The 14th Session "MX DeFi" Goes Live - Stake MX, USDT, BTC to Earn Yield of FileStar (STAR)

Dear users:

The 14th session of "MX DeFi" Yield Mining is coming. Users can stake MX, USDT or BTC to earn liquidity yield of FileStar (STAR). 

1. Staking period: 18:00, Dec.4 - 18:00 (UTC+8), Dec.6   (3 days in total)

2. Staking coins and yield allocation: 

• MX: no hard cap; a total of 1,500 STAR liquidity yield (50% of the yield pool)

• USDT: no hard cap; a total of 750 STAR liquidity yield (25% of the yield pool)

• BTC: no hard cap; a total of 750 STAR liquidity yield (25% of the yield pool)

3. Participation method:

•    Login MXC website > "MX DeFi" > find relevant product to join

•    MXC APP > Homepage > "MX DeFi" > find relevant product to join

    (Users can directly click the link here to join: https://www.mxc.com/mx-defi/list)

4. Liquidity yield calculation (daily):

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 STAR, the yield supply of T day is 5,000 STAR 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 STAR = 100 STAR

Note:

1. Entry standard: 10MX, 1 USDT, 0.001 BTC 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. 

Project Details:

Project Name: FileStar (STAR)

Official website: https://filestar.net/zh

Blockchain explorer: https://filestar.info/zh

Max supply: 2,000,000,000 STAR

Circulating supply: 519,407 STAR

Twitter: https://twitter.com/FileStarProject

Telegram: https://t.me/filestarofficial

Medium: https://filestarofficial.medium.com/

Brief introduction: FileStar has implemented a more reasonable distributed storage incentive mechanism based on Filecoin through technological innovations, refined design for economic model and governance mechanism, and has gradually evolved from distributed storage to distributed Internet incentive layer. FileStar will realize the optimal use of computing, bandwidth, and storage resources, and eventually become the physical world infrastructure for building Web3.0.

Find us on:

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Discord:    https://discord.gg/zu5drS8

Register an account of MXC here:

https://www.mxc.com/auth/signup?inviteCode=12wvM    

Enjoying your trade on MXC.

The MXC team

December 4, 2020