Mouse Haunt Will Be Launching MX DeFi Yield Mining On MexcGlobal
The Mouse Haunt Token team will launch a session of “MX DeFi” to enable mining on MHT tokens from March 24 to March 26.
Throughout the campaign, users can stake MX and MHT to earn liquidity yield on MHT. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-03-24 06:00 (UTC)
- Staking period: 2022-03-24 06:00 – 2022-03-26 16:00 (UTC)
Hard cap and allocation details:
• The total yield pool includes 68,000 MHT tokens
• MX: no hard cap; a total of 54,400 MHT liquidity yield (80% of the yield pool)
• MHT: no hard cap; a total of 13,600 MHT liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “Stake to mine MHT” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine MHT” 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 MHT, the yield supply of T day is 18,133 MHT 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) * 18,133 MHT = 362 MHT
Note:
- Minimum Entry Requirement: 10 MX and 10 MHT respectively;
- If a user joins staking on day T, he/she can unlock the staking token on day T+1;
- The yield is calculated daily and will be distributed to the user’s account on the next day.
About Mouse Haunt
Mouse Haunt is a multiplayer play-to-earn game where players collect NFTs, farm tokens, breed characters and build levels. In this revolutionary game, players play as the heroes, as the villains and as the architects of the castles. If desired, players can exchange their earned tokens for real money.
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.
