[Initial Listing] MEXC Will List NuNet (NTX) and Launch a Session of “MX DeFi”

Dear users,
MEXC will list NuNet (NTX) in the Innovation Zone and open trading for NTX/USDT trading pair. The specific timeline is as shown below:

  1. Deposit & Withdrawal: Opened
  2. NTX/USDT Trading: 2022-01-07 10:00 (UTC)

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

 

A session of "MX DeFi'' to enable mining on NTX tokens from January 07 to January 09 will be launched. Throughout the campaign, users can stake MX and NTX to earn liquidity yield on NTX. The staking period will last 3 days. Details are as follows:

 

  1. Campaign start time: 2022-01-07 10:00 (UTC)
  2. Staking period: 2022-01-07 10:00 - 2022-01-09 16:00 (UTC)

 

The total yield pool includes 240,000 NTX tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 192,000 NTX liquidity yield (80% of the yield pool)

NTX : no hard cap; a total of 48,000 NTX 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 NTX” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine NTX” 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 NTX, the yield supply of T day is 64,000 NTX 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) * 64,000 NTX= 1,280 NTX

 

Note:

1. Minimum Entry Requirement: 10 MX and 245 NTX 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: NuNet (NTX)

Total Supply: 1,000,000,000 NTX

Official Website: https://nunet.io/

Block Explorer (ERC-20): https://etherscan.io/token/0xf0d33beda4d734c72684b5f9abbebf715d0a7935

Telegram: https://t.me/NuNet_Community

Twitter: https://twitter.com/nunet_global

Medium: https://medium.com/nunet

Whitepaper

 

Project Brief Introduction: 

NuNet is the second project to spin-off from SingularityNET and the first project to launch from the SingularityDAO Launchpool.

 

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:

Medium: https://medium.com/mexcglobal   

Telegram: https://t.me/MEXCEnglish   

MEXC trading: https://t.me/MEXCTradeofficial   

Twitter: https://twitter.com/MEXC_Global   

https://twitter.com/MEXC_Fans   

Facebook: https://www.facebook.com/mexcglobal   

Discord: https://discord.gg/zu5drS8   

Instagram: https://www.instagram.com/mexcglobal/   

 

Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite   

Buy USDT Instantly here: https://otc.mexc.com/

 

Enjoy trading on MEXC.

The MEXC Team

06 January 2021

 

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