Dear users,
MEXC will list KStarCoin (KSC) in the Innovation Zone and open trading for KSC/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- KSC/USDT Trading: 2022-02-11 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the KStarCoin community, the KStarCoin team will launch a session of "MX DeFi'' to enable mining on KSC tokens from February 11 to February 13. Throughout the campaign, users can stake MX and KSC to earn liquidity yield on KSC. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-02-11 14:00 (UTC)
- Staking period: 2022-02-11 14:00 - 2022-02-13 16:00 (UTC)
The total yield pool includes 320,000 KSC tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 256,000 KSC liquidity yield (80% of the yield pool)
KSC: no hard cap; a total of 64,000 KSC 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 KSC” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine KSC” 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 KSC, the yield supply of T day is 85,333 KSC 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) * 85,333 KSC =1,706 KSC
Note:
- Minimum Entry Requirement: 10 MX and 135 KSC 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: KStarCoin (KSC)
Total Supply: 1,000,000,000 KSC
Official Website: https://kstarcoin.com/
Block Explorer: ERC-20
https://etherscan.io/token/0x990e081a7b7d3ccba26a2f49746a68cc4ff73280
Twitter: https://twitter.com/kstarlivecom
Telegram: https://t.me/joinchat/GeOUSUZPyVpuOHvUMHmKkQ
Reddit: https://www.reddit.com/r/KStarCoin
Project Brief Introduction:
KStarCoin (KSC) was created by KStarLive, a Hallyu media platform with 10 million subscribers worldwide, to expand the Hallyu ecosystem around the world and connect decentralized fans with K-artists using blockchain technology. KSC is used to purchase KStarNFT that transfers various products such as concert tickets, Idol photo cards, and CD albums that have been purchased by Hallyu fans in the traditional market to the digital world and allows fans to crowdfund K-pop performances, to support K-pop idols for their promotions or birthday.
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
10 February 2022