A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell sharply from 0.85USDT. MEXC immediately suspended DMA/USDT trading on August 8th due to abnormal on-chain transactions.
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It is understood that although MEXC announced an emergency plan immediately and closed related trading activities, some users still incurred certain losses due to the incident.
In order to minimise users' loss, MEXC has withdrawn fund from the "MEXC Investor Protection Fund" to purchase USTD potion airdrops for affected users.
According to the relevant compensation benefits rules, users who traded DMA/USDT from 21:00 on August 7th to 09:20 on August 8th on MEXC will be eligible for this "USDT Airdrops Program". At present, MEXC has completed the distribution of compensation benefits for all the above-mentioned affected users.
Founded in April 2018, MEXC currently provides one-stop services such as spot, contract, leveraged ETF, NFT index, etc. It is currently the top 10 cryptocurrency trading platform in the world. At the beginning of its establishment, MEXC set up the "MEXC Investor Protection Fund". When platform investors suffer losses due to platform or market incidents, the "special fund" is used to compensate investors, such as the losses caused by the Dragoma incident...
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