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MEXC Exclusive: Caduceus Metaverse Protocol (CMP) MX DeFi is Launching!

Dear users,

Exciting News! To celebrate the launch of CMP on MEXC, the Caduceus Metaverse Protocol team will host MX DeFi Yield Mining activity exclusively for MEXC users. There will be a total of 31,800 CMP up for grabs!

 

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

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

  1. Event starting time: 2022-07-25 12:00 (UTC)
  2. Staking period: 2022-07-25 12:00 - 2022-07-27 16:00 (UTC)
  3. Staking tokens and yield allocation:

MX: no hard cap; a total of 25,440  CMP liquidity yield (80% of the yield pool)

CMP: no hard cap; a total of 6,360 CMP liquidity yield (20% of the yield pool)

 

  1. 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” 

 

  1. 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 CMP, the yield supply of T day is 8,480 CMP 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) * 8,480 CMP = 169.6 CMP

 

Note:

  1. Entry standard: 10 MX, 15 CMP
  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.

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

MEXC New M-Day - Caduceus Metaverse Protocol (CMP) is Launching

 

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

25 July 2022