On November 5th, the world's first decentralized trading platform for US stocks on the blockchain, Pionex MSX S1 Points Season and M Credit incentive mechanism, officially launched today. The MSX platform will conduct point statistics on real trading and holding behaviors of US stock spot, cryptocurrency contracts, and US stock contracts, with automatic settlement of the previous day's points at 10:00 AM (UTC+8) daily. M Credit serves as the core indicator for measuring user trading activity and contribution, and will also be used for the distribution and incentives of the platform token $MSX in the future. The calculation of M Credit not only considers trading volume but also examines position duration, profit and loss performance, and team Boost level to ensure fair incentives. The team Boost adopts a T+2 update mechanism for automatic synchronization. Historical trading points will be included in community incentives.

Core Mechanism: Real Trading Driven, Quantified Contribution Feedback

M Credit is the only core equity unit used by the MSX platform to measure users' real contributions. The system will comprehensively track users':

• Real trading volume;

• Position score (position value × holding time);

• Profit and loss performance;

• Team collaboration and Boost level.

These multidimensional data will collectively determine users' M Credit points, ensuring "more work, more rewards, real trading, real profits." Compared to the traditional single "trading volume" point system, the M Credit mechanism assesses contributions through comprehensive dimensions, preventing volume manipulation and truly benefiting real participants.

Calculation Rules: Daily Settlement, Public Transparency, Data Traceability

The points system only covers the three core products: US stock spot, cryptocurrency contracts, and US stock contracts, ensuring all data is verifiable and quantifiable.

The system will automatically identify abnormal trading behaviors (such as extremely short holding periods, repeated matching, etc.) to ensure fair incentives.

• Daily settlement mechanism: The system automatically updates the previous day's points at 10:00 AM (UTC+8) daily;

• Team Boost mechanism: Adopts a T+2 update rhythm, meaning points are settled the day after trading, and team levels and boosts are updated on the third day;

For example: Trading on October 1 → Points settled on October 2 → Boost updated on October 3.

The entire points process is fully automated, publicly transparent, and data traceable, allowing users to view daily contribution changes in real-time.

Team and Historical Incentives: Making Contributions "Valuable in the Past, More Sustainable in the Future"

In addition to individual trading contributions, team collaboration is a significant highlight of this mechanism. The collaborative trading activity among team members will enhance the overall Boost level, allowing the team to grow together and share profits. At the same time, MSX will retrospectively analyze historical real trading data, automatically identifying contributions from long-term active users and including them in the community incentive distribution scope. Users do not need to apply; the system automatically screens and allocates, ensuring early contributors also receive fair returns.

All points rules and incentive standards are based on the platform's official announcements as the sole authoritative source, and MSX will upgrade its customer service and community communication system to ensure consistent information and eliminate misleading and gray operational spaces. The platform insists on advancing governance upgrades in an institutionalized manner, allowing every user to receive deserved incentives under clear and fair rules.

Future Outlook: Long-term Incentives × Ecological Co-construction × Transparent Governance

M Credit is not just a point; it is an anchor of the MSX ecological value and will serve as the incentive distribution for the future platform token $MSX, becoming a long-term certificate for the joint growth of users and the platform. M Credit allows trading to go beyond price differences and become a process of long-term value accumulation for users. The market may fluctuate, but real contributions will not go to waste, creating a certainty return system for real participants in an uncertain market.

With the full launch of the S1 Points Season, MSX will continue to optimize the incentive model and strengthen community governance, aiming to establish the most open, transparent, and sustainable trading incentive standards in the industry, leading a new direction for incentives and governance in global digital financial platforms.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。