MEXC Global “MX DeFi” Yield Mining With Milo Inu
The Milo Inu team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 1,780,000,000,000 MILO up for grabs!
Users can stake their MX and MILO to earn a liquidity yield of MILO over 4 days. Specific details are as below.
“MX DeFi” – Stake MX and MILO to Earn Yield of MILO
- Event starting time: 2022-02-26 08:00 (UTC)
- Staking period: 2022-02-26 08:00 – 2022-03-01 16:00 (UTC)
- Staking tokens and yield allocation:
• MX: no hard cap; a total of 1,424,000,000,000 MILO liquidity yield (80% of the yield pool)
• MILO: no hard cap; a total of 356,000,000,000 MILO liquidity yield (20% of the yield pool)
- 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 Now”
• APP: Find “MX DeFi” on the homepage to enter the event page – Select “Staking Now”
- 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 MILO, the yield supply of T day is 474,666,666,666.67 MILO 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) * 474,666,666,666.67 MILO = 9,493,333,333.33 MILO
Note:
- Entry standard: 10 MX, 250,000,000 MILO
- 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.
About Milu Inu
In a dog world, lived a dog called Milo which is an average dog that can be seen across the street, living in the lowest level of the dog community, Milo get treated unfairly by the others. Despite, being treated in such unfair manner, not only does Milo did not give up but strong sense of justice is born within it. While Milo is looking for a way to solve starvation, it too insist on carrying out the duty as a partner of justice. Which later Milo is adopted by another mysterious dog that saw the inner good within Milo. That mysterious dog taught Milo on the art of the self-defense which is meant to be used to protect others. And so, Milo started its journey to help the comrades that he parted way with back then.
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.
