Dear users,
MEXC will list Melos Studio (MELOS) in the Innovation Zone and open trading for MELOS/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- MELOS/USDT Trading: 2022-03-21 09:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the Melos Studio community, the Melos Studio team will launch a session of "MX DeFi'' to enable mining on MELOS tokens from March 21 to March 23. Throughout the campaign, users can stake MX and MELOS to earn liquidity yield on MELOS. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-03-21 09:00 (UTC)
- Staking period: 2022-03-21 09:00 - 2022-03-23 16:00 (UTC)
The total yield pool includes 103,118 MELOS tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 82,495 MELOS liquidity yield (80% of the yield pool)
MELOS: no hard cap; a total of 20,623 MELOS 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 MELOS” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine MELOS” 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 MELOS, the yield supply of T day is 27,498 MELOS 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) * 27,498 MELOS= 549.96 MELOS
Note:
- Minimum Entry Requirement: 10 MX and 20 MELOS 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: Melos Studio (MELOS)
Max Supply: 1,000,000,000 MELOS
Official Website: https://melos.studio/
Block Explorer:
(ERC-20) https://etherscan.io/token/0x1afb69dbc9f54d08dab1bd3436f8da1af819e647
(BEP-20) https://bscscan.com/token/0x3CC194Cb21E3B9d86dD516b4d870B82fAfb4C02E
Telegram: https://t.me/Melos_StudioOfficial
Twitter: https://twitter.com/melos_studio
Discord: https://discord.com/invite/melos
Project Brief Introduction:
Melos is a decentralized meta+music web3 collaboration platform for musicians and music creators that founded in 2020 in Taiwan. Melos Studio is a new unique create-to-earn music ecosystem on ETH, BSC and FLOW blockchain. Whether you are casual music fans or seasoned musicians/producers, the Melos platform provides tools and features to take not only music enjoyment but also NFTs to the next level.
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.
Find us on
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Discord: https://discord.gg/agZNfksc2T
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Enjoy trading on MEXC.
The MEXC Team
20 March 2022
