Dear users,
MEXC will list Medacoin (MEDA) in the Innovation Zone and open trading for MEDA/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- MEDA/USDT Trading: 2022-01-31 08:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
Notice: MEXC Regarding Medacoin (MEDA)'s Tokenomics:
According to the MEDA tokenomics, 5% of each MEDA on-chain transaction will be charged. Therefore, the actual on-chain deposit amount to MEXC is 90% of your initial deposit amount.
To give thanks to the Medacoin community, the Medacoin team will launch a session of "MX DeFi'' to enable mining on MEDA tokens from January 31 to February 02. Throughout the campaign, users can stake MX and MEDA to earn liquidity yield on MEDA. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-01-31 08:00 (UTC)
- Staking period: 2022-01-31 08:00 - 2022-02-02 16:00 (UTC)
The total yield pool includes 130,000,000 MEDA tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 104,000,000 MEDA liquidity yield (80% of the yield pool)
MEDA: no hard cap; a total of 26,000,000 MEDA liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “Stake to mine MEDA” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine MEDA” 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 stakes 10,000 MX to earn MEDA, the yield supply of T day is 34,666,667 MEDA for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of:
(10,000 / 500,000) * 34,666,667 MEDA = 693,333 MEDA
Note:
1. Minimum Entry Requirement: 10 MX and 16,600 MEDA respectively;
2. If a user joins staking on day T, he/she can unlock the staking token on day T+1;
3. 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: Medacoin (MEDA)
Total Supply: 100,000,000,000 MEDA
Official Website: https://www.medabots.io/
Block Explorer: BEP-20
https://bscscan.com/token/0x9130990dd16ed8be8be63e46cad305c2c339dac9
Twitter: https://twitter.com/MedabotsWorld
Telegram: https://t.me/MedabotsOfficialChannel
Discord: https://discord.com/invite/medabots
Project Brief Introduction:
MEDA is a new cryptocurrency (BNB token) that gives videogame users the ability to manage their virtual in-game goods! Not only will the token be the native currency of the Medabots NFT Marketplace, there are five other ways in which Medacoin can be utilized.
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.
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/
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Enjoy trading on MEXC.
The MEXC Team
30 January 2022
