Dear users,
MEXC will list Crypto Cavemen Club (CAVE) in the Innovation Zone and open trading for CAVE/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- CAVE/USDT Trading: 2022-02-07 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the Crypto Cavemen Club community, the Crypto Cavemen Club team will launch a session of "MX DeFi'' to enable mining on CAVE tokens from February 07 to February 09. Throughout the campaign, users can stake MX and CAVE to earn liquidity yield on CAVE. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-02-07 14:00 (UTC)
- Staking period: 2022-02-07 14:00 - 2022-02-09 16:00 (UTC)
The total yield pool includes 50,000 CAVE tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 40,000 CAVE liquidity yield (80% of the yield pool)
CAVE : no hard cap; a total of 10,000 CAVE 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 CAVE” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine CAVE” 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 CAVE , the yield supply of T day is 13,333 CAVE 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) * 13,333 CAVE = 266 CAVE
Note:
- Minimum Entry Requirement: 10 MX and 8 CAVE 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: Crypto Cavemen Club(CAVE)
Max Supply: 100,000,000 CAVE
Official Website: https://www.cryptocavemen.io/
Block Explorer: Solana
https://solscan.io/token/4SZjjNABoqhbd4hnapbvoEPEqT8mnNkfbEoAwALf1V8t
Twitter: https://twitter.com/TheCavemenClub
Discord: https://discord.com/invite/day2aP3P8k
Project Brief Introduction:
$CAVE powers the upcoming NFT game being built by CaveWorld on Solana blockchain. It is a native Solana token that will bridge players allowing them to get paid for playing the game by rewarding players with CAVE token as well as allowing the purchases of real estate and ingame items to be done through the token.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange 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:
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Enjoy trading on MEXC.
The MEXC Team
06 February 2022
