Dear MEXCers,
MEXC will launch the TON Locked Savings event at 08:00 on April 10, 2024 (UTC). Stake TON and earn up to 10% APR!
Staking Duration | Est. APR | Staking Limit (Each user） | Staking Limit (All users） |
30 Days | 5.0% | 500,000 TON | 10,000,000 TON |
60 Days | 7.5% | 500,000 TON | 10,000,000 TON |
120 Days | 10.0% | 500,000 TON | 10,000,000 TON |
Value date: T stands for staking date. Yield will start on T+1 (the next day) and will be distributed to your account on T+2.
Yield payout time: Yields will be distributed to your spot account daily.
Redemption rules:
- When the minimum savings period is reached, you can choose to redeem or continue staking with the final yield calculated based on the actual number of staking days.
- Upon redemption, the staked principal will be released on the day.
Daily yield calculation:
User's daily yield = User's staking amount * APR / 365
For example: Suppose user A stakes 10,000 TON with an APR of 5%. Then, User A can receive a daily yield of:
10,000 * 5% / 365 ≈ 1.37 TON
How to participate:
- Web: Click [Spot] on the navigation bar > Find and click [Savings] > Enter [TON] in the Search Bar > Find [TON] and click [Stake Now]
- App: Find and Click [More] in the Function zone of the homepage > Click [Earn] > Click [MEXC Savings] > Enter [TON] in the Search Bar > Find [TON] and click [Stake Now]
Terms & Conditions:
- MEXC reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
- MEXC reserves the right to modify, change, or cancel this announcement at any time for any reason without prior notice.
Enjoy trading on MEXC.
The MEXC Team
10 April 2024
