Dear Users,

MEXC has officially launched the XEN Flexible Staking program. Deposit and stake your XEN to start earning rewards on your spot wallet balances.

Product	Token	Est. APY	Min stake amount
Flexible Staking	XEN	7%	1,000

Value date: T stands for the staking date. T+1 is the observation period. Yield will start on T+2 and will be distributed to your account on T+3.

Yield payout time: On a daily basis.

Redemption rules: Users can redeem funds at any time. 

 

Ways to participate:

a). Website: https://www.mexc.com/pos> find “Flexible Staking” to join

b). Through MEXC.com: Login into MEXC.com  > select “Earn” > “Staking” > find “Flexible Staking” to join or Login into MEXC.com  > Wallet > Spot Account >“Search” the Token you want > “Earn”

c). Through MEXC App: Login through MEXC App’s homepage > “More” > find “Earn” > select “Staking” > find “Flexible Staking” to join

 

Daily yield calculation (daily):

User’s daily yield = User’s staking amount * APY / 365

For example: Suppose user A stakes 10,000 USDT, and APY is 5%, then, User A can get a daily yield of:

10,000 * 5% / 365 ≈ 1.37 USDT

 

Terms & Conditions

• MEXC reserves the right to adjust the expected return or halt the staking event.
• MEXC reserves the final right to amend or change or cancel this announcement without prior notice. 

 

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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Start Earning on MEXC.

The MEXC Team

10 October 2022