Dear users:
MXC will list Lien (LIEN) and Pickle Finance (PICKLE) in Assessment Zone, and open trading for LIEN/USDT and PICKLE/USDT trading pairs. The specific timeline is shown below.
Lien (LIEN)
Deposit and withdrawal: Opened
Trading: 17:00 UTC+8, September 14
Pickle Finance (PICKLE)
Deposit and withdrawal: Opened
Trading: 18:00 UTC+8, September 14
Note: Projects in Assessement Zone are still in its early stage, so its price may experience large fluctuation. Users shall be cautious of the investment risks and potential delisting risks.
Project Details
(The information is from the Internet. It is for reference only)
1.
Project name: Lien (LIEN)
Project official website:
Block Explorer:
Total supply:
Project profile:
The Lien protocol allows anyone to create ETH derivatives in a simple and elegant way. The innovative features of this protocol include providing a secure market for derivatives that will not be liquidated, establishing a fully decentralized stablecoin designed to be fully functional but will not cause excessive staking, and a similar The complex governance mechanism of MakerDao. LIEN is a utility token, and token holders can get the Lien protocol and FairSwap commission refund.
For project details, please visit the project official website mentioned above.
2.
It is described that the project is to distribute $PICKLEs to liquidity providers of four stablecoin pools: DAI/ETH USDC/ETH USDT/ETH sUSD/ETH
It is claimed that more rewards are given to below-peg stablecoin pools and fewer rewards are given to above-peg stablecoin pools. This gets people to sell above-peg stablecoins and buy below-peg stablecoins. Pickle will also give rewards to an ETH-PICKLE pool. This takes care of the case where all stablecoins are above peg. There will likely be other pools as well.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high quality coins, but will not be responsible for your investment losses.
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Enjoying your trade on MXC.
The MXC team
September 14, 2020
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