MITH and Raven Protocol Hot Pot Challenge on Binance DEX｜MITH x Raven Protocol 辦交易賽請你吃火鍋

Published in

MithrilOfficial

4 min readJun 20, 2019

*This post was originally posted on the Raven Protocol blog — reposting here.

Dear MITH, Raven Protocol, and Binance DEX community,

We are proud to have successfully executed the first ever Initial DEX Offering along with the Raven Protocol Launch on June 17th. It finished in < 1s.

The love in the Raven community Telegram has been amazing. Our family grew from 2K to 28K members in over a matter of days. It’s a little hectic in there, but we hear your feedback loud and clear.

We are amazed by all the great ideas you have to take RAVEN-F66 to whole new levels. As we’ve said on TG, be careful what you wish for :)

Raven is officially participating in the BEP2 Community Listing Program.

Hundreds and hundreds of you have been DM’ing all the admins encouraging us to participate. This is exciting to hear. We need all the support we can get. As an early stage project, we need to hustle to ensure everyone knows about Raven.

The highest in demand request has been launching a trading competition. We’ve never done one before. Our friends at MITH executed a super successful one on Binance DEX. We asked them for help. Without hesitation, they jumped on board to collaborate with us. That’s what Raven loves about the Binance Chain family — unconditional love and support.

So…. we’re excited to announce:

The MITH and Raven Protocol Hot Pot Challenge on Binance DEX
This is a Trading Competition with 25,000,000 RAVEN to be airdropped🚀

What’s a Hot Pot?

It’s a delicious soup you dunk meat and veggies into. Some might call it a Chinese fondue. The Japanese version is called Shabu-Shabu. You’ll find it in Korea too. Wikipedia explains it better :)

The important thing is.. did you know you can use $MITH to pay for hot pot in Taipei?!? We were impressed with the utility of this. The BNB ecosystem is strong and we wanna support it.

MITH, a decentralized social media platform that rewards all content creators, was the first project ever to launch on Binance Chain and list on Binance DEX.

Raven Protocol, a decentralized and distributed AI training platform that focuses on speed, joined the Binance Chain family soon after MITH.

Over hot pot, we realized both of our companies want their communities to understand the importance of Binance Chain and Binance DEX. So we joined forces to grow the ecosystem together and executed a token swap. Raven Protocol will HODL $MITH. MITH will HODL $RAVEN. The more the ecosystem supports each other the faster and further we will push the industry forward. Binance Chain projects will always help each other out.

RAVEN in the MITH wallet:
https://explorer.binance.org/tx/1044CA96AA8EB6332F325C0932D1836E030973FE7EEBFA2816A79339978C2B68

MITH in the RAVEN wallet:
https://explorer.binance.org/tx/1044CA96AA8EB6332F325C0932D1836E030973FE7EEBFA2816A79339978C2B68

How to win the Hot Pot Challenge?

To celebrate, we are giving away 25,000,000 RAVEN over a period of 5 days. You must use your winnings to get yourself a big 🍲hot pot and an ice cold 🍺#BNBeer.

The Hot Pot Challenge Period:

2019/06/21 0:00 AM -2019/06/26 0:00 AM (UTC)

Hot Pot Challenge Rules:

All Binance Chain addresses that meet the following requirements during each full day of the challenge period will equally share a pool of 3,000,000 RAVEN:

— Reach a trading volume of 600,000 or more RAVEN (including buys and sells) on Binance DEX
— Hold 100,000 RAVEN
— Hold 5,000 MITH
— Hold 1 BNB

Additionally, on each full day, the top 5 traders (by volume) who meet the requirements above will win up to 1,000,000 RAVEN tokens and have a hot pot meal with the Raven Protocol or MITH team.

1st place: 1,000,000 RAVEN
2nd place: 500,000 RAVEN
3rd place: 250,000 RAVEN
4th place: 150,000 RAVEN
5th place: 100,000 RAVEN

The hot pot challenge terms & conditions:

The recorded trading volume on each address will reset daily at 0:00AM UTC.
Raven Protocol reserves the right to cancel or amend the Hot Pot Challenge or the Hot Pot Challenge Rules at our sole discretion.
Each full day refers to 0:00 AM to 0:00AM of the next day (UTC), a full 24 hours.
RAVEN, MITH, and BNB balances for each day will be recorded in the last Binance Chain block after 0:00 AM (UTC), on the next day.
The recorded RAVEN trading volume on each address will reset daily at 0:00AM (UTC).
Rewards will be automatically be airdropped to eligible addresses at the end of the hot pot challenge after all results have been tallied.

Please ensure that you are familiar with Binance Chain and Binance DEX before participating in the activity. Step-by-step user guides are listed below.

Happy Hot Potting!

（文章內容參考 Raven Protocol 官方部落格）

為了慶祝 Raven Protocol 成為幣安鏈上的盟友，Mithril 與 Raven Protocol 合辦 Binance DEX 上的交易賽，於五天內送出 25,000,000 RAVEN，要在炎炎夏日送你去吃火鍋、喝啤酒！

為什麼是火鍋？

記得之前我們分享過可以用秘銀幣吃火鍋的消息嗎？前陣子 Machi X 的 Co-Founder 暨 CEO - Leo Cheng 到麻神麻辣火鍋體驗秘銀消費（如下圖），大大讚賞秘銀消費機制（以及食物），我們希望讓大家都有機會去體驗！

如何在「火鍋交易賽」獲勝？

活動時間：2019/06/21 0:00 AM -2019/06/26 0:00 AM (UTC)

所有幣安鏈上的地址在活動期間符合以下規則者可以每天平均瓜分 3,000,000 RAVEN：

— 在 Binance DEX 上交易總金額 600,000 RAVEN 以上（包含買幣及賣幣）
— 持有 100,000 RAVEN
— 持有 5,000 MITH
— 持有 1 BNB

另外，每天交易量排行前五名且符合以上規則者，除了有機會贏得 1,000,000 RAVEN，還可能與 Raven Protocol 或秘銀團隊共同享用火鍋！

1st place: 1,000,000 RAVEN
2nd place: 500,000 RAVEN
3rd place: 250,000 RAVEN
4th place: 150,000 RAVEN
5th place: 100,000 RAVEN

*請參考下方由 Raven Protocol 官方提供的活動條款

The hot pot challenge terms & conditions:

The recorded trading volume on each address will reset daily at 0:00AM UTC.
Raven Protocol reserves the right to cancel or amend the Hot Pot Challenge or the Hot Pot Challenge Rules at our sole discretion.
Each full day refers to 0:00 AM to 0:00AM of the next day (UTC), a full 24 hours.
RAVEN, MITH, and BNB balances for each day will be recorded in the last Binance Chain block after 0:00 AM (UTC), on the next day.
The recorded RAVEN trading volume on each address will reset daily at 0:00AM (UTC).
Rewards will be automatically be airdropped to eligible addresses at the end of the hot pot challenge after all results have been tallied.

活動前請先熟悉 Binance Chain 及 Binance DEX 的操作方式，或參考下方的操作步驟：