MEXC Global Launched The 78th Session Of “MX DeFi” For Avalaunch
MEXC Global Launched The 78th Session Of “MX DeFi” For Avalaunch XAVA token
Users can now Stake MX, USDT and TRX to earn yield of XAVA
1. Campaign start time: 2021-08-26 11:00 (UTC)
2. Staking period: 2021-08-26 11:00 (UTC) – 2021-08-28 15:00 (UTC)
3. The total yield pool includes 5,000 XAVA tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 3,000 XAVA liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 1,000 XAVA liquidity yield (20% of the yield pool)
TRX: no hard cap; a total of 1,000 XAVA 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 XAVA” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine XAVA” 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 XAVA, the yield supply of T day is 1,000 XAVA 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) * 1,000 XAVA = 20 XAVA
About Avalaunch
Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem.
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.
