MEXC Exclusive: THORWallet DEX (TGT) MX Defi is Launching!

Dear users,

Exciting News! To celebrate TGT listing in the Innovation Zone, the THORWallet DEX team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 1,425,000 TGT up for grabs!

"MX DeFi" - Stake MX and TGT to Earn Yield of TGT

Users can stake their MX and TGT to earn a liquidity yield of TGT over 4 days. Specific details are as below.

Event starting time: 2022-05-20 08:00 (UTC)
Staking period: 2022-05-20 08:00 - 2022-05-23 16:00 (UTC)
Staking tokens and yield allocation:

MX: no hard cap; a total of 1,140,000 TGT liquidity yield (80% of the yield pool)

TGT: no hard cap; a total of 285,000 TGT liquidity yield (20% of the yield pool)

Participation method:

Web: Log in to the MEXC official website – Find "Earn" on the Navigation Bar – Click "MX DeFi" to enter the event page — Select "Staking"

APP: Find "MX DeFi" on the homepage to enter the event page – Select "Staking”

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 TGT, the yield supply of T day is 285,000 TGT 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) * 285,000 TGT = 5,700 TGT

Note:

Entry standard: 10 MX, 1,000 TGT
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.

For more information regarding the M-Day event and project introduction of TGT, please refer to:

MEXC New M-Day - THORWallet DEX (TGT) is Launching

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