Announcement on No Yield of BAS Staking Will be Distributed for the 11th Day

Dear users,

Due to operating mechanism, Basis Cash official website data shows that BAS staking holders have no BAC dividends today. The MXC BAS staking  is consistent with the yield on the chain. MXC receives 100% of the revenue on behalf of the user, without any additional fees, and bears the risk of impermanent loss for the users due to the reduction of the principal. The MXC mining pool will use the profit of the project to offset the impermanent losses that may occur during the token staking period; if the profit is not enough to offset, all losses will be paid by the MXC pool’s reserve fund on behalf of the users to protect the user’s principal from impermanence loss erosion.

Users can deposit BAS at any time and participate in BAS staking to receive BAC reward. The highest annualized percentage yield in the past ten days is nearly 4000%. The specific operation and dividend mechanism can be queried on the project's official website: https://basis.cash/ 

Welcome to participate!

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Enjoying your trade on MXC.

The MXC team

January 7, 2021