MXC will launch OGN on PoS Lending at 13:00 (UTC+8), April 26. MX token holders can not only enjoy the basic Annual Percentage Rate (ARP), but also the additional APR. The details are shown below:
1. Entry standard: 50 OGN; MX token position>= 1,000 MX
2. Basic Annual Percentage Rate (APR): 2%
3. Additional Annual Percentage Rate (APR) by holding MX token: 2.5%
(Total APR: 4.5%)
4. Minimum locking period: 14 days
(When the term expired, participants can either continue to lock or terminate the lock. The interest will be calculated based on the actual locking period.)
5. MXC reserves the right to end the lending activity anytime when the min. locking period expires.
6. Yield and Principal distribution time: 3 days after unlocking
7. Lending cap: 150,000 OGN. First come, first serve.
8. How to join: Click "Pos Pool" > Select "Lending" > Find "OGN" and click join
Note: Only users whose position of MX token greater than 1,000 MX token during the whole locking period are qualified to the additional ARP. Otherwise, the user can only acquire the basic Annual Percentage Rate (APR).
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MXC trading: https://t.me/MXCtrade
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Enjoying your trade on MXC.
The MXC team
April 26, 2020