MXC Will List QuarkChain (QKC) and Launch the 29th Session "MX DeFi"

Dear users,

MXC will list QuarkChain(QKC) on the Innovation board and open trading for QKC/USDT trading pair at 20:00(UTC+8), February 15. And MXC will launch the 29th session "MX DeFi" on February 15. The details are as follows.

The 29th Session "MX DeFi" - Stake QKC, MX, BTC, ETH to Earn Yield of QuarkChain(QKC)

The 29th session of "MX DeFi" Yield Mining is coming. Users can stake QKC, MX, BTC, ETH  to earn liquidity yield of QKC. The staking period will last 4 days. The details are as follow:

1. Activity starting time: 14:00, February 15(UTC+8), 2021

2. Staking period: February 15 - February 18 (4 days in total)

3. Staking coins and yield allocation: 

• MX: no hard cap; a total of 960,000 QKC liquidity yield (40% of the yield pool)

• QKC: no hard cap; a total of 720,000 QKC liquidity yield (30% of the yield pool)

• BTC: no hard cap; a total of 360,000 QKC liquidity yield (15% of the yield pool)

• ETH: no hard cap; a total of 360,000 QKC liquidity yield (15% 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

4. 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 CTXC, the yield supply of T day is 1,140 QKC 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) * 1,140 QKC = 22.8 QKC

Note:

1. Entry standard: 0.01 ETH, 0.001 BTC, 100 QKC, 10MX 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. 

QuarkChain(QKC) Will be Listed on Innovation Board

1.Deposit & Withdrawal: opened

2. Trading: 20:00 (UTC+8), February 15

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

Project Details

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

Project Name: QuarkChain(QKC)

Official Website: https://quarkchain.io/

Block explorer: https://mainnet.quarkchain.io/ 

Total Supply: 10,000,000,000 QKC

Whitepaper: https://quarkchain.io/wp-content/uploads/2018/11/QUARK-CHAIN-Public-Version-0.3.5.pdf 

Twitter: https://twitter.com/Quark_Chain 

Telegram: https://t.me/quarkchainio 

Medium: https://medium.com/quarkchain-official 

Brief Introduction: 

QuarkChain is a blockchain underlying technology solution based on sharding technology. It has the characteristics of security, decentralization, high throughput and scalability. It will achieve transaction processing capabilities of more than 100,000 chains per second.

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

February 15, 2021