MXC will support ETH2.0 staking with one-click function soon. Users are able to stake ETH into BETH to participate in ETH 2.0 staking and enjoy BETH and MX double yield. Besides, MXC will enable BETH/USDT trading pair at a proper time.
ETH 2.0 staking
Participation: Website homepage > Activities > ETH 2.0 staking
(it is estimated to be online on December 3rd, please stay tuned.)
Staking Rules:
1. Entry standard: 0.1 ETH
2. Staking ratio: 1 ETH : 1 BETH;
3. Holding BETH will be deemed as participating in ETH 2.0 staking
4. Staking reward: Staking reward will be distributed after deducting the cost.
5. Staking APY: It is based on the total ETH 2.0 staking assets. The actual reward will be in accordance with staking conditions.
Note:
1. According to ETH2.0 blockchain rules, staking ETH is one-way operation. That means the staked ETH cannot be "unstake".
2. The estimated ETH staking period is 1 to 2 years or more, and the staked ETH may be converted into relevant ETH2.0 mainnet asset in the future. It will wholly depend on the progress and relevant events on the development of ETH2.0. Users shall be informed before participation.
3. There's no price for BETH before enabling the trading for BETH/USDT pair.
Participating in ETH 2.0 Staking to Enjoy BETH + MX Double Yield
Participation:
Website homepage > PoS pool > Savings
Atcivity period: Dec.3rd - Dec.31, 2020
Rules:
Users who participate in ETH 2.0 staking during the activity period and complete KYC verification are able to receive BETH + MX token yield equivalent of the BETH yield at the same time.
Note:
1. KYC verification is required for the prize.
2. The yield will be calculated one day after participating in PoS.
3. MX token yield will be distributed weekly and will be adjusted based on atual PoS income.
4. BETH will not be frozen. It is available for trading or withdrawal at any time.
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