What is SafeMoon Spin-Off?
The SafeMoon Spin-Off prize pool will be generated from a percentage of revenue generated from trading SFM. The more volume generated on the pair, the larger the prize pool will be.
To qualify for SafeMoon Spin-Off you must have a minimum of 1,000 MDXT locked and hold a minimum of 32,000 SFM on Mandala Exchange.
For every 32,000 SFM held on Mandala, you will receive 1 entry
For every $32 SFM Market buy, you will receive 1 entry
For every $32 MDXT Market buy, you will receive 2 entries
Market buys over $32 will receive additional entries accordingly.**
Market Bought $64 in MDXT (4)
Holds 160,000 SFM on Mandala (5)
Market bought $3200 in MDX (200)
Market bought an additional $320 worth of SFM (10)
SFM Deposit Bonus Entries:
The first 1,000 people to deposit 100,000 SFM each will receive bonus entries based on the following:
First 32 to deposit greater than or equal to 100,000 SFM = 32 entries each
Next 168 to deposit greater than or equal to 100,000 SFM = 16 entries each
Next 300 to deposit greater than or equal to 100,000 SFM = 8 entries each
Next 500 to deposit greater than or equal to 100,000 SFM = 4 entries each
How big will the prize pools be?
Let us break it down for you all…
At $10mil SFM Volume a Day:
$10mil SFM volume a day x 30 = $300mil/month Lottery Pool = 0.015% of total SFM volume 0.015% of $300mil = $45,000
How many winners will there be?
32, of course…split equally
What are my chances to win?
Size doesn’t matter…or does it?
Your chances to win are directly proportional to the amount of SFM you hold on the exchange, as well as the number of bonus entries you’ve accrued. The more SFM & MDX you stack, the better chance you have at winning the SafeMoon Spinoff Pool!
How do I know if I win?
Winners will be randomly selected at the end of each month and tokens will be automatically distributed to your Mandala SFM wallet.
You must have at least 1,000 MDX LOCKED and a minimum of 32,000 SFM in your account to qualify for SafeMoon Spin-Off.
Although additional locked MDX do not grant you more entries to SafeMoon Spin-Off, they DO grant you additional entries into our original Mandala Madness Pool!
PS: We are going to start off by seeding the pool $5000!
If Mandala sees our users driving consistent volume to SFM we just MIGHT continue to BOOST the reward pool!
We are incredibly excited to have the SafeMoon Army joining forces with the Mandalarian Army. It has been an absolute pleasure working alongside the SafeMoon community and team. This is only the beginning.
We cannot wait to continue to grow our relationship alongside SafeMoon and truly make this more than just a listing, but rather a lasting partnership.
Thank you for choosing Mandala Exchange, we are excited for what lies ahead!
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RISK WARNING: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Mandala Exchange will make best efforts to choose high-quality coins but will not be responsible for your trading losses.
DISCLAIMER: The competitions described herein are subject to any and all of Mandala Exchange’s Terms and Conditions, EULA’s and other legal guidelines. Mandala reserves the right, at its sole discretion, to make any final and binding determination of the competition rules and prize winners. The information provided on the website or any other mobile device or social media platform about this competition by Mandala Acquisition LLC (MAC), Mandala Exchange Ltd. or any of its affiliates does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. MAC and it’s affiliated do not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.