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MEXC Exclusive: Animal Concerts (ANML) MX Defi is Launching!

由 · 发布日期 · 已更新

Dear users,

To give thanks to the ANML community, the project team will launch a session of “MX DeFi” to enable mining on ANML tokens from April 19 to April 21. Throughout the campaign, users can stake MX and ANML to earn liquidity yield on ANML. The staking period will last 3 days. Details are as follows:

  • Start time: 2022-04-19 15:00 (UTC)
  • Staking period: 2022-04-19 15:00 – 2022-04-21 16:00 (UTC)

The total yield pool includes 1,600,000 ANML tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 1,280,000 ANML liquidity yield (80% of the yield pool)

ANML: no hard cap; a total of 320,000 ANML 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 ANML” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ANML” 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 ANML, the yield supply of T day is 426,667 ANML 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) * 426,667 ANML = 8,533.34 ANML

 

Note:

  • Minimum Entry Requirement: 10 MX and 200 ANML 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.

 

Risk Warning

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.

 

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