Dear users,
MEXC will list YuzuSwap (YUZU) in the Innovation Zone and open trading for the YUZU/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- YUZU/USDT Trading: 2022-04-24 10:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the YuzuSwap community, the YuzuSwap team will launch a session of "MX DeFi'' to enable mining on YUZU tokens from April 24 to April 26. Throughout the campaign, users can stake MX and YUZU to earn liquidity yield on YUZU. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-04-24 10:00 (UTC)
- Staking period: 2022-04-24 10:00 - 2022-04-26 16:00 (UTC)
The total yield pool includes 514,092 YUZU tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 411,274 YUZU liquidity yield (80% of the yield pool)
- YUZU: no hard cap; a total of 102,818 YUZU liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine YUZU” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine YUZU” 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 YUZU, the yield supply of T day is 137,091 YUZU 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) * 137,091 YUZU = 2,741 YUZU
Note:
- Minimum Entry Requirement: 10 MX and 50 YUZU respectively;
- 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: YuzuSwap (YUZU)
Total Supply: 500,000,000 YUZU
Official Website: www.yuzu-swap.com
Block Explorer (ERC-20): https://explorer.emerald.oasis.dev/token/0xf02b3e437304892105992512539F769423a515Cb/token-transfers
Telegram: https://t.me/yuzuswap_on_oasis
Twitter: https://twitter.com/Yuzu_Swap
Discord: https://discord.gg/G6tg6tyC
Project Brief Introduction:
YuzuSwap is the first Decentralized Exchange (DEX) built on Emerald, Oasis’ EVM Compatible ParaTime. Taking advantage of the low gas fees, high throughput, and instant finality of Emerald.
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
23 April 2022
