MEXC Global “MX DeFi” Yield Mining With Starbots
MEXC Global will launch the “MX DeFi” Session to enable mining on BOT tokens from January 13th to January 15th. Throughout the campaign, users can stake MX and BOT to earn liquidity yield on BOT. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-01-13 14:00 (UTC)
- Staking period: 2022-01-13 14:00 – 2022-01-15 16:00 (UTC)
The total yield pool includes 240,000 BOT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 192,000 BOT liquidity yield (80% of the yield pool)
BOT: no hard cap; a total of 48,000 BOT liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine BOT” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine BOT” to join
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 BOT, the yield supply of T day is 64,000 BOT 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) * 64,000 BOT = 1,280 BOT
About Starbots
Starbots is a BattleBots-inspired universe and the first-ever robot battle NFT game where players create fantasy robots to fight against other competitors, then collect NFT items and GEAR tokens.
Robots come in a variety of shapes and sizes. The body, weapon, gadget, and wheels are the four components of a complete robot. Players are allowed to collect these various parts, build and power up their own robots.
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.
