MEXC Will List SoulSwap (SOUL) in Assessment Zone and launch the 100th Session of “MX DeFi”

Dear users,

MEXC will list SoulSwap (SOUL) in the Assessment Zone and open trading for the SOUL/USDT trading pair. The specific timeline is shown below:

Deposit & Withdrawal: Activated

Trading: 08:00 November 23 (UTC)

Note: Prices may fluctuate greatly for projects listed in the Assessment Zone, please be cautious and be aware of hidden risks of delisting.

MEXC Global will be launching the 100th session of "MX DeFi" for SoulSwap, an algorithmic, cross-chain AMM and P2P lending protocol on Fantom.

The 100th Session of "MX DeFi" - Stake MX and BIT to Earn Yield of SOUL

The 100th Session of "MX DeFi" Yield Mining is here! Users can stake their MX and BIT to earn a liquidity yield of SOUL over 3 days. Specific details are as below.

Event starting time: 2021-11-22 09:30 (UTC)
Staking period: 2021-11-22 09:30 (UTC) - 2021-11-24 16:00 (UTC)
Staking tokens and yield allocation:

MX: no hard cap; a total of 64,400 SOUL liquidity yield (70% of the yield pool)

BIT: no hard cap; a total of 27,600 SOUL liquidity yield (30% of the yield pool)

Participation method:

MEXC APP > Homepage > "MX DeFi" > find relevant product 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 stake 10,000 MX to earn SOUL, the yield supply of T day is 21,466 SOUL for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:

(10,000 / 500,000) * 21,466 SOUL = 429 SOUL

Note:

Entry standard: 10 MX and 5 BIT respectively
If users join staking on T day, users can unlock the coin on the T+1 day;
The yield is calculated daily and distributed to the user's account the next day.

Project Details

(This information is sourced from the internet. Strictly for references only.)

Project Name: SoulSwap (SOUL)

Official Website: https://soulswap.finance/

Block Explorer (Fantom):

https://ftmscan.com/address/0xe2fb177009ff39f52c0134e8007fa0e4baacbd07

Twitter: https://twitter.com/SoulSwapFinance

Telegram: https://t.me/SoulSwapDeFi

Discord: https://discord.com/invite/DQjChB6Wa6

Medium: https://soulswapfinance.medium.com/

Whitepaper

Project Brief Description

Soul is an algorithmic, cross-chain AMM and P2P lending protocol (on Fantom) built for traders, investors, developers, and visionaries seeking to unlock a universe of open financial applications.

Risk Warning

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