Dear users,
MEXC will list Onston (ONSTON) in the Innovation Zone and open trading for the ONSTON/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- ONSTON/USDT Trading: 2022-03-15 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the ONSTON community, the Onston team will launch a session of "MX DeFi'' to enable mining on ONSTON tokens from March 15 to March 17. Throughout the campaign, users can stake MX and ONSTON to earn liquidity yield on ONSTON. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-03-15 12:00 (UTC)
- Staking period: 2022-03-15 12:00 - 2022-03-17 16:00 (UTC)
The total yield pool includes 783,057 ONSTON tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 626,446 ONSTON liquidity yield (80% of the yield pool)
ONSTON: no hard cap; a total of 156,611 ONSTON 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 ONSTON” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ONSTON” 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 ONSTON, the yield supply of T day is 208,815 ONSTON 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) * 208,815 ONSTON = 4.176 ONSTON
Note:
- Minimum Entry Requirement: 10 MX and 90 ONSTON 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: Onston (ONSTON)
Max Supply: 1,000,000,000 ONSTON
Official Website: https://onston.network/
Block Explorer (ERC20):
https://etherscan.io/token/0x47b9f01b16e9c9cb99191dca68c9cc5bf6403957
Twitter: https://twitter.com/onstonofficial
Telegram: https://t.me/onstongroup
Medium: https://medium.com/@ONSTON
Project Brief Introduction:
ONSTON is a decentralized Multi-metaverse. It aims to be a gateway that all metaverses can freely enter and exit. ONSTON is a link that integrates or expands all members of the metaverse community. The ONSTON team will build a multi-metaverse to integrate various metaverses. To combine other various metaverses, ONSTON will build a game, economy, cultural, and communication platform on the ONSTON metaverse using our VR(Virtual reality) and AR(Augmented reality), production known- how, facial recognition technology, and VR game technology to provide users with a more advanced experience. Also, Using ONSTON's create tool, users can bring their NFT from other metaverses and enjoy our metaverse.
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:
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Enjoy trading on MEXC.
The MEXC Team
14 March 2022
