MXC will list PieDAO DOUGH v2 (DOUGH) on the Innovation board and open trading for DOUGH/USDT trading pair at 16:00(UTC+8), January 28. And MXC will launch the 21st session "MX DeFi" on January 27. The details are as follows.
The 21st Session "MX DeFi" - Stake MX, BTC, DOUGH to Earn Yield of PieDAO DOUGH v2 (DOUGH)
The 21st session of "MX DeFi" Yield Mining is coming. Users can stake MX, BTC, DOUGH to earn liquidity yield of DOUGH. The staking period will last 5 days. The details are as follow:
1. Activity starting time: 16:00, January 27(UTC+8), 2021
2. Staking period: January 27 - January 31 (5 days in total)
3. Staking coins and yield allocation:
MX: no hard cap; a total of liquidity yield (30% of the yield pool)
BTC: no hard cap; a total of liquidity yield (30% of the yield pool)
DOUGH: no hard cap; a total of liquidity yield (40% of the yield pool)
4. Participation method:
Login MXC website > "MX DeFi" > find relevant product to join
MXC APP > Homepage > "MX DeFi" > find relevant product to join
4. 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 DOUGH, the yield supply of T day is 1,140 DOUGH 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) * 1,140 DOUGH = 22.8 DOUGH
1. Entry standard: 10MX, 0.001 BTC, 1 DOUGH respectively
2. If a users join staking on T day, he/she can unlocking the coin on the T+1 day;
3. The yield is calculated daily, and will be distributed to user's account on the next day.
PieDAO DOUGH v2 (DOUGH) Will be Listed on Innovation Board
1.Deposit & Withdrawal: opened
2. Trading: 16:00 (UTC+8), January 28
3. API Trading: 16:00 (UTC+8), January 28
Note: the price may move greatly for projects on Innovation Board, please be cautious of the risks.
(The information is provided by the project party. It is for reference only.)
Project Name: PieDAO DOUGH v2 (DOUGH)
Official website: https://www.piedao.org/
Blockchain Explorer: https://etherscan.io/token/0xad32A8e6220741182940c5aBF610bDE99E737b2D
PieDAO is an asset allocation decentralized autonomous organization (DAO) for governing tokenized portfolio allocations.
The DAO is focused on bringing market accessibility and economic empowerment to anyone with an internet connection through tokenized asset allocations called PIEs where weights are collectively governed by DAO members, allowing users to frictionlessly get exposure to different allocations.
Anybody in the public community may support these efforts by completing bounties, making feature requests, or proposing new Pies. DOUGH token holders are the DAO's decision-makers, governing which proposals are accepted.