Dear users,
MEXC will list Luffy (LUFFY) in the Innovation Zone and open trading for the LUFFY/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- LUFFY/USDT Trading: 2021-12-25 08:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the LUFFY community, the Luffy team will launch a session of "MX DeFi'' to enable mining on LUFFY tokens from December 24 to December 26 Throughout the campaign, users can stake MX and LUFFY to earn liquidity yield on LUFFY. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2021-12-24 02:30 (UTC)
- Staking period: 2021-12-24 02:30 - 2021-12-26 16:00 (UTC)
The total yield pool includes 16,666,666,666,666 LUFFY tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 13,333,333,333,333 LUFFY liquidity yield (80% of the yield pool)
LUFFY: no hard cap; a total of 3,333,333,333,333 LUFFY liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine LUFFY” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine LUFFY” 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 LUFFY, the yield supply of T day is 4,444,444,444,444 LUFFY 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) * 4,444,444,444,444 LUFFY= 88,888,888,888 LUFFY
Note:
- Minimum Entry Requirement: 10 MX and 8,143,322,476 LUFFY 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: Luffy (LUFFY)
Total Supply: 100,000,000,000,000,000 LUFFY
Official Website: https://luffytoken.com
Block Explorer (ERC-20): https://etherscan.io/token/0xc1bfccd4c29813ede019d00d2179eea838a67703
Telegram: https://t.me/luffyinu_official
Twitter: https://twitter.com/luffyinutoken
According to the LUFFY tokenomics, 9% of each LUFFY on-chain transfer will be charged. Therefore, the actual on-chain deposit amount to MEXC is 82% of your initial deposit amount.
Project Brief Introduction:
Luffy is a community-driven token running on the Ethereum Network. The Luffy metaverse will include; NFT Marketplace, Dex Platform, and Interactive Games.
Luffy was born on August 4th 2021 with a single mission, building an entire ecosystem for holders and fans alike. Luffy is built on a foundation of transparency and open communication with the community. Day 1 burns and renouncing the contract put the full control of the Luffy token in the hands of every holder.
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:
Medium: https://medium.com/mexcglobal
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Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite
Enjoy trading on MEXC.
The MEXC Team
23 December 2021
