MXC will list Sparkpoint (SRK) on the Innovation board and open trading for SRK/USDT trading pair at 15:00 (UTC+8), March 16th, 2021.
MXC will launch the 40th session "MX DeFi" on March 15th.
Details are as follows:
The 40th “MX DeFi” Session: Stake USDT, MX, BTC, ETH to Earn Yield SRK
Together with SRK’s listing, MXC will launch the 40th “MX DeFi” Session to enable mining on SRK tokens from March 15th to March 18th. Throughout the campaign, users can stake USDT, MX, BTC or ETH to earn liquidity yield on SRK.
Details as follow:
1. Campaign start time: 18:00 (UTC+8), March 15th, 2021
2. Staking period: March 15th - March 18th (4 days in total)
3. The total yield pool includes 1,250,000 SRK tokens. Hard cap and allocation details to each staking crypto asset are as follows:
a). USDT: no hard cap; a total of 375,000 SRK liquidity yield (30% of the yield pool)
b). MX: no hard cap; a total of 250,000 SRK liquidity yield (20% of the yield pool)
c). BTC: no hard cap; a total of 250,000 SRK liquidity yield (20% of the yield pool)
d). ETH: no hard cap; a total of 375,000 SRK liquidity yield (30% of the yield pool)
4. Ways to participate:
a). Through MXC.com: Login to MXC.com > select “MX DeFi” > in the Launchpool, find “Stake to mine SRK” to join
b). Through MXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine SRK” 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 SRK, the yield supply of T day is 62,500 SRK 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) * 62,500 SRK = 1,250 SRK
1. Minimum Entry Requirement: 1 USDT, 0.001 BTC, 10 MX, 0.01 ETH respectively
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.
SRK Will be Listed on Innovation Board
1. Deposit & Withdrawal: opened
2. SRK/USDT Trading: 15:00 (UTC+8), March 16th, 2021
The price may fluctuate greatly for projects on the Innovation Board, please be cautious of the risks.
(The information is provided by the project party. It is for reference only.)
Project Name: Sparkpoint (SRK)
Official website: http://sparkpoint.io/
Blockchain Explorer: https://etherscan.io/token/0x0488401c3f535193fa8df029d9ffe615a06e74e6
SparkPoint Innovations Inc. or SparkPoint aims to fast-track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services.
SparkPoint started with an initial funding of $50,000. Despite the minimal capital, the team was able to launch various blockchain-based products and services including SparkPoint Wallet, SparkLearn,SparkPlay, SparkEarn, and SparkDeFi. These products and services have collectively reached tens of thousands of users and continue to grow.
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
March 15, 2021