MEXC will List Revoland (REVO) and Launch the "MX DeFi" Session

Dear Users,

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

Deposit & Withdrawal: Opened
REVO/USDT Trading: 2022-06-20 15:00 (UTC)

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

To give thanks to the REVO community, the Revoland team will launch a session of "MX DeFi'' to enable mining on REVO tokens from June 20 to June 22. Throughout the campaign, users can stake MX and REVO to earn liquidity yield on REVO. The staking period will last 3 days. Details are as follows:

Start time: 2022-06-20 15:00 (UTC)
Staking period: 2022-06-20 15:00 - 2022-06-22 16:00 (UTC)

The total yield pool includes 50,000 REVO tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 40,000 REVO liquidity yield (80% of the yield pool)

REVO: no hard cap; a total of 10,000 REVO 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 REVO” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine REVO” 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 BioFi, the yield supply of T day is 13,333 REVO 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) * 13,333 REVO = 266.67 REVO

Note:

Minimum Entry Requirement: 10 MX and 8 REVO 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.

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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