Dear users,
In conjunction and celebration with the rebranding of AMEPAY to AME Chain, a Quantum secure Blockchain, the AME Chain team will launch a session of "MX DeFi'' to enable mining on AME tokens from June 8th to June 10th. Throughout the campaign, users can stake MX and AME to earn liquidity yield on AME. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-06-08 03:00 (UTC)
- Staking period: 2022-06-08 03:00 - 2022-06-10 16:00 (UTC)
The total yield pool includes 3,000,000 AME tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 2,400,000 AME liquidity yield (80% of the yield pool)
AME: no hard cap; a total of 600,000 AME 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 AME” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine AME” 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 AME, the yield supply of T day is 800,000 AME 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) * 800,000 AME = 16,000 AME
Note:
- Minimum Entry Requirement: 10 MX and 1,000 AME 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: AME Chain (AME)
Total Supply: 500,000,000 AME
Official Website: https://amechain.io/
Block Explorer (Mainnet): https://amescan.io
Twitter: https://twitter.com/ame_pay
Telegram: https://t.me/amepay
Project Brief Introduction:
AME Chain is an ambitious project dedicated to the establishment of an unconditionally secure blockchain that can withstand the threats arising out of Quantum computing.
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
06 June 2022
