MXC will list DSLA Protocol (DSLA) on the Innovation board and open trading for DSLA/USDT trading pair at 11:00(UTC+8), February 5. And MXC will launch the 24th session "MX DeFi" on February 4. The details are as follows.
The 24th Session "MX DeFi" - Stake BTC, ETH, DSLA, MX to Earn Yield of DSLA Protocol (DSLA)
The 24th session of "MX DeFi" Yield Mining is coming. Users can stake BTC, ETH, DSLA, MX to earn liquidity yield of DLSA. The staking period will last 4 days. The details are as follow:
1. Activity starting time: 11:00, February 4(UTC+8), 2021
2. Staking period: February 4 - February 7 (4 days in total)
3. Staking coins and yield allocation:
DSLA: no hard cap; a total of 4,000,000 DSLA liquidity yield (30% of the yield pool)
ETH: no hard cap; a total of 3,333,333 DSLA liquidity yield (25% of the yield pool)
BTC: no hard cap; a total of 3,333,333 DSLA liquidity yield (25% of the yield pool)
MX: no hard cap; a total of 2,666,666 DSLA liquidity yield (40% 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 DSLA, the yield supply of T day is 1,140 DSLA 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:
DSLA Protocol is a risk management framework that enables developers and infrastructure operators to reduce their users exposure to service delays, interruptions and financial losses, using self-executing service level agreements, bonus-malus insurance policies, and crowdfunded liquidity pools.
Its flagship use case is to offset the financial losses of proof-of-stake delegators and DeFi users, while incentivizing the good performance and reliability of staking pool operators and DeFi service providers such as Uniswap (AMM) and OpenSea (NFT).
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.