MXC will list Gala Games (GALA) in the Innovation Zone and open trading for the GALA/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- GALA/USDT Trading: 19:00 (UTC+8), Jun 7
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 61st Session "MX DeFi" - Stake MX, TRX and USDT to Earn Yield GALA
Together with GALA's listing, MXC will launch the 61st "MX DeFi" Session to enable mining on GALA tokens from Jun 6 to Jun 9. Throughout the campaign, users can stake MX, TRX, and USDT to earn liquidity yield on GALA. The staking period will last 4 days. Details are as follows:
1. Campaign start time: 16:00 (UTC+8), Jun 6
2. Staking period: Jun 6 to Jun 9
3. The total yield pool includes 4,000,000 GALA tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 2,400,000 GALA liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 800,000 GALA liquidity yield (20% of the yield pool)
TRX: no hard cap; a total of 800,000 GALA liquidity yield (20% 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 GALA” to join
b). Through MXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine GALA” 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 GALA, the yield supply of T day is 600,000 GALA 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) * 600,000 GALA = 12,000 GALA
1. Minimum Entry Requirement: 1 USDT, 10 MX, and 100 TRX respectively 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.
(This information is provided by the project party. Strictly for references only.)
Project Name: Gala Games (GALA)
Official Website: https://gala.games/
Current Max Total Supply: 34,594,701,141 GALA
Whitepaper Link: https://support.gala.games/gala-games/what-is-the-gala-games-vision
Gala Games was founded with one goal in mind: to give power back to the gamers. Our mission is to enable freedom through play. To this end, we have embarked on one of the most ambitious development projects to date - the creation of the Gala Games Ecosystem. Founded by Eric Schiermeyer (the co-founder of Zynga and gaming legend), Wright Thurston (one of the first major miners in the cryptocurrency space and holder of multiple patents on blockchain technology), and Michael McCarthy (the Creative Director behind viral gaming hits such as Farmville 2), Gala Games is here to fundamentally redefine both the gaming and blockchain spaces. The first game released by Gala Games, Town Star, is a deceptively simple looking but incredibly deep farming simulation in which user builds a farm to compete in weekly competitions. At various places, NFTs can be used in the game to provide bonuses but are not required to play, have fun, or compete. Mirandus, the MMORPG/Adventure Simulator currently under development by Gala Games is working to completely redefine both the game development pipeline, as well as the gameplay model by putting the power in the hands of the players and giving them ultimate control over the in-game economy.
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.
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MXC trading: https://t.me/MXCtrade
Enjoy trading on MXC.
The MXC team
Jun 6, 2021