Dear users,
MEXC will list ZORO INU (ZORO) in the Innovation Zone and open trading for ZORO/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- ZORO/USDT Trading: 2022-03-27 04:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone. Please be cautious of the risks.
To give thanks to the ZORO community, the ZORO INU team will launch a session of "MX DeFi'' to enable mining on ZORO tokens from March 27 to March 29. Throughout the campaign, users can stake MX and ZORO to earn liquidity yield on ZORO. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022-03-27 04:00 (UTC)
- Staking period: 2022-03-27 04:00 - 2022-03-29 16:00 (UTC)
The total yield pool includes 3,600,000,000,000 ZORO tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 2,880,000,000,000 ZORO liquidity yield (80% of the yield pool)
- ZORO: no hard cap; a total of 720,000,000,000 ZORO liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “Stake to mine ZORO” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ZORO” 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 ZORO, the yield supply of T day is 960,000,000,000 ZORO 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) * 960,000,000,000 ZORO = 19,200,000,000 ZORO
Note:
- Minimum Entry Requirement: 10 MX and 660,000,000 ZORO 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: ZORO INU (ZORO)
Total Supply: 1,000,000,000,000,000 ZORO
Official Website: https://www.zoroinu.io/
Block Explorer (BEP-20): https://bscscan.com/address/0x05ad901cf196cbdceab3f8e602a47aadb1a2e69d#code
Twitter: https://twitter.com/ZoroToken
Telegram: t.me/zoroinucommunity
Medium: https://zoroinu.medium.com/
Project Brief Introduction:
Zoro Inu is a community-controlled deflationary token. Zoro Inu's purpose is to develop solutions that will make the cryptocurrency space safer and easier to understand for everyone.
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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The MEXC Team
26 March 2022