To better support the development of DeFi ecosystem, MXC will launch EQL- DeFi Mining Product at 20:00(UTC+8), October 5. Users can mine EQL (Equalizer) token reward by locking ETH. The details are as follows:
1. Hard cap: 1000 ETH
2. Entry Standard: 0.05 ETH
3. Est. annualized yield rate: 20%~100%
4. Min. locking period: 5 days
5. Yield distribution: the yield will be distributed in EQL or ETH, and the specific token types will be adjusted according to actual conditions
6. Unlocking time: auto-unlocked after maturity
7. How to participate?
Login > PoS Pool > DeFi Mining > ETH Mining
Since the project is a liquid mining project, during the lock-up period, it may suffer uncompensated losses due to the drop in token prices.
In order to protect the interests of users, MXC will exclusively launch an impermanent loss compensation system. If impermanent losses occur during the lock-up period, the MXC will offset the project's profits. If the profit is not enough to offset, all losses will be paid by the standby fund of the MXC Pool on behalf of the user to protect the user's principal from impermanent loss.
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MXC trading: https://t.me/MXCtrade
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Enjoying your trade on MXC.
The MXC team
October 5, 2020