MEXC Will Launch a Session of MX DeFi with VIMworld (VEED)

Dear users, 

To give thanks to the VEED community, the VIMworld team will launch a session of "MX DeFi'' to enable mining on VEED tokens from January 12 to January 14. Throughout the campaign, users can stake MX and VEED to earn liquidity yield on VEED. The staking period will last 3 days. Details are as follows:

 

1. Campaign start time: 2022-01-12 02:00 (UTC)
2. Staking period: 2022-01-12 02:00 - 2022-01-14 16:00 (UTC)

 

The total yield pool includes 7,200,000 VEED tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 5,040,000 VEED liquidity yield (70% of the yield pool)

VEED: no hard cap; a total of 2,160,000 VEED liquidity yield (30% of the yield pool)

 

Ways to participate:

a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine VEED” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine VEED” 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 VEED, the yield supply of T day is 1,680,000 worth of VEED 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) * 1,680,000 worth of VEED= 33,600 VEED

 

Note:

1. Minimum Entry Requirement: 10 MX and 1250 VEED respectively;
2. If a user joins staking on day T, he/she can unlock the staking token on day T+1;
3. 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: VIMworld (VEED)

Total Supply: 100,000,000,000 VEED

Official Website: https://www.vimworld.com 

Block Explorer: https://explore.vechain.org/accounts/0x67fd63f6068962937ec81ab3ae3bf9871e524fc9/ 

Telegram: https://t.me/VIMworld 

Twitter: https://twitter.com/VIMworldGlobal 

Whitepaper

 

Project Brief Introduction: 

VEED is the ecosystem utility and governance token of VIMworld, an Open-Metaverse Project built on VeChainThor Blockchain focused on Play-to-Earn Gaming Ecosystem and Smart NFT collectibles. The VEED token is used for a variety of utilities within the VIMworld Ecosystem, including VIM feeding, trading, adoption, farming, rewards, governance, and more.

 

For details on past events and listing arrangements, please refer to: MEXC Will List VIMworld (VEED) - Deposit and Trade to Share 7,200,000 VEED!

 

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

11 January 2022