Dear users,
MEXC will list GMT Token (GMT) in the Innovation Zone and open trading for GMT/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- GMT/USDT Trading: 2021-12-10 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 GMT community, the GMT Token team will launch a session of "MX DeFi'' to enable mining on GMT tokens from December 10 to December 14. Throughout the campaign, users can stake MX and BIT to earn liquidity yield on GMT. The staking period will last 5 days. Details are as follows:
- Campaign start time: 2021-12-10 08:00 (UTC)
- Staking period: 2021-12-10 08:00 - 2021-12-14 16:00 (UTC)
The total yield pool includes 200,000 GMT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 160,000 GMT liquidity yield (80% of the yield pool)
BIT: no hard cap; a total of 40,000 GMT 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 GMT” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GMT” 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 GMT, the yield supply of T day is 32,000 GMT 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) * 32,000 GMT= 640 GMT
Note:
1. Minimum Entry Requirement: 10 MX and 5 BIT 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: GMT Token (GMT)
Total Supply: 200,885,692 GMT
Official Website: https://gmt.io/en
Block Explore (ERC-20): https://etherscan.io/token/0x7Ddc52c4De30e94Be3A6A0A2b259b2850f421989
Telegram: https://t.me/gmt_token_talk
Twitter: https://twitter.com/GMT_Token
Reddit: https://www.reddit.com/r/GoMiningToken
Project Brief Introduction:
A token backed by real assets that brings in constantly growing daily BTC income to its owner.
Each GMT is backed by real computing power (TH/s) via the SHA-256 protocol. Tokens issued via a smart contract of the Ethereum (ETH) and Binance Smart Chain (BSC) blockchain platforms.
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:
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Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite
Enjoy trading on MEXC.
The MEXC Team
9 December 2021
