Dear users,
MEXC will list Gem Exchange and Trading (GXT) in the Innovation Zone and open trading for the GXT/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- GXT/USDT Trading: 2022-04-23 10:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the Gem Exchange and Trading community, the Gem Exchange and Trading team will launch a session of "MX DeFi'' to enable mining on GXT tokens from April 23 to April 25. Throughout the campaign, users can stake MX and GXT to earn liquidity yield on GXT. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-04-23 10:00 (UTC)
- Staking period: 2022-04-23 10:00 - 2022-04-25 16:00 (UTC)
The total yield pool includes 93,750 GXT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 75,000 GXT liquidity yield (80% of the yield pool)
- GXT: no hard cap; a total of 18,750 GXT 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 GXT” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GXT” 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 GXT, the yield supply of T day is 25,000 GXT 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) * 25,000 GXT = 500 GXT
Note:
- Minimum Entry Requirement: 10 MX and 15 GXT 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: Gem Exchange and Trading (GXT)
Total Supply: 500,000,000 GXT
Official Website: https://www.gxtglobal.com/en/index.html
Block Explorer (BEP-20): https://www.bscscan.com/token/0x3107c0a1126268ca303f8d99c712392fa596e6d7
Twitter: https://twitter.com/GXT25075644
Telegram: https://t.me/gemma_global_official
Discord: https://discord.com/invite/QSvVRT48cv
Instagram: https://www.instagram.com/gxt.official.account/
Reddit: https://www.reddit.com/user/gxt_global_notice
Project Brief Introduction:
GXT started as a blockchain project based on the diamond trading business. In 2019, the company launched a marketplace where users can purchase diamonds with GXT tokens. In addition, platforms based on the blockchain payment development module such as mobile payment force, shopping mall, and auction were also opened.
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:
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/ttQSts4uWC
Instagram: https://www.instagram.com/mexcglobal/
Blog: https://blog.mexc.com/
Refer a friend to enjoy a high rebate; create your personalized invitation link today: https://www.MEXC.com/invite
Buy USDT Instantly here: https://otc.mexc.com/
Enjoy trading on MEXC.
The MEXC Team
22 April 2022
