Dear users,
MEXC will list AlphaDEX (ROAR) in the Innovation Zone and open trading for the ROAR/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- ROAR/USDT Trading: 2022-02-24 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 ROAR community, the AlphaDEX team will launch a session of "MX DeFi'' to enable mining on ROAR tokens from February 23 to February 25. Throughout the campaign, users can stake MX and ROAR to earn liquidity yield on ROAR. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-02-23 03:00 (UTC)
- Staking period: 2022-02-23 03:00 - 2022-02-25 16:00 (UTC)
The total yield pool includes 106,665 ROAR tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 85,332 ROAR liquidity yield (80% of the yield pool)
ROAR: no hard cap; a total of 21,333 ROAR 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 ROAR” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ROAR” 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 ROAR, the yield supply of T day is 28,444 ROAR 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) * 28,444 ROAR= 568.88 ROAR
Note:
1. Minimum Entry Requirement: 10 MX and 10 ROAR 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: AlphaDEX (ROAR)
Total Supply: 120,000,000
Official Website: https://alphadex.io
Block Explorer (BEP-20, MOVR):
https://bscscan.com/token/0xe561Ebd0D7f9b2BD81DA6e7DA655030DCb0a926b
https://moonriver.moonscan.io/token/0x8E7Cd893D8f371051a39aA65976Bca22d7b02A60
Telegram: https://t.me/alpdadex
Twitter: https://twitter.com/thealphadex
Project Brief Introduction:
Alphadex is an innovative decentralized AMM, Incubator, Yield Farming & NFT Launch solution powered by Ethereum.
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.
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Enjoy trading on MEXC.
The MEXC Team
22 February 2022
