MCDEX Trading Mining V2 on BSC

MCDEX announced the brand new trading mining V2 on BSC with total rewards 95,000 MCB, from UTC 00:00 October 4th to 00:00 October 18th.

The trading rewards will be distributed to traders based on the formula that rewards a combination of fees paid, open interest and staking score.MCB will be distributed on a 14-day epoch basis and is not subject to any vesting or lockups. The number of MCB of each epoch is determined by MCDEX DAO governance.

A trader can obtain the Staking Score by locking MCB in the staking smart contract. The lock time of staking is 100 days.

If the trader stakes multi times, the remaining lock time is the weighted average value derived during each staking.

About MCDEX

MCDEX is the first fully-permissionless DEX for trading perpetual contracts, powered by MCDEX’s revolutionary AMM technology.