Dear users,
MEXC will list Kaizen.Finance (KZEN) in the Innovation Zone and open trading for the KZEN/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- KZEN/USDT Trading: 2022-05-03 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the Kaizen.Finance community, the Kaizen.Finance team will launch a session of "MX DeFi'' to enable mining on KZEN tokens from May 03 to May 05. Throughout the campaign, users can stake MX and KZEN to earn liquidity yield on KZEN. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-05-03 14:00 (UTC)
- Staking period: 2022-05-03 14:00 - 2022-05-05 16:00 (UTC)
The total yield pool includes 366,000 KZEN tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 292,800 KZEN liquidity yield (80% of the yield pool)
- KZEN: no hard cap; a total of 73,200 KZEN liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine KZEN” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine KZEN” 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 KZEN, the yield supply of T day is 97,600 KZEN 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) * 97,600 KZEN = 1,952 KZEN
Note:
- Minimum Entry Requirement: 10 MX and 50 KZEN respectively;
- To participate in KZEN pool, users may deposit KZEN to MEXC account or buy KZEN in Spot Trading;
- 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.
Project Info
(This information is provided by the project team. Strictly for references only.)
Project Name: Kaizen.Finance (KZEN)
Total Supply: 1,000,000,000 KZEN
Official Website: https://kaizen.finance/
Block Explorer (BEP-20): https://bscscan.com/token/0x4550003152f12014558e5ce025707e4dd841100f
Telegram: https://t.me/KaizenFinance
Twitter: https://twitter.com/kaizen_finance
Medium: https://kaizenfinance.medium.com/
Project Brief Introduction:
Kaizen Finance is a token lifecycle management platform for token creation and management, boosting project fair launch and letting Kaizen.Finance community to invest in top-notch projects. It gives any project a no-code solution to manage tokens from point zero and right to the moon!
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.
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/ttQSts4uWC
Instagram: https://www.instagram.com/mexcglobal/
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Enjoy trading on MEXC.
The MEXC Team
02 May 2022