Dear users,
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 liquidity yield (30% of the yield pool)
-
BTC: no hard cap; a total of liquidity yield (25% of the yield pool)
-
USDT: no hard cap; a total of liquidity yield (25% of the yield pool)
-
ETH: no hard cap; a total of 700 ICP 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 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:
(10,000 / 500,000) * 175 ICP = 3.5 ICP
Note:
1. Entry standard: 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.
Comments
0 comments
Article is closed for comments.