CoinEx Chain Foundation Support Program FAQ

Q1: What is the purpose of the Support Program?

A: In order to promote community construction and encourage more institutions and individuals to participate in the construction of the CoinEx Chain ecosystem, the CoinEx Chain Foundation will allocate 3 million CET each quarter for validators, institutions, and individuals who have contributed to the CoinEx Chain ecosystem in community (group) construction, content publicity and product R&D every quarter.

Q2: What are the application criteria?

A: Any validator, institution, and individual who has contributed to the CoinEx Chain ecosystem can apply for the support program every quarter.

Q3: How to be a validator of CoinEx Chain?

A: To be a CoinEx Chain validator, the following two conditions should be met with:

1)To stake at least 5 million CET on the chain;

2)Server hardware requirements for running a node are as below:

Q4: How to apply?

A: Applicants should apply online in the “Foundation” section in the Chinese or English section of the CoinEx Chain official website forum https://forum.coinex.org/. Application of community (group) construction should be submitted between the 11th to 15th of the first month of each quarter (respectively, January, April, July and October) , and application of product R&D should be submitted between the 11th to 15th of the last month of each quarter (respectively, June, September and December).

Q5: When is the deadline for application?

A: Awards are applied on a quarterly basis. The online application will be open from the 1st to the 15th of the first month and the last month of each quarter. Applicants should pay attention to the application time of each category.

Q6: When is the deadline for submission of materials?

A: After application, applicants should submit materials by email to [email protected] before the 25th of the last month of the quarter (respectively, March, June, September and December). The subject of the email is [applicant name + support category]. The receipt of the email is considered successful application. Overdue application will be deemed a waiver of application.

Q7: What are the rewards for the Support Program?

A: The CoinEx Chain Foundation will directly distribute rewards to qualified applicants of each category in the previous quarter in 3 working days.

Q8: How much are the rewards for the Support Program?

A: Product R&D/Community(Group) construction/Content publicity: Gold (1 winner) — 300,000 CET

Product R&D/Community(Group) construction/Content publicity: Silver (2 winners) — 200,000 CET

Product R&D/Community(Group) construction/Content publicity: Bronze (3 winners) — 100,000 CET

Q9: Can the CET obtained from the Support Program be deposited to a CoinEx address?

A: Yes. The support reward can be deposited to both the CoinEx DEX wallet and CoinEx address. Winners only need to provide a deposit address. The address requirements are as follows:

Deposit address of CoinEx DEX wallet:

  1. Go to the CoinEx DEX official website https://dex.coinex.org/, log in to your DEX web wallet and select the “Receive” function

  1. Copy the receiving address and reply to the notification email with the address

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Deposit address of CoinEx:

  1. Go to the CoinEx official website https://www.coinex.com/, log in to your account, and click the “Deposit” button in the currency of CET at the bottom of the “Account Assets” page

  1. Copy the CET deposit address and Memo address and reply to the notification email with these addresses. (Note: Please select “CET” for the public chain type and the Memo address must be provided; otherwise the reward distribution will be affected)

Q10: When can I receive the support awards?

A: The rankings publicity lasts from the 11th to 13th of the first month of each quarter. The day after the end of the publicity period, the CoinEx Chain Foundation will directly distribute rewards to qualified applicants of each category in the previous quarter in 3 working days.

Q11: Will all applicants for the Support Program be rewarded?

A: The CoinEx Chain Foundation only provides corresponding support rewards based on the rating level of each category every quarter. The rankings of each quarter will be dynamically changed according to applicants’ information and there may be some vacancies in the levels.

Q12: Can I apply for support rewards continuously?

A: Yes.

Q13: Can I choose to apply for multiple support categories?

A: No, each applicant can apply for one support category only. For applicants who have applied for multiple categories, the last application should prevail.

Q14: What are the scoring and rating standards?

A: The score will be calculated by the weighted average method (the total score of each category is 5 points):

The scoring standards are as follows:

The rating standards are as follows:

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Q15: Where can I see my ranking?

A: At 4:00 (UTC) on the 11th of the first month of each quarter (respectively, January, April, July and October), we will announce the rankings of each category in the previous quarter in the Chinese and English sections of the CoinEx Chain official forum, and the winners will be notified by email.

Q16: What do I need to pay attention to when applying for product R&D support?

A: 1) Please be sure to indicate in the application form the product development cycle, development cost and number of development team members;

  1. If your product cannot be downloaded on Android or iOS, please indicate the download address and download method;

  2. Please submit relevant application and certification materials by email to [email protected] before the 25th of the last month of the quarter (respectively, March, June, September and December), with the subject being [applicant name + support category];

  3. If there are other relevant supporting materials, please send them by email to [email protected] before the 25th of the last month of the quarter (respectively March, June, September and December), with the subject being [applicant name + support category].

Q17: What do I need to pay attention to when applying for community (group) construction support?

A: 1) If it is a WeChat group, please add the official assistant as friend on WeChat (WeChat: coinexchain) within 3 working days after successfully submitting the online application and invite the official assistant into the WeChat group;

  1. If it is a Telegram group, please add the CoinEx Chain official assistant on Telegram (Telegram: @CoinExChain) within 3 working days after successfully submitting the online application and invite the official assistant into the Telegram group.

  2. If you have provided resources for the CoinEx Chain Foundation and entered into cooperation with it, please indicate the type of project, the time of cooperation establishment, etc. by email to [email protected] before the 25th of the last month of the quarter (respectively, March, June, September and December) ), with the subject being [applicant name + support category];

  3. If there are other relevant supporting materials, please send them by email to [email protected] before the 25th of the last month of the quarter (respectively, March, June, September and December), with the subject being [applicant name + support category].

Q18: What do I need to pay attention to when applying for content publicity?

A: 1) Please provide a document with screenshots of distribution platforms, views, shares, likes, etc. and send it by email to [email protected] before the 25th of the last month of the quarter (respectively, March, June, September and December), with the subject being [applicant name + support category]

  1. If there are other relevant supporting materials, please send them by email to [email protected] before the 25th of the last month of the quarter (respectively, March, June, September and December), with the subject being [applicant name + support category].