The 13th session of "MX DeFi" Yield Mining is coming. Users can stake USDT or LINA to earn liquidity yield of Linear (LINA). The details are as follows:
1. Staking period: 11:00, December 1st - 11:00, December 5 (UTC+8) (5 days in total)
2. Staking coins and yield allocation:
USDT: no hard cap; a total of 3,000,000 LINA liquidity yield (60% of the yield pool)
LINA: no hard cap; a total of 2,000,000 LINA liquidity yield (40% of the yield pool)
User's daily yield amount = (User's staking value / total staking value) * Yield supply of the day
For example: Suppose user A stake 10,000 USDT to earn LINA, the yield supply of T day is 5,000 LINA for USDT pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 USDT, then, User A can earn a yield of:
(10,000 / 500,000) * 5,000 LINA = 100 LINA
Note:
1. Entry standard: 1 USDT, 200 LINA respectively
2. If a users join staking on T day, he/she can unlocking the coin on the T+1 day;
3. The yield is calculated daily, and will be distributed to user's account on the next day.
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