The Toncoin Team To Launch A MX DeFi Mining Session On MEXC Global

Published on:

The Toncoin team will launch a session of “MX DeFi” to enable mining on TON tokens from May 20 to May 22. Throughout the campaign, users can stake MX and TON to earn liquidity yield on TON. The staking period will last 3 days. Details are as follows:

  • Campaign start time: 2022-05-20 06:00 (UTC)
  • Staking period: 2022-05-20 06:00 – 2022-05-22 16:00 (UTC)

The total yield pool includes 18,496 TON tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 14,796 TON liquidity yield (80% of the yield pool)

TON: no hard cap; a total of 3,700 TON liquidity yield (20% of the yield pool)


Ways to participate:

a). Through Login into > select “Earn” > “MX DeFi” > find “Stake to mine TON” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine TON” 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 TON, the yield supply of T day is 4,932 TON 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) * 4,932 TON = 98.64 TON



  • Minimum Entry Requirement: 10 MX and 2 TON 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 Toncoin

Apart from processing millions of transactions per second, TON blockchain-based ecosystem has all the chances to give rise to a genuine Web3.0 Internet with decentralized storage, anonymous network, DNS, instant payments and various decentralized services.

Website | Twitter |

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.

Website | Twitter |



Market Stats:
BTC Dominance: 42.56%(-0.14%/24h)
ETH Dominance: 15.44%(+0.20%/24h)
Defi Market Cap: $38.04B(+14.75%/24h)
Total Market Cap: $957.21B(+1.00%/24h)
Total Trading Volume 24h: $61.05B(-6.77%/24h)
ETH Market Cap: $148.11B
Defi to ETH Ratio: 25.68%
Defi Dominance: 3.8%
Altcoin Market Cap: $549.79B
Altcoin Volume 24h: $37.42B
Total Cryptocurrencies: 19999
Active Cryptocurrencies: 9946
Active Market Pairs: 58876
Active Exchanges: 523
Total Exchanges: 1683