MEXC Will List Bonfida (FIDA) in Innovation Zone and Launch the "MX DeFi" Session

Dear users:

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

  • Deposit & Withdrawal: Opened
  • FIDA/USDT Trading: 14:00 2022-07-21 (UTC)

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

 

MEXC Exclusive: Bonfida (FIDA) MX DeFi is Launching!

Exciting News! To celebrate the launch of FIDA on MEXC, the Bonfida team will host MX DeFi Yield Mining activity exclusively for MEXC users. There will be a total of 23,530 FIDA up for grabs!

 

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

Users can stake their MX and FIDA to earn a liquidity yield of FIDA over 3 days. Specific details are as below. 

  1. Event starting time: 2022-07-21 14:00 (UTC)
  2. Staking period: 2022-07-21 14:00 - 2022-07-23 16:00 (UTC)
  3. Staking tokens and yield allocation:

MX: no hard cap; a total of 18,824 FIDA liquidity yield (80% of the yield pool)

FIDA: no hard cap; a total of 4,706 FIDA liquidity yield (20% of the yield pool)

 

  1. 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" 

APP: Find  "MX DeFi" on the homepage to enter the event page – Select "Staking” 

 

  1. 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 FIDA, the yield supply of T day is 6,274.67 FIDA 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) * 6,274.67 FIDA = 125.49 FIDA

 

Note:

  1. Entry standard: 10 MX, 20 FIDA
  2. If users join staking on T day, users can unlock the coin on the T+1 day;
  3. The yield is calculated daily and distributed to the user's account the next day.

 

Project Info 

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

Project Name: Bonfida (FIDA)

Total Supply:  1,000,000,000 FIDA

Official Website: https://bonfida.org/

Block Explorer (Solana): https://solscan.io/token/EchesyfXePKdLtoiZSL8pBe8Myagyy8ZRqsACNCFGnvp

Twitter: https://twitter.com/bonfida

Telegram: https://t.me/bonfidatg

Medium: https://bonfida.medium.com/

Discord: https://discord.com/invite/r4kMXyyd

Whitepaper

 

Project Brief Introduction: 

As one of the earliest builders on Solana and one of many firsts for the ecosystem, Bonfida aspires to show what can be done on the strongest performing blockchain. Major product is the Solana Name Service.

 

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 

https://twitter.com/MEXC_Fans 

Facebook: https://www.facebook.com/mexcglobal

Discord: https://discord.gg/vs4r8Mr5A8

Instagram: https://www.instagram.com/mexcglobal/ 

Blog: https://blog.mexc.com/

 

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Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite 

 

Enjoy trading on MEXC.

The MEXC Team

20 July 2022