[Initial Listing] MEXC will List Paycer Protocol (PCR) and Launch the "MX DeFi" Session

Dear users,

MEXC will list Paycer Protocol (PCR) in the Innovation Zone and open trading for the PCR/USDT trading pair. The specific timeline is as shown below:

Deposit & Withdrawal: Opened
PCR/USDT Trading: 2022-03-01 12:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

Project Info

(This information is provided by the project team. Strictly for references only.)

Project Name: Paycer Protocol (PCR)

Max Supply: 750,000,000 PCR

Official Website: https://www.paycer.io/

Block Explorer (Polygon):

https://polygonscan.com/token/0xa6083abe845fbB8649d98B8586cBF50b7f233612

Twitter: https://twitter.com/paycerprotocol

Telegram: https://t.me/paycerprotocol

Discord: https://discord.gg/u3eMkUGf

Medium: https://paycerprotocol.medium.com/

Whitepaper

Project Brief Introduction:

Paycer is a bridge protocol that aggregates DeFi and crypto services cross-chain and combines them with TradFi to create new user-friendly financial products and services available on an easy to use platform.

"MX DeFi" - Stake MX and PCR to Earn Yield of PCR

Exciting News! The Paycer Protocol (PCR) team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 1,810,000 PCR up for grabs!

Users can stake their MX and PCR to earn a liquidity yield of PCR over 4 days. Specific details are as below.

Event starting time: 2022-02-28 12:00 (UTC)
Staking period: 2022-02-28 12:00 - 2022-03-03 16:00 (UTC)
Staking tokens and yield allocation:

MX: no hard cap; a total of 1,448,000 PCR liquidity yield (80% of the yield pool)
PCR: no hard cap; a total of 362,000 PCR liquidity yield (20% of the yield pool)

Participation method:

Web: Log in to the MEXC official website – Find "Earn" on the Navigation Bar – Click "MX DeFi" to enter the event page — Select "Staking Now"
APP: Find "MX DeFi" on the homepage to enter the event page – Select "Staking Now”

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 PCR, the yield supply of T day is 482,666 PCR 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) * 482,666 PCR = 9,653.33 PCR

Note:

Entry standard: 10 MX, 500 PCR
If users join staking on T day, users can unlock the coin on the T+1 day;
The yield is calculated daily and distributed to the user's account the next day.

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.

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