The Revoland team will launch a session of “MX DeFi” to enable mining on REVO tokens from June 20 to June 22.

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

• Start time: 2022-06-20 15:00 (UTC)
• Staking period: 2022-06-20 15:00 – 2022-06-22 16:00 (UTC)

The total yield pool includes 50,000 REVO tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 40,000 REVO liquidity yield (80% of the yield pool)

REVO: no hard cap; a total of 10,000 REVO 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 REVO” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine REVO” 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 BioFi, the yield supply of T day is 13,333 REVO 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) * 13,333 REVO = 266.67 REVO

Note:

• Minimum Entry Requirement: 10 MX and 8 REVO 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 Revoland 

Revoland is an e-sport game based on Blockchain technology. You can gather your friends to form a team, battle with others and earn token rewards with just your skills. Revoland’s gameplay is designed to revolve around the combination of your personal skills and teamwork. Challenge yourself with various game modes: MOBA & Battle Royale, coming with monthly updates and attractive rewards.

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 |

Source

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