Dear WEEXers,

To ensure a fair and transparent airdrop distribution that rewards long-term WXT holders, WE-Launch has been upgraded with an average holdings snapshot system.

With this upgrade, there is no need to lock or stake your WXT. Simply join the event and maintain the required average hourly WXT holdings in your spot account during the event to qualify for airdrop rewards.

1. What is WE-Launch?

WE-Launch is a free airdrop rewards program designed for WXT holders. By holding WXT and participating in WE-Launch events, you can receive free airdrops of new project tokens and other rewards.

2. How to participate in WE-Launch

Step 1: Join the event

Go to the corresponding WE-Launch event page and select "Join Now".

Step 2: Maintain the required average WXT holdings

Multiple random snapshots of your WXT spot holdings will be taken every hour during the event to calculate your average holdings over the full event period.

To qualify for rewards, your average hourly WXT spot holdings during the event must be ≥ 300 WXT.

Step 3: Reward calculation

Rewards will be calculated based on your share of the final weighted holdings after the event ends.

Step 4: Reward distribution

Rewards will be distributed to your WEEX spot account according to the event rules. Refer to the event page and official announcements for the exact distribution time.

3. What is the "Average Holdings Snapshot Mechanism"?

Under the average holdings snapshot mechanism, multiple random snapshots of users' WXT spot holdings are taken every hour during the event. These snapshots are used to calculate each user's average hourly WXT spot holdings. Eligibility and reward allocation for WE-Launch airdrops are determined based on this result.

4. What does "Average Hourly Holdings ≥ 300 WXT" mean?

For example, if an event lasts three days, the total duration will be 72 hours. Snapshots of your WXT spot holdings will continue to be recorded during this period and used to calculate your average holdings throughout the event.

Example 1: Eligible

A user holds 300 WXT at the start of the event and continues holding the tokens throughout the event. If the average holdings remain at or above 300 WXT, the user will qualify for the airdrop.

Example 2: Not eligible

A user holds 300 WXT at the beginning of the event but sells the tokens shortly afterward and does not continue holding them. Since the average holdings fall below 300 WXT, the user will not qualify for rewards.

Example 3: Not eligible

A user holds no WXT during most of the event and only buys 300 WXT on the final day. If the average holdings during the event remain below 300 WXT, the user will not qualify for rewards.

5. Which WXT holdings count toward snapshots?

The following assets are included in snapshot calculations:
WXT held in your spot account

The following assets are not included:

• WXT in staking
• WXT held in any accounts other than your spot account 
• Locked, frozen, or restricted WXT
• Assets deemed ineligible under the event rules

6. Can I trade or withdraw WXT during the event?

Yes. Your WXT remains fully accessible during the event. You can trade or withdraw it from your spot account at any time. However, any changes to your holdings may affect your average holdings during the event, which may impact your eligibility and final rewards.

7. Do I need to lock my WXT to participate?

No. Simply select "Join Now" on the event page, and your average WXT spot holdings during the event will be calculated automatically.

8. Will I participate automatically just by holding WXT?

No. You must navigate to the event page and select "Join Now" for your holdings to be counted toward the event. Holding WXT alone does not automatically qualify you for rewards.

9. Are there any fees to participate in WE-Launch?

No. WE-Launch is a free airdrop program. There are no registration fees, participation fees, or hidden handling charges. 

10. Will I definitely receive rewards after joining?

No. To qualify for rewards, you must meet all of the following conditions:

• Successfully joined the corresponding WE-Launch event 
• Maintained the required average hourly WXT spot holdings during the event
• Met the event rules and platform eligibility requirements

Users who meet all requirements will be eligible for rewards.

11. How are WE-Launch rewards calculated?

Rewards will be calculated based on your share of the final weighted holdings after the event ends.

The calculation is as follows:

Estimated reward = (your final weighted holdings ÷ total final weighted holdings of all participants) × total reward pool

Your final weighted holdings = your effective holdings during the event × reward multiplier

The higher your share of weighted holdings, the larger your final reward allocation.

12. What are "Final Weighted Holdings"?

Final weighted holdings are the adjusted balance used to calculate your reward share.

Depending on the tier your effective holdings fall into, a multiplier will be applied to boost your average holdings into final weighted holdings.

Detailed tier and multiplier rules can be found on each specific event page.

13. Are there minimum or maximum eligible holdings limits?

Yes. Under standard event rules:

Minimum requirement: Average hourly WXT spot holdings ≥ 300 WXT

Maximum eligible holdings per user: 500,000 WXT

If a specific event has different rules, the rules shown on the event page will apply.

14. Can the same WXT holdings be used for multiple WE-Launch events simultaneously?

Yes. If multiple WE-Launch events are running at the same time, you may join each event separately. Your WXT spot holdings will be counted independently based on the rules of each event. No additional transfers or locking are required.

15. Is WE-Launch a "first-come, first-served" event?

No. Rewards are not distributed based on participation order. All rewards are calculated after the event concludes based on each eligible user's share of the final weighted holdings.

16. How many times can I participate?

Each verified account may participate once per WE-Launch event. You may still participate in other ongoing WE-Launch events.

17. When will I receive my airdrop rewards?

Refer to each event page and official announcements for reward distribution details and timelines. In most cases, you can check your reward results on the project page or in your reward history.

18. What may disqualify me from rewards?

Reasons for missing out on rewards include, but are not limited to:

• Not selecting "Join Now" for the event
• Average hourly WXT spot holdings during the event falling below the minimum requirement
• Holding WXT only in Earn products or accounts other than your spot account
• Using multiple accounts, false identity verification, malicious arbitrage, or other prohibited activities 
• Any other behavior that violates event rules or platform risk control policies

19. Does WEEX review user eligibility?

Yes. To ensure fairness, WEEX reserves the right to review user eligibility.

If any prohibited conduct is detected, including but not limited to malicious arbitrage, bulk registration, multi-account manipulation, or identity fraud, WEEX reserves the right to:

• Disqualify participants
• Suspend or deny reward distribution
• Recover previously distributed rewards
• Take further action in accordance with platform rules