[Initial Listing]MEXC will List Export Motors Platform (EMP) and Launch the "MX DeFi" Session

Dear users,

MEXC will list Export Motors Platform (EMP) in the Innovation Zone and open trading for the EMP/USDT trading pair. The specific timeline is as shown below:

  • Deposit & Withdrawal: Opened
  • EMP/USDT Trading: 2022-04-13 15:00 (UTC)

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

 

To give thanks to the Export Motors Platform community, the Export Motors Platform team will launch a session of "MX DeFi'' to enable mining on EMP tokens from April 13 to April 15. Throughout the campaign, users can stake MX and EMP to earn liquidity yield on EMP. The staking period will last 3 days. Details are as follows:

  • Campaign start time: 2022-04-13 15:00 (UTC)
  • Staking period: 2022-04-13 15:00 - 2022-04-15 16:00 (UTC)

 

The total yield pool includes 214,600 EMP tokens. Hard cap and allocation details to each staking crypto asset are as follows:

  • MX: no hard cap; a total of 171,680 EMP liquidity yield (80% of the yield pool)
  • EMP: no hard cap; a total of 42,920 EMP 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 EMP” to join
  • Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine EMP” 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 EMP, the yield supply of T day is 57,226 EMP 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) * 57,226 EMP= 1,144 EMP

 

Note:

  • Minimum Entry Requirement: 10 MX and 30 EMP 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: Export Mortos Platform (EMP)

Total Supply: 1,000,000,000 EMP

Official Website: http://emptrade.io/

Block Explorer (ERC-20): https://etherscan.io/token/0x32a8e5c552e5cae231e33170d6495ab0af9e5a72

Twitter: https://twitter.com/emp_project

Telegram: https://t.me/emp_telegram

Whitepaper

 

Project Brief Introduction: 

The Export Motors Platform (EMP) aims to establish a block-chain tracking system for exported used car vehicles, vehicle information and export process data to create a transparent ecosystem for existing closed used car vehicles, sales management and trade tracking systems.

 

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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Enjoy trading on MEXC.

The MEXC Team

12 April 2022