Dear users,
MEXC will list ARTIC FOUNDATION (ARTIC) in the Innovation Zone and open trading for ARTIC/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- ARTIC/USDT Trading: 2022-03-10 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the ARTIC FOUNDATION community, the ARTIC FOUNDATION team will launch a session of "MX DeFi'' to enable mining on ARTIC tokens from March 10 to March 12. Throughout the campaign, users can stake MX and ARTIC to earn liquidity yield on ARTIC. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-03-10 14:00 (UTC)
- Staking period: 2022-03-10 14:00 - 2022-03-12 16:00 (UTC)
The total yield pool includes 26,000 ARTIC tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 20,800 ARTIC liquidity yield (80% of the yield pool)
ARTIC: no hard cap; a total of 5,200 ARTIC 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 ARTIC” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ARTIC” 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 ARTIC, the yield supply of T day is 6,933 ARTIC 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) * 6,933 ARTIC = 138 ARTIC
Note:
- Minimum Entry Requirement: 10 MX and 5 ARTIC 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: ARTIC FOUNDATION (ARTIC)
Total Supply: 100,000,000 ARTIC
Official Website: https://artic.foundation/
Block Explorer (ERC-20): https://etherscan.io/token/0xe83d5fb2c60b3a2597452e248cf7b2f52a7e731e
Telegram: https://t.me/articfoundation
Twitter: https://twitter.com/articfoundation
Medium: https://medium.com/@Articfoundation
Project Brief Introduction:
ARTIC is a blockchain-based Art Gallery Platform, which empowers its own NFT ecosystem to assetize diverse art masterpieces. The application of the blockchain serves as a core element to foster the reconsideration of the perception of artworks by providing tangible and intangible services that can lead to the exhibition of domestic and foreign artworks and further impact the activation of the exchanges with artists around the globe. The blockchain technology further promotes an active trading and convenience in quality artworks through the design and development of related software and contributes to the expansion of the base of advanced art culture.
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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The MEXC Team
09 March 2022