MEXC Will List Lemonchain (LEMC) and Launch a Session of “MX DeFi”

Dear users,

MEXC will list Lemonchain (LEMC) in the Innovation Zone and open trading for the LEMC/USDT trading pair. The specific timeline is shown below:

  • Deposit & withdrawal: Opened
  • LEMC/USDT Trading: 2022-04-16 10:00 (UTC)

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

 

To give thanks to the Lemonchain community, the Lemonchain team will launch a session of "MX DeFi'' to enable mining on LEMC tokens from April 16 to April 18. Throughout the campaign, users can stake MX and LEMC to earn liquidity yield on LEMC. The staking period will last 3 days. Details are as follows:

  • Start time: 2022-04-16 10:00 (UTC)
  • Staking period: 2022-04-16 10:00 - 2022-04-18 16:00 (UTC)

 

The total yield pool includes 37,000 LEMC tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 29,600 LEMC liquidity yield (80% of the yield pool)

LEMC: no hard cap; a total of 7,400 LEMC 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 LEMC” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine LEMC” 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 LEMC, the yield supply of T day is 9,867 LEMC 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) * 9,867 LEMC= 197.34 LEMC

 

Note:

  • Minimum Entry Requirement: 10 MX and 5 LEMC respectively;
  • If a user joins staking on day T, he/she can unlock the staked tokens 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: Lemonchain (LEMC)

Total Supply: 3,000,000,000 LEMC

Official Website:  http://lemonchain.io/

Block Explorer: 

https://scope.klaytn.com/token/0xe15b6cc249af44f2057f85a609285519a318f2ff?tabId=tokenTransfer

Twitter: https://twitter.com/LEMC_GLOBAL

Telegram: https://t.me/LEMONCHAIN_Official

Medium: https://lemonchain.medium.com/

Whitepaper

 

Project Brief Introduction: 

LEMONCHAIN is an open data ecosystem enhancing the individual patients’ healthcare data authority through the decentralization of EMR (electronic medical record) by blockchain technology. Since the ecosystem ensures individuals access and utilizes their own healthcare data, it can reduce information asymmetry between individual patients and medical institutions. And it has a structure that enables mutual compensation between ecosystem participants by creating a system that allows consumers to participate actively. The goal of LEMONCHAIN is to become a standard blockchain protocol and platform for the global healthcare market through the LEOMCHAIN ecosystem.

 

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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Enjoy trading on MEXC.

The MEXC Team

15 April 2022