Dear users,
MEXC Global will list Standard Protocol (STND) in the Innovation Zone and open trading for the STND/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- STND/USDT Trading: 2021-09-17 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 83rd Session "MX DeFi" - Stake MX, USDT & STND to Earn Yield STND
Together with STND’s listing, MEXC will launch the 83rd "MX DeFi'' Session to enable mining on STND tokens from September 16 to September 19. Throughout the campaign, users can stake MX, USDT and STND to earn liquidity yield on STND. The staking period will last 4 days. Details are as follows:
- Campaign start time: 2021-09-16 12:00 (UTC)
- Staking period: 2021-09-16 12:00 to 2021-09-19 16:00 (UTC)
- The total yield pool includes 50,000 STND tokens.
Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 30,000 STND liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 10,000 STND liquidity yield (20% of the yield pool)
STND: no hard cap; a total of 10,000 STND liquidity yield (20% of the yield pool)
- Ways to participate:
a). Through MEXC.com: Log on to MEXC’s official website > Select [Finance - MX DeFi] - Look for “Stake to mine STND” to join
b). Through MEXC App: On MEXC’s app homepage - Find [MX DeFi] on the middle bar - Look for “Stake to mine STND” to join
- 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 STND, the yield supply of T day is 7,500 STND 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 STND = 150 STND
Note:
- Minimum Entry Requirement: 10 MX, 1 USDT and 10 STND respectively;
- If a user joins staking on day T, he/she can unlock the staked token on day T+1;
- The yield is calculated daily and will be distributed to the user's account on the next day.
Project Details
(This information is provided by the project party. Strictly for references only.)
Official Website: Standard Protocol (STND)
Total Supply: 100,000,000
Token Type: ERC-20
Official Website: https://www.standard.tech/
Block Explorer: 0x9040e237c3bf18347bb00957dc22167d0f2b999d
Medium: https://blog.standard.tech/
Twitter: https://twitter.com/standarddefi
Telegram: https://t.me/standard_protocol
Discord: https://discord.gg/BkcE8kR9B9
Brief Introduction
Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate within the Polkadot ecosystem. It has been granted with #DefiForAll Fund from Polygon and is also the first and only project from Korea to be awarded a Polkadot Web3 foundation grant and prides itself on its global community growth approach.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make the 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.
Find us on:
Medium: https://medium.com/mexcglobal
Telegram: https://t.me/MEXCEnglish
MEXC trading: https://t.me/MEXCTradeofficial
Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
Instagram: https://www.instagram.com/mexcglobal/
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
2021-09-16
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