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

Dear users,

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

Deposit & Withdrawal: Opened
MKC/USDT Trading: 2022-04-30 10:00 (UTC)

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

To give thanks to the Meta Kongz community, the Meta Kongz team will launch a session of "MX DeFi'' to enable mining on MKC tokens from April 30 to May 02. Throughout the campaign, users can stake MX and MKC to earn liquidity yield on MKC. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-04-30 10:00 (UTC)
Staking period: 2022-04-30 10:00 - 2022-05-02 16:00 (UTC)

The total yield pool includes 8,174 MKC tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 6,540 MKC liquidity yield (80% of the yield pool)
MKC: no hard cap; a total of 1,634 MKC 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 MKC” to join
Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine MKC” 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 MKC, the yield supply of T day is 2,180 MKC 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) * 2,180 MKC = 43.6 MKC

Note:

Minimum Entry Requirement: 10 MX and 2 MKC 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.

Project Info

(This information is provided by the project team. Strictly for references only.)

Project Name: Meta Kongz (MKC)

Total Supply: 315,960,000 MKC

Official Website: https://themetakongz.com/

Block Explorer (KIP-7): https://scope.klaytn.com/token/0x119883ee408aa5b9625c5d09a79fa8be9f9f6017?tabId=tokenTransfer

Telegram: https://t.me/the_metakongz

Twitter: https://twitter.com/meta_kongz

Discord: https://discord.com/invite/metakongz

Whitepaper

Project Brief Introduction:

Meta Kongz are unique and randomly generated 3D NFT PFPs and are ranked the no.1 NFT project on Opensea based on the Klaytn blockchain.

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.

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