Dear users,
MEXC will list EdgeSwap (EGS) in the Innovation Zone and open trading for the EGS/USDT trading pair. The specific timeline is as shown below:
- Deposit: 2022-04-08 13:00 (UTC) & Withdrawal: 2022-04-11 10:00 (UTC)
- EGS/USDT Trading: 2022-04-08 13:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the EdgeSwap community, the EdgeSwap team will launch a session of "MX DeFi'' to enable mining on EGS tokens from April 07 to April 08. Throughout the campaign, users can stake MX and EGS to earn liquidity yield on EGS. The staking period will last 2 days. Details are as follows:
- Campaign start time: 2022-04-07 03:00 (UTC)
- Staking period: 2022-04-07 03:00 - 2022-04-08 16:00 (UTC)
The total yield pool includes 400,000 EGS tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 400,000 EGS liquidity yield (100% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine EGS” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine EGS” to join
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 EGS, the yield supply of T day is 133,333 EGS for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:
(10,000 / 500,000) * 133,333 EGS = 2,666 EGS
Note:
- Minimum Entry Requirement: 10 MX;
- If a user joins staking on day T, he/she can unlock the staking token on day T+1;
- The yield is calculated daily and will be distributed to the user's account on the next day.
Project Info
(This information is provided by the project team. Strictly for references only.)
Project Name: EdgeSwap (EGS)
Total Supply: 1,000,000,000 EGS
Official Website: https://edgeswap.io/
Block Explorer (ERC-20): https://etherscan.io/token/0xb009bfaaf85e53f55d8657781eb69feaaed83672
Twitter: https://twitter.com/EdgeSwap
Telegram: https://t.me/Edgeswap
Discord: https://discord.gg/3crw8TUddJ
Medium: https://medium.com/@EdgeSwap%0a
Project Brief Introduction:
EdgeSwap is an Ethereum-based Layer 2 trading protocol that adopts the ZK Rollup technology. With the industry’s top-grade hardware acceleration solution and circuit optimization system, EdgeSwap provides the market with high-performance, cost-effective swapping and farming services. At the same time, it protects users’ assets and privacy through the highest level of security among layer 2 scaling solutions.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.
Find us on:
Medium: https://medium.com/mexcglobal
Telegram: https://t.me/MEXCEnglish
MEXC trading: https://t.me/MEXCTradeofficial
Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/ttQSts4uWC
Instagram: https://www.instagram.com/mexcglobal/
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Enjoy trading on MEXC.
The MEXC Team
06 April 2022
