Dear users,
The session of Kickstarter for Recharge (RCG) has concluded. Users have contributed a total of 59,677,896.17117441 MX to vote for RCG listing on MEXC!
Airdrop rewards have been distributed to users' accounts.
[RCG Listing Information]
- Deposit & Withdrawal: Opened
- RCG/USDT Trading in the Innovation Zone: 2022-07-19 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
Thank you for participating!
MEXC Exclusive: Recharge (RCG) MX Defi is Launching!
Exciting News! To celebrate the launch of RCG on MEXC, the Recharge team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 21,000 RCG up for grabs!
"MX DeFi" - Stake MX and RCG to Earn Yield of RCG
Users can stake their MX and RCG to earn a liquidity yield of RCG over 3 days. Specific details are as below.
- Event starting time: 2022-07-19 14:00 (UTC)
- Staking period: 2022-07-19 14:00 - 2022-07-21 16:00 (UTC)
- Staking tokens and yield allocation:
MX: no hard cap; a total of 16,800 RCG liquidity yield (80% of the yield pool)
RCG: no hard cap; a total of 4,200 RCG 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 RCG, the yield supply of T day is 5，600 RCG 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) * 5,600 RCG = 112 RCG
Note:
- Entry standard: 10 MX, 10 RCG
- 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 RCG, please refer to: MEXC Kickstarter - Vote to Win Free 21,000 Recharge (RCG) Airdrops!
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.
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The MEXC Team
18 July 2022
