MXC Exchange Launched The 71st Session Of “MX DeFi” For Unicly Fewocious Collection
MXC Exchange launched the UFEWO token
Users can now Stake MX, USDT and UNIC to earn UFEWO. The staking period will last 3 days.
1. Campaign start time: 2021-07-25 10:00 (UTC)
2. Staking period: July 25 – July 27
3. The total yield pool includes 430,000 UFEWO tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 258,000 UFEWO liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 86,000 UFEWO liquidity yield (20% of the yield pool)
UNIC: no hard cap; a total of 86,000 UFEWO liquidity yield (20% of the yield pool)
4. Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine UFEWO” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine UFEWO” to join
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 stakes 10,000 MX to earn UFEWO, the yield supply of T day is 86,000 UFEWO for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of:
(10,000 / 500,000) * 86,000 UFEWO = 1,720 UFEWO
About MEXC
MXC Exchange is an exchange platform focusing on cryptocurrency assets, founded by some senior practitioner in blockchain industry and specialists from Wall Street, Japan, and Europe. MXC offers safer, smarter, and more convenient exchange services, together with selected blockchain asset, safety insurance, dedicated to building a world-leading cryptocurrency exchange platform.
