⚡️ ME pre-market trading has launched @MagicEden announced that the TGE date is set for December 10 | What points need to be focused on?
Magic Eden token EM currently has pre-market trading amounts between 3-3.5;
As the $ME token TGE is approaching, here are several key points to pay special attention to:
1️⃣ TGE Date: December 10
Qualification Check: Users should closely monitor how to confirm whether their wallet is eligible to participate in TGE and how to claim tokens.
Reward Distribution: Understand how $ME tokens are distributed, especially based on past trading activities, holdings, or other forms of participation.
Currently, the official announcement of $ME distribution is based on the following three principles:
1) Real Users: This distribution mechanism aims to fairly reward true contributors in the community; the closer an account's behavior is to that of a real user, the more $ME they will receive.
2) Cross-chain activities: Rewards for users active on multiple chains; interactions with Sol, BTC, EVM, and Runes will count towards your total allocation. Those who have used Launchpad and Magic Eden Wallet will also receive rewards. Allocations will be weighted based on the total contribution of the chain to the ecosystem.
3) Loyalty: Rewards for users who use the protocol long-term and continuously; in addition, OG users may receive a small additional reward.
2️⃣ $ME has already started pre-market trading on the following CEX:
The current price is between 3-3.5U, meeting public expectations!
• Coinbase
• OKX
• Bybit
• Bitget
• http://Gate.io
• MEXC
• Kucoin
⚡️ It is especially noted that the token allocation eligibility announced by ME, the team receives 26.2%, and investors receive 23.6%.
The founding team of Magic Eden will be locked for 18 months, and investors will also be locked for 12 months.
After the TGE ends, 37.7% will be returned to the community in the form of direct rewards to users and ecosystem grants, which the community will jointly decide.
