Metavisa Launching On MEXC

Published on: 25.04.2022
Metavisa Launching On MEXC

Metavisa Protocol team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 585,000 MESA up for grabs!

“MX DeFi” — Stake MX and MESA to Earn Yield of MESA

Users can stake their MX and MESA to earn a liquidity yield of MESA over 3 days. Specific details are as below.

  • 1.Event starting time: 2022–04–25 10:00 (UTC)
  • 2.Staking period: 2022–04–25 10:00–2022–04–27 16:00 (UTC)
  • 3.Staking tokens and yield allocation:
  • MX: no hard cap; a total of 468,000 MESA liquidity yield (80% of the yield pool)
  • MESA: no hard cap; a total of 117,000 MESA 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”

APP: Find “MX DeFi” on the homepage to enter the event page — Select “Staking”

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 MESA, the yield supply of T day is 156,000 MESA 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) * 156,000 MESA = 3,120 MESA

Note:

  1. 1.Entry standard: 10 MX, 300 MESA
  2. 2.If users join staking on T day, users can unlock the coin on the T+1 day;
  3. 3.The yield is calculated daily and distributed to the user’s account the next day.

This process is the same as what it has posted here.

ABOUT Metavisa
MetaVisa is a Metaverse Credit System Based on the Blockchain Data.

Website | Twitter

ABOUT MEXC Global
MEXC Global
is a centralized exchange that employs a high-performance mega-transaction matching technology

Website | Twitter

RESOURCES
Medium

Market Stats:
BTC Dominance: 54.12%(+0.26%/24h)
ETH Dominance: 17.34%(-0.18%/24h)
Defi Market Cap: $86.77B(+5.55%/24h)
Total Market Cap: $2430.73B(+3.30%/24h)
Total Trading Volume 24h: $81.84B(+18.09%/24h)
ETH Market Cap: $421.55B
Defi to ETH Ratio: 20.58%
Defi Dominance: 3.4%
Altcoin Market Cap: $1115.22B
Altcoin Volume 24h: $45.49B
Total Cryptocurrencies: 30691
Active Cryptocurrencies: 10011
Active Market Pairs: 82135
Active Exchanges: 792
Total Exchanges: 8982
BTC: 66681.16$(0.06%/1H)
ETH: 3505.49$(0.1%/1H)
AVAX: 28.4$(0.36%/1H)
BNB: 591.52$(0.02%/1H)
MATIC: 0.54$(0.59%/1H)
FTM: 0.53$(1.05%/1H)
ADA: 0.44$(0.45%/1H)
DOT: 6.35$(0.2%/1H)
UNI: 7.99$(-0.24%/1H)
CAKE: 2.07$(0.2%/1H)
SUSHI: 0.75$(0.39%/1H)
ONE: 0.02$(0.1%/1H)