Introducing OPE and OpenEx’s Trade Mining Campaign

We are pleased to introduce $OPE, the native token in OpenEx’s ecosystem.

After 3 months of launch, we have grown to a community of 100,000 Monthly Active Users, with 60,000+ registered users and members, respectively, and we have achieved a daily transaction volume of 100 Million USD. Today marks a new chapter for OpenEx, $OPE token will become the key to connecting users and helping them to grow and solidify their places within the Web3 Space

The OPE Token
OPE aims to build an industry-unique new-generation hybrid exchange model that integrates centralization and decentralization. The OPE token will serve as an essential component of our user as our future governance token, incentivizes user participation, and serves as the primary payment token in the OpenEx ecosystem.

With a token supply of 1,000,000,000, we are excited to announce that we are releasing 14% of the token supply for OpenEx’s trade mining campaign starting on 8 am UTC+8,24th of July 2023, designed to incentivize trading activities by rewarding users with OpenEx’s platform token, $OPE.

Based on the trading volume generated by our users and members in the USDT-M Section, OpenEx will provide $OPE tokens as mining rewards to the respective users and members.

Trade Mining Round

Do note that the mining difficulty and valuation of $OPE will increase in correlation with subsequent mining rounds, challenging users to engage more. Each mining round will have no time limit and will end upon completion. And once the total pool has been mined for 80%, we will list our tokens within two weeks.

We will release essential information such as accumulated transaction volume, mining quotas, and rankings on our Discord.

Upon completion, our PFP holders will receive a 2% bonus on top of their total mining rewards quota. Additionally, a 2% ranking bonus of OPE token supply is distributed proportionally to the top 100 users and members based on transaction volume.

In order to further reward our community users and promote trading and mining activities, we are launching the “Additional Airdrop Rewards” program based on the previous activity rules. According to different trading volume levels, users and members will receive corresponding additional airdrop rewards on top of the corresponding token amounts they already received. These additional tokens can be fully traded when listed. Level Settings:

1. Trading volume of 1 million or more: Additional 5% airdrop
2. Trading volume of 5 million or more: Additional 10% airdrop
3. Trading volume of 10 million or more: Additional 12% airdrop
4. Trading volume of 50 million or more: Additional 16% airdrop
5. Trading volume of 100 million or more: Additional 18% airdrop
6. Trading volume of 1 billion or more: Additional 22% airdrop

Do note that the tokens mined will be subjected to a one-year vesting period, in which 10% will be released upon TGE and released linearly in one year.

Upcoming OATs to collect

With this exciting announcement comes a need for a celebration, and we will be releasing an upcoming Galxe campaign within this week as well, complete these tasks and claim your OATs.

These OATs signify as a credential that the holder is one of the early adopters in OpenEx and will be rewarded as such. **Wink wink**

Campaign 1: To Infinity and Beyond

Task :

• RT & Tag 2 Friends on the Fund Raise PR Announcement
• Read Medium Ann for Trade Mining
• Follow OpenEx on Twitter
• Join OpenEx’s Discord
• Registered as OpenEx user

**This campaign will serve as an entry ticket for the upcoming campaign**

Campaign 2: Mining for a better future

Task :

• Holding the To Infinity and Beyond OAT
• Complete at least 1 trade over 100 USDT Trading Volume on top of OpenEx Platform

But don’t just stop there; users will be rewarded with additional OATs once they have accumulated

- 1,000 USD Trading Volume
- 5,000 USD Trading Volume
- 20,000 USD Trading Volume
- 100,000 USD Trading Volume

For users who have reached 600,000 USD Trading Volume, you will be rewarded with a PFP from our Owlkins on Ophira Collection. ( Limit to 1,500 PFPs )

For more details about the trade mining mechanism, visit OpenEx’s website or contact the customer support team.

About OpenEx

OpenEx is building an industry-unique new-generation hybrid exchange model that integrates centralization and decentralization, attracting diverse market entities through diverse trading modules to maximize liquidity creation and the most efficient pricing.

Join OpenEx Community

Website | Twitter | Medium | Discord |

For contract traders interested in working with OpenEx’s partner network, join our Discord community and learn more.