Dear users,
To give thanks to the SolChicks community, MEXC will launch the "MX DeFi'' Session to enable mining on CHICKS tokens from January 20th to January 22nd. Throughout the campaign, users can stake MX and CHICKS to earn liquidity yield on CHICKS. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-01-20 02:00 (UTC)
- Staking period: 2022-01-20 02:00 - 2022-01-22 16:00 (UTC)
The total yield pool includes 251,000 CHICKS tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 200,800 CHICKS liquidity yield (80% of the yield pool)
CHICKS: no hard cap; a total of 50,200 CHICKS liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine CHICKS” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine CHICKS” 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 CHICKS, the yield supply of T day is 66,933 CHICKS 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) * 66,933 CHICKS = 1,338CHICKS
Note:
- Minimum Entry Requirement: 10 MX and 10 CHICKS 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: SolChicks (CHICKS)
Total Supply: 10,000,000,000 CHICKS
Official Website:https://www.solchicks.io/
Telegram: https://t.me/solchicksNFT
Twitter: https://twitter.com/SolChicksNFT
Medium: https://solchicks.medium.com/
Discord: https://discord.com/invite/solchicks
Project Brief Introduction:
SolChicks is one of the first NFT-driven games built on the Solana blockchain centered around adorable SolChick NFT collectibles. $CHICKS is the governance token for SolChicks and is a cost of breeding for the SolChicks NFTs.
Risk Warning
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The MEXC Team
19 January 2022