MXC will list Whitecoin (XWC) in the Assessment Zone and open trading for XWC/USDT trading pair at 20:00(UTC+8), March 17. And MXC will launch the 41st session "MX DeFi" on March 17. The details are as follows.
The 41st Session "MX DeFi" - Stake XWC, MX, ETH to Earn Yield of Whitecoin (XWC)
The 41st session of "MX DeFi" Yield Mining is coming. Users can stake XWC, MX, ETH to earn liquidity yield of Whitecoin (XWC)). The staking period will last 4 days. The details are as follow:
1. Activity starting time: 10:00, March 17(UTC+8), 2021
2. Staking period: March 17 - March 20 (4 days in total)
3. Staking coins and yield allocation:
XWC: no hard cap; a total of 5,040 XWC liquidity yield (40% of the yield pool)
MX: no hard cap; a total of 3,780 XWC liquidity yield (30% of the yield pool)
ETH: no hard cap; a total of 3,780 XWC liquidity yield (30% 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 MX to earn XWC, the yield supply of T day is 630 XWC 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) * 630 XWC = 12.6 XWC
1. Entry standard: 10 XWC, 10 MX, 0.01 ETH 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.
Whitecoin (XWC) Will be Listed in Assessment Zone
1.Deposit & Withdrawal: opened
2. Trading: 20:00 (UTC+8), March 17
Note: The price may move hugely for projects in Assessment zone, please be cautious of the investment risks and delisting risks.
(The information is provided by the project party. It is for reference only.)
Project Name: Whitecoin (XWC)
Block explorer: https://explorer.whitecoin.info/?lang=cn#/
Total Supply: 1 ,000,000,000 XWC
Circulation: 914,000,000 XWC
Secondary market price: 2.0457 USDT
Whitecoin is a public chain that utilizes interconnection between blockchains through the innovative Multi Tunnel Blockchain Communication Protocol (MTBCP) protocol.
As an essential part of the Whitecoin ecosystem, it adopts the Random Proof of Stake (RPOS) consensus, Whitecoin Axis, Whitecoin Wallet, decentralized mining pools, and smart contract platforms to build a cross-chain blockchain ecological infrastructure.
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.