MEXC will List Planet (AQUA) and Launch the "MX DeFi" Session

Dear users,

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

Deposit & Withdrawal: Opened
AQUA/USDT Trading: 2022-05-07 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 Planet community, the Planet team will launch a session of "MX DeFi'' to enable mining on AQUA tokens from May 07 to May 09. Throughout the campaign, users can stake MX and AQUA to earn liquidity yield on AQUA. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-05-07 12:00 (UTC)
Staking period: 2022-05-07 12:00 - 2022-05-09 16:00 (UTC)

The total yield pool includes 109 AQUA tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 87.2 AQUA liquidity yield (80% of the yield pool)
AQUA: no hard cap; a total of 21.8 AQUA 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 AQUA” to join
Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine AQUA” 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 AQUA, the yield supply of T day is 29.067 AQUA 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) * 29.067 AQUA = 0.5813 AQUA

Note:

Minimum Entry Requirement: 10 MX and 0.01 AQUA 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: Planet (AQUA)

Max Supply: 100,000 AQUA

Official Website: https://planet.finance/

Block Explorer (BEP-20): https://bscscan.com/token/0x72B7D61E8fC8cF971960DD9cfA59B8C829D91991

Twitter: https://twitter.com/planet_finance

Telegram: https://t.me/planet_finance

Discord: https://discord.gg/F3jaFeK2

Medium: https://planetfinanceio.medium.com/

Reddit: https://www.reddit.com/r/Planetfinance/

Instagram: https://www.instagram.com/planetfinance.io/?hl=en

Whitepaper

Project Brief Introduction:

AQUA is a deflationary governance token for Planet. AQUA has a MAX supply of 100,000 which has been reached. No more AQUA will ever be created. AQUA sits at the center of value creation on Planet, about 50% of all fees generated buy & burn AQUA increasing its scarcity.

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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