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

Dear users,

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

Deposit & Withdrawal: Opened
SG/USDT Trading: 2022-02-28 10:00 (UTC)

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

Deposit SG and Share 10,000 SG!

Activity Period: 2022-02-25 10:00 to 2022-03-01 16:00 (UTC)

During the activity period, users who deposit SG with a net deposit of no less than 50 SG could share a total of 10,000 SG prize pool in proportion to the net deposit amount.

Project Info

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

Project Name: SocialGood (SG)

Max Total Supply: 210,000,000 SG

Official Website: https://socialgood.inc

Block Explorer (ERC-20): https://etherscan.io/token/0xddf7fd345d54ff4b40079579d4c4670415dbfd0a

Twitter: https://twitter.com/socialgood_inc

Telegram: https://t.me/SocialGood_io

Facebook: https://socialgood-whitepaper.com/

Instagram: https://www.instagram.com/socialgood.app/

Medium: https://socialgood-whitepaper.com/

Whitepaper

Project Brief Introduction:

Users earn SocialGood (SG) Crypto Back rewards just by shopping at popular stores through the SocialGood App. There are over 1,800 stores partnered with the app, including AliExpress, eBay, Nike, and more. The app has over 1.85 million users worldwide. Users who hold their SG can earn up to 15% APY staking rewards, awarded every 6 hours.

"MX DeFi" - Stake MX and SG to Earn Yield of SG

Exciting News! The SocialGood (SG) team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 30,000 SG up for grabs!

Users can stake their MX and SG to earn a liquidity yield of SG over 3 days. Specific details are as below.

Event starting time: 2022-02-28 10:00 (UTC)
Staking period: 2022-02-28 10:00 - 2022-03-02 16:00 (UTC)
Staking tokens and yield allocation:

MX: no hard cap; a total of 24,000 SG liquidity yield (80% of the yield pool)
SG: no hard cap; a total of 6,000 SG liquidity yield (20% of the yield pool)

Participation method:

Web: Log in to the MEXC official website – Find "Earn" on the Navigation Bar – Click "MX DeFi" to enter the event page — Select "Staking Now"
APP: Find "MX DeFi" on the homepage to enter the event page – Select "Staking Now”

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 SG, the yield supply of T day is 8,000 SG 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) * 8,000 SG = 160 SG

Note:

Entry standard: 10 MX, 10 SG
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.
Net Deposit = Deposit - Withdrawal
Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible for the rewards.
MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
MEXC has the final interpretation right of the event.

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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