Athos Finance x MEXC Lucky Draw
As Athos Finance inches closer to the important milestone of releasing the multi-collateral upgrade, the team is hosting an Athos Finance x MEXC Lucky Draw to reward our loyal users and followers. By participating in this lucky draw, you have a chance of winning 200 $ATH with just a few simple steps!
What is the Multi-Collateral Upgrade?
Originally, the Athos Ecosystem was developed around the use of $ATH and $athUSD. Although it provides exclusive utility to $ATH and $athUSD, it creates a significant barrier of entry for new users who might want to try using the product since they need to purchase those tokens in order to participate in the ecosystem.
With multi-collateral staking, users can now use a number of other assets as collateral to participate in the ecosystem and mint $athUSD. The initial stage will include assets such as $DOT, $wBTC and $wETH. We expect this change will significantly lower the barrier of entry for new users as they no longer need to acquire $ATH or $athUSD to participate. On top of that, increased participation in the ecosystem will result in more volume and additional Athos Exchange transaction fee which in turn are distributed to debt holders.
How to Participate in the Lucky Draw?
To participate in the lucky draw, simply follow the steps below:
- Follow us on Twitter
- Join our community on Discord
- Submit your information with this link
This lucky draw will run from now until 17 August 2023, 23:59 UTC. After the cutoff is over, the team will randomly select a minimum of 20 winners, with each winner receiving 200 $ATH. Depending on the number of participants, the team might also choose to increase the number of winners at its discretion. Winners will receive their $ATH in their accounts by the end of August.
Good luck! Stay tuned for all the latest updates about the multi-collateral upgrade in our Discord!
About Athos Finance
Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. It provides users with on-chain price exposure through synthetic assets with full transparency and no slippage.
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