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

Dear users,

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

Deposit & Withdrawal: Opened
AZIT/USDT Trading: 2022-03-19 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 Azit community, the Azit team will launch a session of "MX DeFi'' to enable mining on AZIT tokens from March 19 to March 21. Throughout the campaign, users can stake MX and AZIT to earn liquidity yield on AZIT. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-03-19 10:00 (UTC)
Staking period: 2022-03-19 10:00 - 2022-03-21 16:00 (UTC)

The total yield pool includes 70,000 AZIT tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 56,000 AZIT liquidity yield (80% of the yield pool)

AZIT: no hard cap; a total of 14,000 AZIT 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 AZIT” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine AZIT” 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 AZIT, the yield supply of T day is 18,666 AZIT 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) * 18,666 AZIT = 373 AZIT

Note:

Minimum Entry Requirement: 10 MX and 10 AZIT 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: Azit (AZIT)

Total Supply: 500,000,000 AZIT

Official Website: https://www.azit.partners/

Block Explorer (KIP-7): https://scope.klaytn.com/token/0x6cef6dd9a3c4ad226b8b66effeea2c125df194f1?tabId=tokenTransfer

Telegram: https://t.me/azitalliance

Twitter: https://twitter.com/azit_alliance

Medium: https://medium.com/azitalliance

Whitepaper

Project Brief Introduction:

Azit is a blockchain-based, point integration platform for real estate and residential services. Azit partners with companies like Dabang and WeMatch Daisa which are no. 1 real estate and moving service in Korea. Partners are interlocked with Azit DAPP where users can exchange their mileage point against AZIT Token to use the proper residential service in need.

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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