Voting Results and Listing Arrangement for Kickstarter - Dragon Mainland Shards (DMS) and “MX DeFi” Launching

Dear users,

The Kickstarter for Dragon Mainland Shards (DMS)  has concluded. 

There is a total contribution of 42032465.51594424 MX being voted for DMS listing on MEXC Global.

Airdrop rewards have been distributed to users' accounts. 

For more information regarding the Kickstarter event and details of Dragon Mainland Shards, please refer to: [Initial Listing] MEXC Kickstarter - Vote to Win Free 40,000 Dragon Mainland Shards (DMS) Airdrops!

MEXC has listed Dragon Mainland Shards (DMS)  in the Innovation Zone and open trading for the DMS/USDT trading pair. The specific timeline is shown below:

1. Deposit & Withdrawal: Opened
2. DMS/USDT Trading: 2021-11-27 08:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

"MX DeFi" - Stake MX and BIT to Earn Yield of DMS

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

1. Event starting time: 2021-11-28 11:00 (UTC)
2. Staking period: 2021-11-28 11:00 (UTC) - 2021-11-30 16:00 (UTC)
3. Staking tokens and yield allocation:

MX: no hard cap; a total of 26,600 DMS liquidity yield (70% of the yield pool)

BIT: no hard cap; a total of 11,400 DMS liquidity yield (30% of the yield pool)

4. Participation method:

Log in to MEXC website > "MX DeFi" > find relevant product to join

MEXC APP > Homepage > "MX DeFi" > find relevant product 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 stake 10,000 MX to earn DMS, the yield supply of T day is 8,867 DMS 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) *8,867 DMS = 177.34 DMS

Note:

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

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.

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https://www.MEXC.com/invite 

Enjoy trading on MEXC.

The MEXC team

27 November 2021