The Carbon Credit Team MX DeFi Mining Session On MEXC Global

Ana Marie — Tue, 05 Jul 2022 02:40:07 +0000

MEXC Will Launch a Session of MX DeFi with Carbon Credit (CCT)

The Carbon Credit team will launch a session of “MX DeFi” to enable mining on CCT tokens from July 5 to July 7.

Throughout the campaign, users can stake MX and CCT to earn liquidity yield on CCT. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-07-05 03:00 (UTC)
Staking period: 2022-07-05 03:00 – 2022-07-07 16:00 (UTC)

The total yield pool includes 36,000 CCT tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 28,800 CCT liquidity yield (80% of the yield pool)

CCT: no hard cap; a total of 7,200 CCT 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 CCT” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine CCT” 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 CCT, the yield supply of T day is 12,000 CCT 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) * 12,000 = 240 CCT

Note:

Minimum Entry Requirement: 10 MX and 30 CCT 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 CC Token

CC Token is on a mission to revolutionise climate action by providing unique access to the world’s largest carbon market through blockchain technology.

They are founded on a fundamental belief in the power of technology to transform our world for the better.

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.