MEXC will launch the 90th Session “MX DeFi” with XP NETWORK (XPNET)

Dear users,

To give thanks to the XPNET community, MEXC will launch the 90th "MX DeFi'' Session to enable mining on XPNET tokens from November 6 to November 10. Throughout the campaign, users can stake MX and BIT to earn liquidity yield on XPNET. The staking period will last 5 days. Details are as follows:

Campaign start time: 2021-11-06 10:00 (UTC)
Staking period: 2021-11-06 10:00 - 2021-11-10 16:00 (UTC)
The total yield pool includes 725,000 XPNET tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 507,500 XPNET liquidity yield (70% of the yield pool)

BIT: no hard cap; a total of 217,500 XPNET liquidity yield (30% of the yield pool)

Ways to participate:

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

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine XPNET” 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 XPNET, the yield supply of T day is 101,500 XPNET 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) * 101,500 XPNET = 2,030 XPNET

Note:

1. Minimum Entry Requirement: 10 MX and 5 BIT respectively;

2. If a user joins staking on day T, he/she can unlock the staking 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.

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

https://twitter.com/MEXC_Fans

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