Voting Result and Launching the 91st "MX DeFi" Session for 33rd Session of Kickstarter - Enjinstarter (EJS) – Announcement

Dear users,

The 33rd session of Kickstarter for Enjinstarter (EJS) has concluded. Users have contributed a total of 19139523.73945475 MX to vote for the EJS listing on MEXC!

Airdrop rewards have been distributed to users' accounts.

For more information regarding the Kickstarter event and project introduction of EJS, please refer to: [Initial Listing] MEXC Launches 33rd Session of Kickstarter - Vote to Win Free 330,000 Enjinstarter (EJS) Airdrops!

Thank you for participating!

MEXC will list Enjinstarter (EJS) in the Innovation Zone and launch trading for the EJS/USDT trading pair. The specific timeline is as shown below:

Deposit & Withdrawal: Opened
EJS/USDT Trading: 2021-11-08 12:00 (UTC)

In order to thank the EJS community for their support, the Enjinstarter (EJS) team decided to launch the 91st "MX DeFi'' Session to enable mining on EJS tokens from November 8 to November 11. Throughout the campaign, users can stake MX and BIT to earn liquidity yield on EJS. The staking period will last 4 days. Details are as follows:

Campaign start time: 2021-11-08 12:00 (UTC)
Staking period: 2021-11-08 12:00 - 2021-11-11 16:00 (UTC)

The total yield pool includes 120,000 EJS tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 84,000 EJS liquidity yield (70% of the yield pool)

BIT: no hard cap; a total of 36,000 EJS 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 EJS” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine EJS” 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 EJS, the yield supply of T day is 21,000 EJS 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) * 21,000 EJS = 420 EJS

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.

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Enjoy trading on MEXC.

The MEXC Team