Dear users,
MEXC will list Linked Operation Transaction Technology (LOTT) in the Innovation Zone and open trading for the LOTT/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- LOTT/USDT Trading: 2022-05-06 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the Linked Operation Transaction Technology community, the Linked Operation Transaction Technology team will launch a session of "MX DeFi'' to enable mining on LOTT tokens from May 06 to May 08. Throughout the campaign, users can stake MX and LOTT to earn liquidity yield on LOTT. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-05-06 12:00 (UTC)
- Staking period: 2022-05-06 12:00 - 2022-05-08 16:00 (UTC)
The total yield pool includes 227,273 LOTT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 181,818 LOTT liquidity yield (80% of the yield pool)
- LOTT: no hard cap; a total of 45,455 LOTT 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 LOTT” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine LOTT” 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 LOTT, the yield supply of T day is 60,606 LOTT 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) * 60,606 LOTT = 1,212 LOTT
Note:
- Minimum Entry Requirement: 10 MX and 30 LOTT 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: Linked Operation Transaction Technology (LOTT)
Total Supply: 5,000,000,000 LOTT
Official Website: http://www.beautybakery.org/#main
Block Explorer (ERC-20): https://etherscan.io/token/0xba93ef534094f8b7001ece2691168140965341ab
Telegram: https://t.me/lottofficial
Twitter: https://twitter.com/lott__official
Medium: https://medium.com/@lott_official
Project Brief Introduction:
Linked Operation Transaction Technology leads the global cosmetics market through the convergence of beauty market trend and 4th industrial revolution technology. the LOTT project is trying to create a blockchain-based integrated platform where all participants can form an ecosystem with each other as follows: Establishing a cooperative system with influencers who promote and sell cosmetics directly or indirectly so that consumers and cosmetics retailers can win-win with each other, providing big data-based AI technology that can utilize VR and AR to purchase cosmetics, rewarding participants who directly purchase cosmetics, allowing sellers to issue points for consumers, etc.
LOTT wants to bring reality to the metaverse and at the same time help the real me to make positive and beneficial changes through the metaverse. The Health-verse service model that develop on the LOTT platform is an implementation of virtual reality that allows users to enjoy surreal within the metaverse and closely relate all these benefits to real life and health.
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:
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Enjoy trading on MEXC.
The MEXC Team
05 May 2022
