take part in the “Ribbon-Cutting Event” by completing tasks such as registering their new account, submitting KYC, making a deposit, and engaging in futures trading. By doing so, they can receive free WEEX WXT airdrops. During this period, a single user can receive up to 198,700 WXT and contribute up to 1,000 points to the affiliate they registered through.
In addition to these campaigns for new users, existing users of WEEX can participate in daily platform activities to receive free WEEX WXT airdrops. Both new and existing users can also take part in trade mining and other Token Generation Events (TGE) of WXT on WEEX.
The WXT Presale is divided into three stages. The first stage is the Registration Stage, which takes place from June 1st to 30th. Affiliates can register, recruit new users, and earn points during this stage. For every 100,000-point milestone reached by all affiliates, an additional 10 million WXT will be added to the prize pool, starting from an initial pool of 10 million WXT. The maximum prize pool that can be unlocked through this system is 70 million WXT.
Affiliates will receive their WXT subscription allocation based on their points proportion. For example, if the total points are 700,000 and Affiliate A has 50,000 points, their WXT subscription allocation would be 5,000,000 WXT.
During the Subscription Stage, which takes place from July 1st to 7th, affiliates can purchase WXT at a 30% discount using USDT. The issuance price of WXT is $0.01 per token, so the purchase price for affiliates would be $0.007 per token.
After the subscription stage, there will be a WXT distribution and lock-up period from July 8th to 12th. WXT purchased during the Presale campaign will be distributed to affiliates and locked for one year. It will then be released linearly every month over the next 12 months.
The main goal of the Presale campaign is to incentivize affiliates to invite more users to register and trade on WEEX by offering WXT at a discounted price. The “Ribbon-Cutting Ceremony” provides additional rewards in the form of WXT airdrops for new users. This benefits both the affiliates and the new users.
WEEX Token (WXT) is an ERC-20 token launched by WEEX Global and serves as the cornerstone of the WEEX ecosystem. It is designed as a dynamic incentive mechanism to reward WEEX Exchange community affiliates, contributors, pioneers, and active members. WXT has various benefits for holders, including access to launchpad events, trading fee discounts, VIP exclusive rights, and a buyback and deflation mechanism for long-term stability.
The total supply of WXT is 10 billion, with 65% allocated for WEEX ecosystem incentives, such as investor protection, holding incentives, new user acquisition, KOL cooperation/brand building, and private sales to affiliates. The token release cycle ensures long-term holding and minimal short-term release pressure.
As the WEEX platform continues to grow, the price of WXT is expected to increase, creating a positive growth cycle. WEEX aims to challenge zero fees and has experienced rapid growth in recent years. With the introduction of the WXT platform token, WEEX aims to achieve further growth and expand its network of affiliates, enhancing its competitiveness in the global market.
Investors who are interested in platform tokens may find WEEX WXT to be a favorable investment, as it offers a higher risk-reward ratio advantage compared to other major exchange platform tokens.
For more information about WEEX and WXT, you can visit the official WEEX website and the WXT page.
