MXC will list Gourmet Galaxy (GUM) in the Innovation Zone and open trading for the GUM/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- GUM/USDT Trading: 19:00 (UTC+8), Jun 4
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 60th Session "MX DeFi" - Stake MX to Earn Yield GUM
Together with GUM's listing, MXC will launch the 60th "MX DeFi" Session to enable mining on GUM tokens from Jun 3 to Jun 6. Throughout the campaign, users can stake MX to earn liquidity yield on GUM. The staking period will last 4 days. Details are as follows:
1. Campaign start time: 11:00 (UTC+8), Jun 3
2. Staking period: Jun 3 to Jun 6
3. The total yield pool includes 18,000 GUM tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 18,000 GUM liquidity yield (100% of the yield pool)
4. Ways to participate:
a). Through MXC.com: Login into MXC.com > select “MX DeFi” > in the Launchpool, find “Stake to mine GUM” to join
b). Through MXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine GUM” to join
5. 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 GUM, the yield supply of T day is 4,500 GUM 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) * 4,500 GUM = 90 GUM
1. Minimum Entry Requirement: 10 MX
2. If a user join staking on day T, he/she can unlock the stake token on day T+1;
3. The yield is calculated daily, and will be distributed to the user's account on the next day.
(This information is provided by the project party. Strictly for references only.)
Project Name: Gourmet Galaxy (GUM)
Official Website: https://gourmetgalaxy.io/
Total Supply: 20,000,000 GUM
Whitepaper Link: https://gourmetgalaxy.gitbook.io/
Gourmet Galaxy is an innovative Yield Farming and LaunchPad platform, a combination of DeFi and NFTs in a gaming experience in the future. Gourmet Galaxy is currently running on the Ethereum Blockchain and Binance Smart Chain.
GUM Pad is Gourmet Galaxy’s latest product, which allows cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens.
With GUM Pad, decentralized projects will be able to raise and exchange capital cheaply and quickly. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses.
Find us on:
MXC trading: https://t.me/MXCtrade
Enjoy trading on MXC.
The MXC team
Jun 2, 2021