Launchpad FAQ

This article contains the following sections:

1. Zoomex Launchpad Subscription Method

2. How does USDT subscription work?

3. Who is eligible for Zoomex Launchpad?

4. Which balances will be counted during the Snapshot Period?

5. What are the asset requirements to participate in Launchpad?

6. Can I participate in Launchpad using my Subaccount?

7. How to calculate the daily average USDT wallet balance?

8. Will the USDT I've committed be locked?

9. When can I start trading the new Spot pair?

10. If I place a limit sell order for USDT on the Spot trading platform but it hasn’t been filled yet, will my USDT balance snapshots be affected?

11. Can I uncommit the USDT I’ve committed during the Subscription Period?

 

1. Zoomex Launchpad Subscription Method

Commit USDT to win an allocation of project tokens.

2. How Does USDT Subscription Work?

Snapshots calculate the USDT balance in your Contract Account, Funding Account, and Spot Account.

The funds used for the final subscription must be transferred from the Funding Account.

3. Who is eligible for Zoomex Launchpad?

Eligibility depends on the specific restrictions of each event. By default, all users are eligible.

Refer to the specific Launchpad event details for exact criteria, as shown on the event page.

4. Which balances will be counted during the Snapshot Period?

Snapshots calculate the USDT balance in your Contract Account, Funding Account, and Spot Account.

5. What Are the Asset Requirements to Participate in Launchpad?

Please refer to the Launchpad event page for specific requirements.

6. Can I participate in Launchpad using my Subaccount?

No, Subaccount is not supported.

7. How to calculate the daily average USDT wallet balance?

A snapshot is taken hourly. Average Balance = Total of all snapshot balances / Total number of snapshots.

The total number of snapshots is fixed. For example, with a 7-day period and hourly snapshots, the total would be 7 * 24 = 168.

8. Will the USDT I've committed be locked?

Yes. The amount of USDT you've committed to the project will be locked and cannot be accessed for transfers, withdrawals or trades.

9. When can I start trading the new Spot pair?

You can trade the new Spot pair after it goes live on Zoomex. Please stay tuned to our blog announcements, or follow us on our official social media.

10. If I place a limit sell order for USDT on the Spot trading platform but it hasn’t been filled yet, will my USDT balance snapshots be affected?

No. All orders that have yet to be filled will still be included in your USDT balance snapshots.

11. Can I uncommit the USDT I’ve committed during the Subscription Period?

No, you cannot cancel the USDT that you’ve committed during the Subscription Period.