Voting Result and Listing Arrangement for Kickstarter - StreamCoin (STRM), MX Defi is Launching!

#Kickstarter

Dear users,

The session of Kickstarter for StreamCoin (STRM) has concluded. Users have contributed a total of 52,931,997.5751852 MX to vote for STRM listing on MEXC! 

Airdrop rewards have been distributed to users' accounts. 

 

[STRM Listing Information] 

  1. Deposit: Opened
  2. Withdrawal: 2022-05-07 04:00 (UTC)
  3. STRM/USDT Trading in the Innovation Zone: 2022-05-06 04:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

 

Thank you for participating! 

 

For more information regarding the Kickstarter event and project introduction of STRM, please refer to: [Initial Listing] MEXC Kickstarter - Vote to Win Free 53,333 StreamCoin (STRM) Airdrops!

 

MEXC Exclusive: StreamCoin (STRM) MX Defi is Launching!

Exciting News! The StreamCoin team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 53,333 STRM up for grabs!

 

"MX DeFi" - Stake MX and STRM to Earn Yield of STRM

Users can stake their MX and STRM to earn a liquidity yield of STRM over 4 days. Specific details are as below. 

  1. Event starting time: 2022-05-06 04:00 (UTC)
  2. Staking period: 2022-05-06 04:00 - 2022-05-09 16:00 (UTC)
  3. Staking tokens and yield allocation:

MX: no hard cap; a total of  42,666  STRM liquidity yield (80% of the yield pool)

STRM: no hard cap; a total of 10,667 STRM liquidity yield (20% of the yield pool)

 

  1. 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” 

 

  1. 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 STRM, the yield supply of T day is 10,666.5 STRM 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) * 10,666.5 STRM = 213.33 STRM

 

Note:

  1. Entry standard: 10 MX, 10 STRM
  2. If users join staking on T day, users can unlock the coin on the T+1 day;
  3. The yield is calculated daily and distributed to the user's account the next day.

 

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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Enjoy trading on MEXC.

The MEXC Team

5 May 2022