MXC will list Cortex (CTXC) on the Innovation board and open trading for CTXC/USDT trading pair at 20:00(UTC+8), February 16. And MXC will launch the 28th session "MX DeFi" on February 15. The details are as follows.
The 28th Session "MX DeFi" - Stake MX, BTC, ETH to Earn Yield of Cortex (CTXC)
The 28th session of "MX DeFi" Yield Mining is coming. Users can stake MX, BTC, ETH to earn liquidity yield of CTXC. The staking period will last 4 days. The details are as follow:
1. Activity starting time: 12:00, 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 70,000 CTXC liquidity yield (70% of the yield pool)
BTC: no hard cap; a total of 15,000 CTXC liquidity yield (15% of the yield pool)
ETH: no hard cap; a total of 15,000 CTXC 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 17,500 CTXC 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) * 17,500 CTXC = 350 CTXC
1. Entry standard: 10 MX, 0.001 BTC, 0.01 ETH, 1 USDT 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.
Cortex (CTXC) Will be Listed on Innovation Board
1.Deposit & Withdrawal: 11:00 (UTC+8), February 16
2. Trading: 20:00 (UTC+8), February 16
1. The price may move greatly for projects on Innovation Board, please be cautious of the risks.
2.CTXC is the mainnet token, please use the correct token to deposit.
(The information is provided by the project party. It is for reference only.)
Project Name: Cortex（CTXC）
Block explorer: https://cerebro.cortexlabs.ai/#/
Total Supply: 299,792,458
Cortex Blockchain is an open source public blockchain that seeks to solve one of the biggest challenges facing blockchains like Bitcoin and Ethereum today - on-chain AI execution.
Cortex Virtual Machine (CVM) is a framework that allows efficient machine learning inference on the Cortex blockchain. It enables the integration of machine learning models into smart contracts and dApps.
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.