MXC will list LaunchZone (BSCX) on the Innovation Zone and open trading for BSCX/USDT trading pair at 16:00 (UTC+8), Apr 7. MXC will then launch the 45th session "MX DeFi'' on Apr 5. The details are as follows.
The 45th Session "MX DeFi" - Stake USDT, MX, BTC, ETH to Earn Yield BSCX
Together with BSCX's listing, MXC will launch the 45th "MX DeFi" Session to enable mining on BSCX tokens from April 5th to April 8th. Throughout the campaign, users can stake USDT, MX, BTC or ETH to earn liquidity yield on BSCX. The staking period will last 4 days. Details as follows:
1. Campaign start time: 16:00, Apr 5 (UTC+8)
2. Staking period: April 5th to April 8th
3. The total yield pool includes 1,600 BSCX tokens. Hard cap and allocation details to each staking crypto asset are as follows:
USDT: no hard cap; a total of 480 BSCX liquidity yield (30% of the yield pool)
MX: no hard cap; a total of 320 BSCX liquidity yield (20% of the yield pool)
BTC: no hard cap; a total of 320 BSCX liquidity yield (20% of the yield pool)
ETH: no hard cap; a total of 480 BSCX liquidity yield (30% of the yield pool)
4. Ways to participate:
a). Through MXC.com: Login into MXC.com > select “MX DeFi” > in the Launchpool, find “Stake to mine BSCX” to join
b). Through MXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine BSCX” 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 BSCX, the yield supply of T day is 80 BSCX 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) * 80 BSCX = 1.6 BSCX
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.
BSCX Will be Listed on Innovation Zone
1. Deposit & Withdrawal: opened
2. BSCX/USDT Trading: 16:00 (UTC+8), Apr 7
Note: The price may move greatly for projects on Innovation Zone, please be cautious of the risks.
(This information is provided from the project party. Strictly for references only.)
Project Name: LaunchZone (BSCX)
Official Website: https://launchzone.org
Total Supply: 9,983,396 BSCX
LaunchZone is a decentralized non-custodial cryptocurrency exchange-centered ecosystem that runs on Binance Smart Chain (BSC). LaunchZone’s mission is to make Binance’s off-chain services available on the blockchain, develop the applications on BSC, and promote the features of decentralized finance that let our users earn tokens and gain many other economic benefits.
BSCX token is minted by Liquidity Mining. It is the governance and equity token of the LaunchZone ecosystem. Users holding BSCX can participate in liquidity farming, IDO (LaunchpadX), LaunchpoolX, and many other on-chain activities of the LaunchZone ecosystem that warrant the economic benefits of our token holders. BSCX contract adopts a completely fair distribution mechanism to make sure that no one can interrupt the fairness of our ecosystem.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses.
Find us on:
MXC trading: https://t.me/MXCtrade
Enjoy trading on MXC.
The MXC team
April 5, 2021