MEXC will launch the 80th Session "MX DeFi" with Tidal Finance (TIDAL)

Dear users,

To celebrate the launch of TIDAL, MEXC will launch the 80th "MX DeFi'' Session to enable mining on TIDAL tokens from September 4 to September 6. Throughout the campaign, users can stake MX, USDT and TRX to earn liquidity yield on TIDAL. The staking period will last 3 days. Details are as follows:

1. Campaign start time: 2021-09-04 02:00 (UTC)

2. Staking period: 2021-09-04 02:00 (UTC) - 2021-09-06 16:00 (UTC)

3. The total yield pool includes 1,600,000 TIDAL tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 960,000 TIDAL liquidity yield (60% of the yield pool)

USDT: no hard cap; a total of 320,000 TIDAL liquidity yield (20% of the yield pool)

TRX: no hard cap; a total of 320,000 TIDAL liquidity yield (20% of the yield pool)

4. Ways to participate:

a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine TIDAL” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine TIDAL” 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 TIDAL, the yield supply of T day is 320,000 TIDAL 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) * 320,000 TIDAL = 6,400 TIDAL

Note:

1. Minimum Entry Requirement: 10 MX, 1 USDT and 100 TRX 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.

Risk Warning

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. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

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MEXC Team