Dear users,

MEXC will list Earn Guild (EARN) in the Innovation Zone and open trading for the EARN/USDT trading pair. The specific timeline is as shown below:

• Deposit & Withdrawal: Opened
• EARN/USDT Trading: 2022-02-23 07:00 (UTC)

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

MEXC Exclusive: Earn Guild (EARN) MX Defi is Launching!

Exciting News! The Earn Guild (EARN) team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 75,000 EARN up for grabs!

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

Users can stake their MX and EARN to earn a liquidity yield of EARN over 3 days. Specific details are as below. 

1. Event starting time: 2022-02-23  12:00 (UTC)
2. Staking period: 2022-02-23 12:00 - 2022-02-25 16:00 (UTC)
3. Staking tokens and yield allocation:

MX: no hard cap; a total of  60,000  EARN liquidity yield (80% of the yield pool)

EARN: no hard cap; a total of  15,000  EARN liquidity yield (20% of the yield pool)

4. 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 "Stake now" 

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

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 EARN, the yield supply of T day is 20,000 EARN 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) * 20,000 EARN = 400  EARN

Note:

1. Entry standard: 10 MX, 50 EARN 
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 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.

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Enjoy trading on MEXC.

The MEXC Team

23 February 2022