Introduction
Another amazing mining event has just come to an end, where CoinEx rewarded users with 80,000 SwissCheese for locking CET. If you missed the mining event, this article will provide you with insights into the campaign's major highlights.
CoinEx is a leading global cryptocurrency exchange that offers amazing opportunities for crypto users to earn free passive income. One of the innovative passive income opportunities from CoinEx is the Mining Events.
CoinEx mining is an initiative that allows the leading exchange to reward users with tradeable crypto tokens, like SwissCheese, by staking or locking their CET holdings for a specified duration.
This passive income initiative aims to reward users within the CoinEx ecosystem for their loyalty towards the exchange’s digital native currency, CET.
The just-concluded mining event, 'Lock CET to Share 80,000 SwissCheese,' had thousands of participants join the campaign from around the world. Let’s dive into the vital metrics of the event.
Important Highlights of The Lock CET To Share 80,000 SwissCheese Mining Event
The Lock CET To Share 80,000 SwissChess CoinEx mining event allowed eligible participants to stake between 100 to 50,000 CET for a fair share of the 80,000 SwissCheese prize pool.
CoinEx announced this event on April 16, 2025, on its official announcement page and various social media platforms. Below are the important details of the event.
- Eligibility Criteria: All CoinEx users who have verified their accounts and have at least 100 CET in their asset portfolio.
- Mining Event Duration (5 Days): The mining event took place from April 17th to 22nd, 2025. The early lock period started on April 16th, and the main event began on April 17th.
- Total SwissCheese Distribution Pool: CoinEx shared 80,000 $SWCH for 5 days.
- Daily Distribution Pool: CoinEx shared 16,000 $SWCH tokens daily throughout the event.
- Hourly Distribution Pool: CoinEx shared 666.666 $SWCH tokens every hour.
- Total CET Locked: Thousands of mining participants locked 36.24 million tokens during the mining event period.
- Minimum CET Staked: The minimum amount of locked CET permitted by CoinEx is 100.
- Maximum CET Staked: The minimum amount of locked CET permitted by CoinEx is 50,000.
- APY (Annual Percentage Yield): This event rewarded mining participants with an APR (Annual Percentage Reward) of 140.51% on their locked CET.
The Effect of The Mining Event on CET Utility
The previous mining events by CoinEx have successfully boosted the value of CET and expanded the token’s utility. The Lock CET To Share 80,000 SwissCheese mining event was no exception.
This mining event caused a major boost in CET’s utility by re-establishing it as the main player in the crypto exchange’s ecosystem.
Users locking their CET for a share of the 80,000 SwissCheese prize pool put to work an important use case of CET that gave them crypto incentives for utilizing their holdings.
One of the effects that took place almost immediately was an increase in CET lockup. As many users locked their CET, the amount of the token’s supply in circulation reduced drastically. Ultimately, this effect improved the stability of CET.
In addition, the huge number of deposits into the CET pool led to an increased demand for the token, particularly. A huge part of this demand came from new users who wanted to be part of the CET ecosystem and join the mining event.
The mining event solidified the image of the CoinEx native token as the gatepass needed to enjoy exclusive benefits in the CoinEx community, such as token rewards, access to early-stage tokens, and other crypto passive income opportunities.
The Lock CET to Share 80,000 SWCH tokens mining event reinforced CET’s unique value proposition to its holders. Also, this event has helped build stronger and long-lasting brand loyalty for CoinEx among both new and existing ecosystem members.
When CoinEx made its native digital currency the key to sharing in the 80,000 SWCH prize pool, it positioned CET as something more than a crypto asset that offers access to crypto trading discounts.
CoinEx positioned CET as the central tool for generally accessing more value within the CoinEx ecosystem.
This positioning will, in the future, enhance CET’s influence, expand its usage beyond mining activities, and influence how people within and outside the CoinEx ecosystem perceive the crypto asset.
The Effect of The Mining Event on CoinEx Ecosystem and Community Engagement
The announcement of the “Lock CET to Share 80,000 SwissCheese” mining event echoed throughout the CoinEx ecosystem on both the website and social media platforms.
The mining event was not just centered around token distribution. It strengthened the CoinEx community, increased user engagement, and projected CoinEx as a crypto exchange that rewards user loyalty, constant participation, and active engagement.
The campaign, from the moment of the announcement, sparked a common sense of purpose among CoinEx community members.
This CoinEx mining event helped develop a unified ecosystem that prioritized holding CET for the long term over short or mid-term speculation.
The cooperative mining ecosystem improved the native digital currency’s tokenomics, drew new attention to the CoinEx mining initiative, and positioned CET as a user-friendly, rewarding, and secure token.
The mining event spiked engagement metrics across our various social media platforms in the CoinEx ecosystem.
For instance, the number of active users on Telegram surged, and mentions on Twitter increased with official campaign hashtags like #CoinExMining and #LockCET.
More people engaged in the mining discussions on various social media platforms via user-generated content, tutorials on how to join the mining event, and educational content.
The various types of posts helped enhance user trust in the credibility of the CoinEx ecosystem.
Most importantly, the Lock CET to Share 80,000 SweeseCheese was a major gateway through which newer users from the general crypto community joined the CoinEx ecosystem.
More new users joined solely to earn free SwissCheese tokens. This influx of new members expanded the exchange’s user base and also exposed the new $SWCH token to the broader crypto community.
CoinEx demonstrated the strength of its token, CET, as the center of passive income opportunities within the ecosystem through this mining event. In addition, the mining event turned passive members of the ecosystem into active and engaging contributors.
This mining campaign helped CoinEx to build a more connected, loyal, stronger, contributing, engaging, and rewarding ecosystem.
What’s Next for CET Holders?
The just-concluded “Lock CET to Share 80,000 SwissCheese” campaign is not the end of the CoinEx mining event initiative. Rather, the event’s end signals that CoinEx is planning to double its rewards for loyal community members.
As long as you hold CET in your bag, the future has new and exciting passive income opportunities in store for you. You will get exclusive access to new token launches and more upcoming mining campaigns.
Although CoinEx has not yet announced the next mining event, rest assured that more token incentivization campaigns are already on the horizon.
Many of these upcoming campaigns will require you to lock your CET to earn free tokens in various crypto categories and expand your asset portfolio.
These upcoming mining campaigns are a continuation of the new token empowerment trend that CET holders enjoy as early movers in new and emerging projects in the crypto market.
Hence, buying and holding CET is not just for enjoying trading discounts on CoinEx. It also gives you access to exclusive passive income opportunities and rewarding events within the CoinEx ecosystem.
Make sure you don't miss the next mining event. It promises to offer more exciting rewards to participants. Do the following to be among the first participants of the upcoming events:
- Register on CoinEx and verify your account.
- Buy at least 100 CET.
- Follow us on our social media platforms and check our announcement page for the latest updates to be the first to know about our next mining event.
Remember, Coin Exchange Token ($CET) in your wallet is not just any other token. It is your ticket to the forefront of the future of crypto and Web3 in the CoinEx ecosystem.
Final Words
The just-concluded “Lock CET to Share 80,000 SwissCheese” mining campaign is an amazing display of how CoinEx focuses on rewarding loyal community members, supporting new crypto projects, and empowering its ecosystem.
The event was a complete success, with interesting metrics and highlights. This article has explored the most important details about the mining campaign.
Many CET holders who participated in the event saw it as a reaffirmation that CET is far more valuable than a trading discount token. To them, CET is the gatepass to accessing promising projects in their early stages and earning exclusive rewards.
Beyond a mining campaign, the 'Lock CET to Share 80,000 SwissCheese' triggered engagements in the global CoinEx community, increased users' trust in the CoinEx crypto brand, and onboarded thousands of new users into the CoinEx ecosystem.
CoinEx is committed to bringing other mining initiatives to its users. Hence, holding CET and staying active in the community are good ways to strategically position yourself to expand your asset portfolio through CoinEx passive income opportunities.
Those who participated in the Lock CET to Share 80,000 SwissCheese event can check their spot wallet for their token rewards. CoinEx distributed earned rewards to all mining participants one hour after the event ended.
If you missed this mining event, stay tuned to participate in the upcoming event by constantly checking our announcement page. Stay ready and allow your CET to do the work, earning you free crypto tokens in the next CoinEx mining event.
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