MEXC Will List Anduschain (DEB) and Launch a Session of “MX DeFi”

Dear users,

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

Deposit & Withdrawal: Opened
DEB/USDT Trading: 2022-04-01 07:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

To give thanks to the Anduschain community, the Anduschain team will launch a session of "MX DeFi'' to enable mining on DEB tokens from April 01 to April 03. Throughout the campaign, users can stake MX and DEB to earn liquidity yield on DEB. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-04-01 07:00 (UTC)
Staking period: 2022-04-01 07:00 - 2022-04-03 16:00 (UTC)

The total yield pool includes 266,122 DEB tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 212,898 DEB liquidity yield (80% of the yield pool)

DEB: no hard cap; a total of 53,224 DEB 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 DEB” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine DEB” 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 DEB, the yield supply of T day is 70,966 DEB 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) * 70,966 DEB = 1,419 DEB

Note:

Minimum Entry Requirement: 10 MX and 25 DEB 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: Anduschain (DEB)

Total Supply: 1,000,000,000 DEB

Official Website: https://www.anduschain.io/

Block Explorer (Mainnet): https://explorer.anduschain.io/

Telegram 01: https://t.me/andusofficial

Telegram 02: https://t.me/andusnews

Twitter: https://twitter.com/AndusChain

Medium: https://medium.com/anduschain

Whitepaper

Project Brief Introduction:

AndusChain is the public permissionless blockchain which enables decentralization to be sustainable. It has the world's first 'deb' consensus algorithm which provides equal mining opportunities regardless of computing power or power of stake. It has the highest TPS(1,000 TPS) amongst public permissionless blockchains and it has very low transmission fee. With this functional benefits, Anduschain is expanding various business areas.

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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