MXC will list PolkaBridge (PBR) on the Innovation board and open trading for PBR/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- Trading: 18:00 (UTC+8), February 25th, 2021
Note: the price may move greatly for projects on Innovation Board, please be cautious of the risks.
1. Deposit PBR to Share 25,000 PBR Airdrop
Activity Period: 16:00, Feb 24th to 24:00, Feb 26th, 2021 (UTC+8)
Rules and Awards:
During the activity period, users who deposit PBR into MXC with net deposit amount no less than 100 PBR can share 25,000 PBR prize pool in proportion to their net deposit amount respectively. A single user can be rewarded up to 500 PBR award.
(1) Net deposit = deposit - withdrawal
(2) The prize will be distributed to your account within 5 workdays after the whole activity ends.
(3) KYC verification shall be completed by the ends of the activity to be valid for the prize.
2. The 32nd Session "MX DeFi" - Stake MX, DOT, USDT, PBR to Earn Yield of PolkaBridge (PBR)
The 32nd session of "MX DeFi" Yield Mining is coming. Users can stake MX, DOT, USDT, PBR to earn liquidity yield of PolkaBridge (PBR). The staking period will last 4 days. The details are as follow:
(1) Activity starting time: 16:00, February 24th (UTC+8), 2021. The activity page will be online at the same time.
(2) Staking period: February 24th - February 27th (4 days in total)
(3) Staking coins and yield allocation:
MX: no hard cap; a total of 27,330 PBR liquidity yield (30% of the yield pool)
PBR: no hard cap; a total of 27,330 PBR liquidity yield (30% of the yield pool)
USDT: no hard cap; a total of 18,220 PBR liquidity yield (20% of the yield pool)
DOT: no hard cap; a total of 18,220 PBR liquidity yield (20% 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
(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 stake 10,000 USDT to earn PBR, the yield supply of T day is 5,000 PBR for USDT pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 USDT, then, User A can earn a yield of:
(10,000 / 500,000) * 5,000 PBR = 100 PBR
(1) Entry standard: 10MX, 1 USDT, 0.1 DOT, 10 PBR 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.
(The information is provided by the project party. It is for reference only.)
Project Name: PolkaBridge (PBR)
Official website: https://PolkaBridge.org/
Blockchain Explorer: https://etherscan.io/token/0x0d6ae2a429df13e44a07cd2969e085e4833f64a0
PolkaBridge is the first decentralized bridge between the Polkadot platform and other blockchains. PolkaBridge is designed to make it super easy for you to connect with several other blockchains in the cryptocurrency world. PolkaBridge offers; a good way to earn passive income, lower transaction fees than Ethereum, super-fast transaction processes, and many other benefits.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.
Find us on:
MXC trading: https://t.me/MXCtrade
Enjoying your trade on MXC.
The MXC team
February 24, 2021