Dear users,

To thank all users for their support, AAX and Phaeton (PHAE) will launch the activity of "limited time benefits - Participate in trade competition and carve up 20,000 PHAE" on December 23, 2021. The specific activity rules are as follows:

Event period: 09:00 (UTC) on December 23, 2021 - 09:00 (UTC) on December 30, 2021

Event 1: Follow & Retweet to Share 900 PHAE

To participate in this event, users should:

1. Follow Twitter(https://twitter.com/AAXExchange) accounts of AAX and the Twitter account of Phaeton (https://twitter.com/PhaetonOfficial ), and

2. Share or retweet our listing post of PHAE activities with the hashtag #AAXListsPHAE and tag three of your friends, and

3. Save the links of the retweet as well as your AAX UID and fill in the form: https://forms.gle/47yUGEtGDf8Hi7Wn8

Users will be picked randomly to receive an airdrop of 6 PHAE each.

Event 2: Trade PHAE to share 19,100 PHAE

During this event, users who trade PHAE will be ranked based on their PHAE trade volume (buy + sell) . The top 80 users with the largest net purchase volume can share a 19,100 of PHAE prize pool.

Rank

Reward amount (PHAE)

Trade amount(PHAE)

1

2,000

150,000

2-3

1,200/each

100,000

4-10

600/each

80,000

11-30

300/each

40,000

31-50

150/each

20,000

51-80

50/each

10,000

Phaeton is a blockchain technology and services company that has created a blockchain platform to make a social impact. With a suite of established technology, Phaeton Technology, under a strong management structure, is creating a social impact platform that incubates, develops, and collaborates with new and established business enterprises that address social and environmental challenges in line with the United Nation's Sustainable Development Goals.

The PHAE Coin is the native coin to Phaeton Blockchain and is used for transaction fees, delegates and rewards in the ecosystem. All staking interactions on the Phaeton Blockchain ecosystems are done through PHAE, governed by the validators part of the DPoS community. This Governance model empowers holders of PHAE coins in real terms regarding the platform's governance.

PHAE Official website: https://phaeton.io/

PHAE Explorer: https://explorer.phaeton.io/

PHAE Twitter: https://twitter.com/PhaetonOfficial

PHAE Telegram: https://t.me/Phaeton_Official

AAX Team

22 Dec

Terms and conditions:

1. During the activity period, if there is malicious wash trading activities, batch registration of numbers and other cheating behavior detected, AAX reserves the right to disqualify the users reward or freeze users’ accounts.

2. Rewards will be distributed in 7 days after this event ends.

Risk notice: Digital currency deals are risky. Please pay serious attention to your trading and purchase with care. AAX is not responsible for your loss due to any behavior of your trading.

______________________________________________

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AAX reserves all rights in this announcement, including but not limited to, the right to adjust, interpret and terminate it at any time without prior notice.

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