Artizen MX DeFi Mining Session
Throughout the campaign, users can stake MX and ATNT to earn liquidity yield on ATNT. The staking period will last 3 days. Details are as follows:
• Campaign start time: 2022-04-25 03:00 (UTC)
• Staking period: 2022-04-25 03:00 – 2022-04-27 16:00 (UTC)
Hard cap and allocation details:
• The total yield pool includes 700,000 ATNT tokens.
• MX: no hard cap; a total of 560,000 ATNT liquidity yield (80% of the yield pool)
• ATNT: no hard cap; a total of 140,000 ATNT liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine ATNT” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ATNT” 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 stake 10,000 MX to earn ATNT, the yield supply of T day is 186,666 ATNT 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) * 186,666 ATNT = 3,733 ATNT
- Minimum Entry Requirement: 10 MX and 100 ATNT 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.
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