MEXC will list TON Crystal (TON) in the Innovation Zone and open trading for the TON/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- TON/USDT Trading: 10:00 , June 28, 2021 (UTC)
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 66th Session "MX DeFi" - Stake MX, USDT and TRX to Earn Yield TON
Together with TON's listing, MEXC will launch the 66th "MX DeFi" Session to enable mining on TON tokens from Jun 25 to Jun 28. Throughout the campaign, users can stake MX, USDT and TRX to earn liquidity yield on TON. The staking period will last 4 days. Details are as follows:
1. Campaign start time: 12:00, June 25, 2021 (UTC)
2. Staking period: June 25 to June 28
3. The total yield pool includes 50,000 TON tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 30,000 TON liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 10,000 TON liquidity yield (20% of the yield pool)
TRX: no hard cap; a total of 10,000 TON liquidity yield (20% of the yield pool)
4. Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “MX DeFi”> find “Stake to mine TON” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine TON” 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 TON, the yield supply of T day is 7,500 TON 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) * 7,500 TON = 150 TON
1. Minimum Entry Requirement: 10 MX, 1 USDT 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: TON Crystal (TON)
Official Website: https://freeton.org/
Total Supply: 5,000,000,000 TON ( about 0.50% annual inflation, details please visit https://ton.live)
Whitepaper Link: https://docs.ton.dev/86757ecb2/p/067e92-introduction
TON Crystal (TON) is the native asset for the Free TON blockchain. Free TON is a smart contract platform based on Telegram's now-defunct TON blockchain project. As a high-tech project with a strong infrastructure and development plan, Free TON advocates a unique end-to-end concept of decentralization. It is a TON-based blockchain with low latency, multi-threading, multi-sharding, and high reliability. An extended blockchain with advanced proof-of-stake consensus (POS) and general-purpose smart contracts that support multiple high-level computer languages.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses.
Find us on:
MEXC trading: https://t.me/MEXCTradeofficial
Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.MEXC.com/invite
Enjoy trading on MEXC.
The MEXC team
June 25, 2021