MXC Will List BambooDeFi(Bamboo) and Launch the 20th Session "MX DeFi"

Dear users,

MXC will list BambooDeFi(Bamboo) on the Innovation board and open trading for Bamboo/USDT trading pairs. The specific timeline is shown below.

Deposit & Withdrawal: opened

Trading: 11:00 (UTC+8),Feb. 2, 2021

Note: The price may move greatly for projects on Innovation Board, please be cautious of the risks. 

The 20th Session "MX DeFi" - Stake LTC, MX, BTC, or ETH to Earn Yield of  BambooDeFi(Bamboo)

The 20th session of "MX DeFi" Yield Mining is coming. Users can stake LTC, MX, BTC, or ETH to earn liquidity yield of BambooDeFi(Bamboo). The staking period will last 6 days. The details are as follow:

1. Activity starting time: 11:30 January 24th(UTC+8), 2021. The activity page will be online at the same time.
2. Staking period: January 24th - January 29th(6 days in total)
3. Staking coins and yield allocation:

• LTC: no hard cap; a total of  10,850  BAMBOO  liquidity yield (35% of the yield pool)
• MX: no hard cap; a total of 7,755 BAMBOO liquidity yield (25% of the yield pool)
• BTC: no hard cap; a total of 6,200 BAMBOO liquidity yield (20% of the yield pool)
• ETH: no hard cap; a total of 6,200 BAMBOO liquidity yield (20% of the yield pool)

4. Participation method:

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

5. 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 MX to earn Bamboo, the yield supply of T day is 1400 Bamboo for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of:

(10,000 / 500,000) * 1400 Bamboo = 28Bamboo

Note:

1. Entry standard: 10MX, 0.01ETH, 0.001 BTC, 0.01LTC  respectively
2. If a users join staking on T day, he/she can unlock the coin on the T+1 day;
3. The yield is calculated daily and will be distributed to the user's account on the next day. 

Project Details

(The information is provided by the project party. It is for reference only.)

Project Name: BambooDeFi(Bamboo)

Official website: https://www.bamboodefi.com/ 

Blockchain Explorer: https://etherscan.io/token/0xf56842Af3B56Fd72d17cB103f92d027bBa912e89  

Total supply: 5,177,408.34

Whitepaper: https://bamboodefi.com/assets/bamboo-whitepaper-en.pdf  

Brief Introduction: 

"Bamboo DeFi"

The collaborative platform, the object of the IEO (as this term is defined below) described in

this Whitepaper, through which the users of this platform will be able to make use of

services such as: YieldFarming + Yield farming with temporary blocking; Staking +

Staking with temporary blocking; voting systems; providing liquidity to pools;

receiving raindrops.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.

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Register an account of MXC here:

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

Enjoying your trade on MXC.

The MXC team

January 24, 2021