To bring you a better trading experience and meet your diversified trading needs, MXC launches PROPS on Margin Trading and PoS Saving. The details are as follows:
PROPS Margin Trading
MXC will launch PROPS/USDT on margin trading at 17:30 (UTC+8), January 26, with 5x leverage long and short available. The daily loan fee rate for buying long and short is 0.095%.
PROPS on PoS Saving
MXC has launched PROPS on PoS Saving. The details are as follows:
1. Est. Annual Percentage Yield (APY): 3% (dynamic based on real pos yield)
2. The yield of PROPS will be settled by PROPS token, and the daily yield = PROPS position * (APR / 365).
3. The yield will start to be calculated 1 day after joining PROPS PoS saving.
4. User's PROPS position will be recorded daily. The minimum position of the day will be used to settle the yield.
5. PoS savings do not require to freeze assets, so withdrawal or trading is available at any time.
6. Users can quit PoS savings at any time, and the yield will be settled 1 day before the quiting date.
7. Participation method: Visit MXC official website/App - PoS Pool - PoS Savings - Find PROPS and click to join