Dear users,
MEXC will list Hedera (HBAR) in the Innovation Zone and open trading for the HBAR/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- HBAR/USDT Trading: 2022-05-07 08:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the Hedera community, the Hedera team will launch a session of "MX DeFi'' to enable mining on HBAR tokens from May 07 to May 09. Throughout the campaign, users can stake MX and HBAR to earn liquidity yield on HBAR. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-05-07 08:00 (UTC)
- Staking period: 2022-05-07 08:00 - 2022-05-09 16:00 (UTC)
The total yield pool includes 295,203 HBAR tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 236,163 HBAR liquidity yield (80% of the yield pool)
- HBAR: no hard cap; a total of 59,040 HBAR liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine HBAR” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine HBAR” 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 stake 10,000 MX to earn HBAR, the yield supply of T day is 78,721 HBAR for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:
(10,000 / 500,000) * 78,721 HBAR = 1,574.42 HBAR
Note:
- Minimum Entry Requirement: 10 MX and 30 HBAR 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: Hedera (HBAR)
Total Supply: 50,000,000,000 HBAR
Official Website: www.hedera.com
Block Explorer (Mainnet): https://hash-hash.info/
Telegram: https://t.me/hederahashgraph
Twitter: https://twitter.com/hedera
Medium: https://medium.com/hedera
Discord: https://hedera.com/discord
Reddit: https://www.reddit.com/r/Hedera/
Facebook: https://www.facebook.com/hashgraph
Project Brief Introduction:
Hedera is the most used enterprise-grade public network for you to make your digital world exactly as it should be – yours. HBAR is the native, energy-efficient cryptocurrency of Hedera that powers the decentralized economy. Whether you're a startup or enterprise, a creator or consumer, Hedera goes beyond blockchain for developers to create the next era of fast, fair, and secure applications.
Learn more about Hedera (HBAR): What is Hedera (HBAR)
Learn How to Buy Hedera (HBAR)
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC 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
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Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
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Enjoy trading on MEXC.
The MEXC Team
06 May 2022
