MEXC Will Launch a Session of MX DeFi with UNIUM (UNM)

Dear users,

To give thanks to the UNIUM community, the UNIUM team will launch a session of "MX DeFi'' to enable mining on UNM tokens from April 14th to April 16th. Throughout the campaign, users can stake MX and UNM to earn liquidity yield on UNM. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-04-14 03:00 (UTC)
Staking period: 2022-04-14 03:00 - 2022-04-16 16:00 (UTC)

The total yield pool includes 1,233 UNM tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 986 UNM liquidity yield (80% of the yield pool)

UNM: no hard cap; a total of 247 UNM liquidity yield (20% of the yield pool)

Ways to participate:

a). Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “Stake to mine UNM” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine UNM” 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 stakes 10,000 MX to earn UNM, the yield supply of T day is 328.66 UNM 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) * 328.66 UNM = 6.57 UNM

Note:

Minimum Entry Requirement: 10 MX and 0.5 UNM 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: UNIUM (UNM)

Total Supply: 7,000,000,000 UNM

Official Website: https://UNIUM.network

Block Explorer: https://UNIUM.subscan.io

Twitter: https://twitter.com/Unium_official

Telegram: https://t.me/unium_global

Medium: https://medium.com/@unium.nft

Whitepaper

Project Brief Introduction:

UNIUM Network is the #1 TVL Smart Contract Hub for WASM + EVM on Polkadot.

Since winning its Parachain auction in January 2022, UNIUM Network has become the top Parachain in the Polkadot ecosystem in Total Value Locked and most Ethereum assets transferred over. UNIUM Network is the leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major layer 1 blockchains. UNIUM Network supports dApps using multiple virtual machines—namely WASM and EVM—and offers the best technology solutions and financial incentives via its Build2Earn and UNIUM Incubation Program for Web3 developers to build on top of a secure, scalable, and interoperable blockchain.

Risk Warning

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