[Initial Listing]MEXC will List COINGHOST (COINGHOST) and Launch the "MX DeFi" Session

Dear users,

MEXC will list COINGHOST (COINGHOST) in the Innovation Zone and open trading for the COINGHOST/USDT trading pair. The specific timeline is as shown below:

Deposit & Withdrawal: Opened
COINGHOST/USDT Trading: 2022-04-19 07:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.

To give thanks to the COINGHOST community, the COINGHOST team will launch a session of "MX DeFi'' to enable mining on COINGHOST tokens from April 19 to April 21. Throughout the campaign, users can stake MX and COINGHOST to earn liquidity yield on COINGHOST. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-04-19 07:00 (UTC)
Staking period: 2022-04-19 07:00 - 2022-04-21 16:00 (UTC)

The total yield pool includes 187,500 COINGHOST tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 150,000 COINGHOST liquidity yield (80% of the yield pool)
COINGHOST: no hard cap; a total of 37,500 COINGHOST 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 COINGHOST” to join
Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine COINGHOST” 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 COINGHOST, the yield supply of T day is 50,000 COINGHOST 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) * 50,000 COINGHOST = 1,000 COINGHOST

Note:

Minimum Entry Requirement: 10 MX and 30 COINGHOST respectively;
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.

For details of previous activities and project information, please refer to: [Initial Listing] MEXC Kickstarter - Vote to Win Free 312,500 COINGHOST (COINGHOST) Airdrops!

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

https://twitter.com/MEXC_Fans

Facebook: https://www.facebook.com/mexcglobal

Discord: https://discord.gg/ttQSts4uWC

Instagram: https://www.instagram.com/mexcglobal/

Refer a friend to enjoy a high rebate; create your personalized invitation link today: https://www.MEXC.com/invite

Buy USDT Instantly here: https://otc.mexc.com/

Enjoy trading on MEXC.