Dear users,
MEXC will list MetaFinance (METAFI) in the Innovation Zone and open trading for METAFI/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- METAFI/USDT Trading: 2022-03-29 03:00 (UTC)
Note:
1. The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
2. MetaFinance (MFI) ticker will be named as METAFI on MEXC. Please take note before proceeding with the deposit and withdrawal.
To give thanks to the MetaFinance community, the MetaFinance team will launch a session of "MX DeFi'' to enable mining on METAFI tokens from March 28 to March 30. Throughout the campaign, users can stake MX and METAFI to earn liquidity yield on METAFI. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-03-28 03:00 (UTC)
- Staking period: 2022-03-28 03:00 - 2022-03-30 16:00 (UTC)
The total yield pool includes 86 METAFI tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 68.8 METAFI liquidity yield (80% of the yield pool)
METAFI: no hard cap; a total of 17.2 METAFI 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 METAFI” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine METAFI” 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 METAFI, the yield supply of T day is 22.93 METAFI 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) * 22.93 = 0.458 METAFI
Note:
- Minimum Entry Requirement: 10 MX and 0.015 METAFI 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: MetaFinance (METAFI)
Max Supply: 420,000 METAFI
Official Website: https://metafinance.com
Block Explorer (ERC-20): https://etherscan.io/token/0xEaDC218Ac4cB7895a5A56e6484646b48f841C45a
Twitter: https://twitter.com/MetaFinance_MFI
Telegram: https://t.me/metafinanceglobal
Project Brief Introduction:
MetaFinance is a community-driven DeFi integrated business where income generated through our services is shared with token holders. MetaFinance includes multi-chain pools, DEX aggregator, DAO and NFT markets.
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
27 March 2022
