MEXC will list WOM Protocol (WOM) in the Innovation Zone and open trading for WOM/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- WOM/USDT Trading: 2022-02-17 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the WOM Protocol community, the WOM Protocol team will launch a session of "MX DeFi'' to enable mining on WOM tokens from February 17 to February 19. Throughout the campaign, users can stake MX and WOM to earn liquidity yield on WOM. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-02-17 14:00 (UTC)
- Staking period: 2022-02-17 14:00 - 2022-02-19 16:00 (UTC)
The total yield pool includes 248,000 WOM tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 198,400 WOM liquidity yield (80% of the yield pool)
WOM: no hard cap; a total of 49,600 WOM liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “Stake to mine WOM” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine WOM” 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 WOM, the yield supply of T day is 66,133 WOM 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) * 66,133 WOM = 1322 WOM
- Minimum Entry Requirement: 10 MX and 50 WOM respectively;
- If a user joins staking on day T, he/she can unlock the staking token on day T+1;
- The yield is calculated daily and will be distributed to the user's account on the next day.
(This information is provided by the project team. Strictly for references only.)
Project Name: WOM Protocol (WOM)
Total Supply: 1,000,000,000 WOM
Official Website: https://womprotocol.io/
Block Explorer: ERC-20
Project Brief Introduction:
The WOM (word-of-mouth) Protocol is a blockchain-based marketing technology that gives brands, content creators, publishers, and social networks a way to monetize word-of-mouth recommendations on any app or platform.
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:
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The MEXC Team
16 February 2022