Dear users,
MEXC will list Smart Reward Token (SRT) in the Innovation Zone and open trading for the SRT/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- SRT/USDT Trading: 2022-04-08 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the Smart Reward Token community, the Smart Reward Token team will launch a session of "MX DeFi'' to enable mining on SRT tokens from April 08 to April 10. Throughout the campaign, users can stake MX and SRT to earn liquidity yield on SRT. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-04-08 12:00 (UTC)
- Staking period: 2022-04-08 12:00 - 2022-04-10 16:00 (UTC)
The total yield pool includes 3,600,000 SRT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 2,880,000 SRT liquidity yield (80% of the yield pool)
- SRT: no hard cap; a total of 720,000 SRT 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 SRT” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine SRT” 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 SRT, the yield supply of T day is 960,000 SRT 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) * 960,000 SRT = 19,200 SRT
Note:
- Minimum Entry Requirement: 10 MX and 500 SRT 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: Smart Reward Token (SRT)
Total Supply: 15,000,000,000 SRT
Official Website: www.srcorp.io
Block Explorer (ERC-20): https://etherscan.io/token/0x22987407fd1fc5a971e3fda3b3e74c88666cda91
Twitter: https://twitter.com/srt_official_en
Telegram: https://t.me/SRT_official
Medium: https://medium.com/@marketing_94236
Project Brief Introduction:
The Smart Rewards Token platform recognizes that consumers are productive beings that can receive incentives for their existence and intends to contribute to the consumer economy through ‘small reward processing’ that has been overlooked.
Learn more about Smart Reward Token (SRT): What is Smart Reward Token (SRT)
Learn How to Buy Smart Reward Token (SRT)
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:
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Telegram: https://t.me/MEXCEnglish
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Enjoy trading on MEXC.
The MEXC Team
07 April 2022
