Voting Results and Listing Arrangement for Kickstarter - Leonicorn Swap (LEOS) , MX Defi is Launching! – Announcement

Dear users,

The Kickstarter for Leonicorn Swap has concluded.

There is a total contribution of 7450159.07323427 MX being voted for LEOS listing on MEXC Global.

Airdrop rewards have been distributed to users' accounts.

For more information regarding the Kickstarter event and details of Leonicorn Swap, please refer to: MEXC Kickstarter - Vote to Win Free 45,000 Leonicorn Swap (LEOS) Airdrops!

MEXC will list Leonicorn Swap in the Innovation Zone and open trading for the LEOS/USDT trading pair. The specific timeline is shown below:

Deposit & Withdrawal: Opened
LEOS/USDT Trading: 2021-11-29 11:00 (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 LEOS

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

Event starting time: 2021-11-29 11:00 (UTC)
Staking period: 2021-11-30 11:00 (UTC) - 2021-12-02 16:00 (UTC)
Staking tokens and yield allocation:

MX: no hard cap; a total of 30,100 LEOS liquidity yield (70% of the yield pool)

BIT: no hard cap; a total of 12,900 LEOS 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 LEOS, the yield supply of T day is 10，033 LEOS 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) * 10,033 LEOS = 200.66 LEOS

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.

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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