MEXC Will List Idavoll DAO (IDV) and Launch a Session of “MX DeFi”

Dear users,

MEXC will list Idavoll DAO (IDV) in the Innovation Zone and open trading for IDV/USDT trading pair. The specific timeline is as shown below:

Deposit & Withdrawal: Opened
IDV/USDT Trading: 2022-03-01 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 Idavoll DAO community, the Idavoll DAO team will launch a session of "MX DeFi'' to enable mining on IDV tokens from March 01 to March 03. Throughout the campaign, users can stake MX and IDV to earn liquidity yield on IDV. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-03-01 10:00 (UTC)
Staking period: 2022-03-01 10:00 - 2022-03-03 16:00 (UTC)

The total yield pool includes 3,500,000 IDV tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 2,800,000 IDV liquidity yield (80% of the yield pool)

IDV: no hard cap; a total of 700,000 IDV 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 IDV ” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine IDV ” 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 IDV, the yield supply of T day is 933,333 IDV 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) * 933,333 IDV = 18,666 IDV

Note:

Minimum Entry Requirement: 10 MX and 500 IDV 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: Idavoll DAO (IDV)

Max Supply: 2,000,000,000 IDV

Official Website: https://www.idavoll.network/

Block Explorer (ERC-20): https://etherscan.io/token/0x92ec47df1aa167806dfa4916d9cfb99da6953b8f

Twitter: https://twitter.com/idavollDAO

Telegram: https://t.me/idavollglobal

Medium: https://idavolldao.medium.com/

Whitepaper

Project Brief Introduction:

Idavoll DAO is a Decentralized Autonomous Organization (DAO) management service provider that unpacks necessary infrastructure and services, to enable better project/user communication and management, that includes DAO creation and management toolbox, court, investment concurrent resolution and social discussion panel.

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

Telegram: https://t.me/MEXCEnglish

MEXC ETF: https://t.me/MEXCETFCommunity

MEXC Futures: https://t.me/MEXCFutures

Twitter: https://twitter.com/MEXC_Global

Facebook: https://www.facebook.com/mexcglobal

Instagram: https://www.instagram.com/mexcglobal/

Medium: https://medium.com/mexcglobal

Discord: https://discord.gg/agZNfksc2T

Buy USDT Instantly here: https://otc.mexc.com/

Create your own referral link today and start inviting friends to enjoy great rebates:

https://www.mexc.com/invite