Dear users,
Exciting News! Bit.Store (STORE) MX Defi Yield Mining is launching! There will be a total of 400,000 STORE staking rewards up for grabs!
"MX DeFi" - Stake MX and STORE to Earn Yield of STORE
The "MX DeFi" Yield Mining is here! Users can stake their MX and STORE to earn a liquidity yield of STORE over 3 days. Specific details are as below.
- Event starting time: 2022-01-27 10:00 (UTC)
- Staking period: 2022-01-27 10:00 to 2022-01-29 16:00 (UTC)
- Staking tokens and yield allocation:
MX: no hard cap; a total of 320,000 STORE liquidity yield (80% of the yield pool)
STORE: no hard cap; a total of 80,000 STORE liquidity yield (20% of the yield pool)
4.Participation method:
Web: Log in to the MEXC official website – Find “Earn” on the Navigation Bar – Click "MX DeFi" to enter the event page — Select "Staking"
APP: Find "MX DeFi" on the homepage to enter the event page – Select "Staking”
5.Liquidity yield calculation (daily):
User's daily yield amount = (User's staking value/total staking value) * Yield supply of the day
For example: Suppose User A stake 10,000 MX to earn STORE, the yield supply of T day is 106,666.67 STORE for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:
(10,000 / 500,000) * 106,666.67 STORE = 2,133.33 STORE
Note:
- Entry standard: 10 MX, 100 STORE
- If users join staking on T day, users can unlock the coin on the T+1 day;
- The yield is calculated daily and distributed to the user's account the next day.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.
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Enjoy trading on MEXC.
The MEXC team
27 January 2022
