Dear users,
MEXC will list FantomStarter (FS) in the Innovation Zone and open trading for FS/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- FS/USDT Trading: 2022-01-18 06:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the FantomStarter community, the FantomStarter team will launch a session of "MX DeFi'' to enable mining on FS tokens from January 18 to January 20. Throughout the campaign, users can stake MX and FS to earn liquidity yield on FS. The staking period will last 3 days. Details are as follows:
1. Campaign start time: 2022-01-18 06:00 (UTC)
2. Staking period: 2022-01-18 06:00 - 2022-01-20 16:00 (UTC)
The total yield pool includes 1,000,000 FS tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 800,000 FS liquidity yield (80% of the yield pool)
FS: no hard cap; a total of 200,000 FS liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine FS” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine FS” 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 stakes 10,000 MX to earn FS, the yield supply of T day is 266,666 FS for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of:
(10,000 / 500,000) * 266,666 FS= 5,333 FS
Note:
1. Minimum Entry Requirement: 10 MX and 600 FS respectively;
2. If a user joins staking on day T, he/she can unlock the staking token on day T+1;
3. 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: FantomStarter (FS)
Total Supply: 1,000,000,000 FS
Official Website: https://www.fantomstarter.io/
Block Explorer (FRC-20): https://ftmscan.com/token/0xC758295Cd1A564cdb020a78a681a838CF8e0627D
Telegram: https://t.me/fantomstarterannouncement
Twitter: https://twitter.com/fantomstarter
Reddit: https://www.reddit.com/r/FantomStarter/
Medium: https://blog.fantomstarter.io/
Project Brief Introduction:
With FantomStarter, you can raise and invest capital on any blockchain while our decentralized investment app manages all the regulatory, compliance, and multi network responsibilities. This means your project can easily raise funds from a wider variety of investors; hassle free.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange 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
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
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.
The MEXC Team
17 January 2022
