Dear users,
MEXC will list DEAPcoin (DEP) in the Innovation Zone and open trading for the DEP/USDT trading pair. The specific timeline is shown below:
- Deposit & Withdrawal: Opened
- DEP/USDT Trading: 2022-04-07 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
"MX DeFi" - Stake MX and DEP to Earn Yield of DEP
The "MX DeFi" Yield Mining is here! Users can stake their MX and DEP to earn a liquidity yield of DEP over 3 days. There will be a total of 2,991,200 DEP staking rewards up for grabs!
Specific details are as below:
- Event starting time: 2022-04-06 11:00 (UTC)
- Staking period: 2022-04-06 11:00 to 2022-04-08 16:00 (UTC)
- Staking tokens and yield allocation:
MX: no hard cap; a total of 2,392,960 DEP liquidity yield (80% of the yield pool)
DEP: no hard cap; a total of 598,240 DEP liquidity yield (20% of the yield pool)
4. 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”
5. 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 DEP, the yield supply of T day is 797,653.33 DEP 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) * 797,653.33 DEP = 15,953.07 DEP
Note:
- Entry standard: 10 MX, 300 DEP
- If users join staking on T day, users can unlock the coin on the T+1 day;
- The yield is calculated daily and distributed to the user's account the next day.
Project Info
(This information is provided by the project party. Strictly for references only.)
Project Name: DEAPcoin (DEP)
Total Supply: 30,000,000,000 DEP
Official Website: https://dea.sg/
Block Explorer:
(ERC-20) https://etherscan.io/token/0x1a3496c18d558bd9c6c8f609e1b129f67ab08163
(BEP-20) https://bscscan.com/token/0xcaf5191fc480f43e4df80106c7695eca56e48b18
Telegram: https://t.me/DEAPcoin_group
Twitter: https://twitter.com/PlayMining_SG
Medium: https://playmining.medium.com/
Discord: https://discord.com/invite/xWeHGdt?0619_06
Project Brief Introduction
PlayMining is the leading NFT game platform of the global GameFi (Game-based Decentralized Finance) industry. Launching on May 26th, 2020 as the world's first Play to Earn token economy, the service now has over 2 million players from 100 countries.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make the 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 safer, more efficient, and more reliable digital assets trading.
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
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
Instagram: https://www.instagram.com/mexcglobal/
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Enjoy trading on MEXC.
The MEXC team
6 April 2022
