The 12th session of "MX DeFi" Yield Mining is coming. Users can stake USDT, BTC or MX to earn liquidity yield of Alaya (ATP). The details are as follows:
1. Staking period: from 20:00 (UTC+8), Nov.29 to 20:00 (UTC+8), Dec.3 (5 days in total)
2. Staking coins and yield allocation:
USDT: no hard cap; a total of 10,000 ATP liquidity yield (50% of the yield pool)
BTC: no hard cap; a total of 5,000 ATP liquidity yield (25% of the yield pool)
MX: no hard cap; a total of 5,000 ATP liquidity yield (25% 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 ATP, the yield supply of T day is 5,000 ATP 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:
Brief introduction: Alaya is a business sandbox and testing field for the next-generation of financial infrastructure of PlatON, a global data asset computing infrastructure with cutting-edge privacy-preserving architecture. While Alaya and PlatON share the almost identical underlying technology, they maintain their respective degrees of openness and independent activities. Despite sharing the same vision and ideas, their evolution paths and specializations differ.
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