Dear users,
The session of Kickstarter for Chainsquare (CHS) has concluded. Users have contributed a total of 49,865,521.390971236 MX to vote for CHS listing on MEXC!
Airdrop rewards have been distributed to users' accounts.
[CHS Listing Information]
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
Thank you for participating!
MEXC Exclusive: Chainsquare (CHS) MX Defi is Launching!
Exciting News! To celebrate the launch of CHS on MEXC, the Chainsquare team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 20,333 CHS up for grabs!
"MX DeFi" - Stake MX and CHS to Earn Yield of CHS
Users can stake their MX and CHS to earn a liquidity yield of CHS over 3 days. Specific details are as below.
- Event starting time: 2022-07-18 14:00 (UTC)
- Staking period: 2022-07-18 14:00 - 2022-07-20 16:00 (UTC)
- Staking tokens and yield allocation:
MX: no hard cap; a total of 16,266 CHS liquidity yield (80% of the yield pool)
CHS: no hard cap; a total of 4,067 CHS liquidity yield (20% of the yield pool)
- 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”
- 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 CHS, the yield supply of T day is 5,422 CHS 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) * 5,422 CHS = 108 CHS
Note:
- Entry standard: 10 MX, 10 CHS
- 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.
For more information regarding the Kickstarter event and project introduction of CHS, please refer to: MEXC Kickstarter - Vote to Win Free 33,000 Chainsquare (CHS) Airdrops!
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The MEXC Team
17 July 2022
