Dear users,
MEXC will list World Mobile Token (WMT) in the Innovation Zone and open trading for the WMT/USDT trading pair. The specific timeline is shown below:
- Deposit & Withdrawal: Opened
- WMT/USDT Trading: 2021-12-23 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
"MX DeFi" - Stake MX and WMT to Earn Yield of WMT
The "MX DeFi'' Yield Mining is launching! Users can stake their MX and WMT to earn a liquidity yield of WMT over 3 days. There will be a total of 19,200 WMT staking rewards up for grabs!
Specific details are as below. :
- Event starting time: 2021-12-21 11:00 (UTC)
- Staking period: 2021-12-21 11:00 (UTC) - 2021-12-23 16:00 (UTC)
- Staking tokens and yield allocation:
MX: no hard cap; a total of 15,360 WMT liquidity yield (80% of the yield pool).
WMT: no hard cap; a total of 3,840 WMT liquidity yield (20% of the yield pool)
- Participation method:
Log in to MEXC website > "MX DeFi" > find relevant product to join
Log in to MEXC APP > Homepage > "MX DeFi" > find relevant product 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 stake 10,000 MX to earn WMT, the yield supply of T day is 5,120 WMT 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) * 5,120 WMT = 102.4 WMT
Note:
- Entry standard: 10 MX, 10 WMT
- If users join staking on T day, users can unlock the coin on the T+1 day;
- The yield is calculated daily and distributed to the user's account the next day.
Project Info
(This information is provided by the project team. Strictly for references only.)
Project Name: World Mobile Token (WMT)
Total Supply: 2,000,000,000 WMT
Official Website: https://worldmobiletoken.com/
Block Explorer (Cardano):
Telegram: https://t.me/WorldMobileTeam
Twitter: https://twitter.com/wmtoken
Reddit: https://www.reddit.com/r/WorldMobileToken/
Project Brief Introduction:
World Mobile Token is the token powering the World Mobile Network. World Mobile is developing a global hybrid telecoms network using a shared economy model built on blockchain. The use of blockchain in this model enables the removal of intermediaries and a layer of cost. It also enables the rapid expansion of the network thanks to the transparency provided by smart contracts, which allow the participants to have a provable and guaranteed rewards system.
World Mobile is providing a solution to the global problem that nearly half of the world is still not connected, as highlighted by the United Nations. This solution aims to address the affordability issue, as well as the more efficient use of network resources, to enable connectivity to be provided in a more distributed and decentralised manner.
The World Mobile Chain is built on Cardano as a native asset and operates as a layer 1.5 network with node operators that provide decentralised telecommunications services including Communications as a Service, Content as a Service, etc.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make the 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.
Find us on:
Medium: https://medium.com/mexcglobal
Telegram: https://t.me/MEXCEnglish
MEXC trading: https://t.me/MEXCTradeofficial
Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
Instagram: https://www.instagram.com/mexcglobal/
Refer a friend to enjoy a high rebate! Create your personalized invitation link today:
Enjoy trading on MEXC.
The MEXC team
20 December 2021
