MEXC Global “MX DeFi” Yield Mining With Dreamverse
The Dreamverse team will host MX Defi Yield Mining activity exclusively for MEXC users.
There will be a total of 1,040,000 DV up for grabs!
“MX DeFi” – Stake MX and DV to Earn Yield of DV
Users can stake their MX and DV to earn a liquidity yield of DV over 3 days. Specific details are as below.
- Event starting time: 2022-03-09 07:00 (UTC)
- Staking period: 2022-03-09 07:00 – 2022-03-11 16:00 (UTC)
- Staking tokens and yield allocation:
• MX: no hard cap; a total of 832,000 DV liquidity yield (80% of the yield pool)
• DV: no hard cap; a total of 208,000 DV 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 DV, the yield supply of T day is 277,333.33 DV 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) * 277,333.33 DV = 5546,67 DV
Note:
- Entry standard: 10 MX, 300 DV
- 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 Dreamverse
Dreamverse is a virtual world that restores many stars, top IP worlds such as movies, animation and games and the real world with high fidelity and refinement.
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.
