The 22nd session of "MX DeFi" Yield Mining is coming. Users can stake MX, BTC, USDT,ETH to earn liquidity yield of DFINITY(ICP). The staking period will last 4 days. The details are as follow:
1. Activity starting time: 13:00, January 30(UTC+8), 2021
2. Staking period: January 30 - February 2 (4 days in total)
3. Staking coins and yield allocation:
MX: no hard cap; a total of 1,050 ICP liquidity yield (30% of the yield pool)
BTC: no hard cap; a total of 875 ICP liquidity yield (25% of the yield pool)
USDT: no hard cap; a total of 875 ICP liquidity yield (25% of the yield pool)
ETH: no hard cap; a total of 700 ICP liquidity yield (20% 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 MX to earn ICP, the yield supply of T day is 175 ICP 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:
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.
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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