MEXC Will List Golden Block Coin (GBC) and Launch a Session of “MX DeFi”

Dear users,

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

Deposit & Withdrawal: Opened
GBC/USDT Trading: 2022-03-24 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 Golden Block Coin community, the Golden Block Coin team will launch a session of "MX DeFi'' to enable mining on GBC tokens from March 23 to March 26. Throughout the campaign, users can stake MX and GBC to earn liquidity yield on GBC. The staking period will last 4 days. Details are as follows:

Campaign start time: 2022-03-23 03:00 (UTC)
Staking period: 2022-03-23 03:00 - 2022-03-26 16:00 (UTC)

The total yield pool includes 376,000 GBC tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 300,800 GBC liquidity yield (80% of the yield pool)

GBC: no hard cap; a total of 75,200 GBC 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 GBC” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GBC” 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 GBC, the yield supply of T day is 75,200 GBC 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) * 75,200 GBC = 1,504 GBC

Note:

Minimum Entry Requirement: 10 MX and 55 GBC 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: Golden Block Coin (GBC)

Total Supply: 1,000,000,000 GBC

Official Website: https://goldenblock.net/

Block Explorer (ERC-20): https://etherscan.io/token/0xB7447364eF42CfF09425a0FEaE703EE0b72647f9

Twitter: https://twitter.com/goldenblock555

Telegram: https://t.me/GoldenBlock1

Whitepaper

Project Brief Introduction:

GoldenBlock is an Ethereum blockchain-based global real estate platform.

It can digitize both tangible assets such as buildings and land and also intangible assets such as ownership in the real estate transactions.

Also users can execute P2P (Peer-to-peer) trading systems directly within the GoldenBlock platform.

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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