Dear MEXCers,
MEXC has officially launched the XRP Flexible Savings program. Deposit and stake your XRP to enjoy up to 6% APY!
Staking Amount (XRP) | Est. APY |
10 ≤ X <500 |
6%
|
500≤ X<1,000
|
1.8% |
≥1000 | 0.45% |
Min. staking amount: 10 XRP
Value date: T stands for the staking date. T+1 is the observation period. Yield will start on T+2 and will be distributed to your account on T+3.
Yield payout time: On a daily basis.
Redemption rules: Users can redeem funds at any time.
Ways to participate:
a). Website: https://www.mexc.com/pos> find “Flexible Savings” to join
b). Through MEXC.com: Login into MEXC.com > select “Activity” > “MEXC Savings” > find “Flexible Savings” to join or Login into MEXC.com > Wallet > Spot Account >“Search” the Token you want > Click “Earn”> Click “Flexible Saving”
c). Through MEXC App: Login through MEXC App’s homepage > “More” > find “Earn” > select “MEXC Savings” > find “Flexible Savings” to join
Daily yield calculation (daily):
User’s daily yield = User’s staking amount * APY / 365
For example: Suppose user A stakes 10,000 USDT, and APY is 5%, then, User A can get a daily yield of:
10,000 * 5% / 365 ≈ 1.37 USDT
Terms & Conditions
- MEXC reserves the right to adjust the expected return or halt the staking event.
- MEXC Global reserves the final right to amend or change or cancel this announcement without prior notice.
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Enjoy trading on MEXC.
The MEXC Team
18 April 2023
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