Overview
The ModeMax Points Program is a specially tailored program designed to show our appreciation and give back to our loyal users. These users are individuals who have used, are currently using, or will use ModeMax products in the near future as part of their trade journey. Our users make us great, and this program is our first step in actively involving them in the future growth and success of ModeMax.
How can I earn ModeMax Points?
ModeMax Testnet Points Campaign Rules：
1️⃣ ModeMax points task details (Mode Testnet)
Task time range: After May 1, 2024 ~ before the launch of ModeMax mainnet
In the current ModeMax testnet activities, you can earn ModeMax points through a variety of different activities, including:
Referral Points
Points are awarded for successfully inviting new users after you create an invitation code in ModeMax.
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Invited friends who complete any of Add Liquidity, Swap, or Trade in ModeMax will be rewarded with 200 Points
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50% of the points generated by inviting friends through Perp will be used as referral rebate points
Create an invitation code in the Affiliates option on the Referrals page as shown below, and then share it with your friends.
Add Liquidity
For your behavior points reward for adding liquidity to ModeMax's Pools, you can get 2 points for every 1 MLP ($1) held for 24 hours
Select the Add option on the Pool page. After providing liquidity, the MLP balance in the Wallet field indicates that liquidity has been successfully provided.
Trading Points
Points are awarded for your opening and closing of positions in Perp. For every $1 position transaction, 1 point is awarded.
Going long or short on the Perp page, the position information displayed in Position means the position is successfully opened.
Swap Points
Points will be awarded for your Swap behavior in Swap. For every $1 Swap generated, you will get 0.5 Points.
In the Swap page, perform the Swap operation. If the wallet receives the Swap Token, it means the Swap is successful.
Profit Points
You can earn points by generating profits from transactions in Perp. For every $1 of profits generated, you can earn 0.1 Points.
2️⃣ MoChad Holders 2x Points
For $MOCHAD holders, all points earned through tasks in the testnet will be x2.
$MOCHAD Holders: After the testnet ends, a snapshot will be taken. All MoChad holders will receive 2 times the points they earned during the testnet activity.
Mochad Project Information：https://www.mochad.xyz/
3️⃣ Mode Mainnet Points Task
When ModeMax is launched on the mainnet, the Points task of the mainnet will be launched
🚩 FAQ
1. What should I do if I encounter an operation I don’t know how to do during a task?
Here is the ModeMax operation instruction video：https://x.com/ModeMax_/status/1802739131610472789
Here is the operating instructions for ModeMax:ModeMax Test Guide
If you still encounter problems after following the instructions, please join the ModeMax community and report the problem to the administrator in the test feedback:https://discord.com/invite/dfZ7MKs2YA
2. How to convert points into esMOX
After the test activity airdrop begins, the corresponding esMOX airdrop amount will be automatically allocated according to the number of points. Users only need to claim the airdrop directly on the UI page.
3. What is the exchange rate between points and esMOX?
After the test network ends, the esMOX exchange rate needs to be calculated based on the total points.
4. When will the esMOX airdrop start?
After ModeMax releases the mode mainnet, the specific time has not yet been announced.
5. What is the function of esMOX tokens?
esMOX, also known as Escrowed MOX, has two ways of use:
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Stake to earn rewards similar to regular MOX tokens
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Vest to actual MOX tokens within one year
Each staked Custody MOX token will receive the same amount of Custody MOX and Protocol Income rewards as regular MOX tokens.
Please note that Escrow MOX (esMOX) is not transferable unless a full account transfer is made. The amount of MOX or MLP required to vest esMOX is unique to each account, and the maximum amount of esMOX that can be vested is capped at the esMOX rewards received by that account.
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