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Whitecoin · Mar 17, 2021

Whitecoin(XWC) Will Be Listed at MXC & Join in the 41st Yield Mining of MXC

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MXC will list Whitecoin (XWC) in the Assessment Zone and open trading for XWC/USDT trading pair at 20:00(UTC+8), March 17. And MXC will launch the 41st session "MX DeFi" on March 17. The details are as follows. https://preview.redd.it/7cj4zy7aqin61.png?width=1280&format=png&auto=webp&s=338ae8efa4ec7f24508d5c01caeac661148abc21 The 41st Session "MX DeFi" - Stake XWC, MX, ETH to Earn Yield of…

Whitecoin(XWC) Will Be Listed at MXC & Join in the 41st Yield Mining of MXC

MXC will list Whitecoin (XWC) in the Assessment Zone and open trading for XWC/USDT trading pair at 20:00(UTC+8), March 17. And MXC will launch the 41st session "MX DeFi" on March 17. The details are as follows.

https://preview.redd.it/7cj4zy7aqin61.png?width=1280&format=png&auto=webp&s=338ae8efa4ec7f24508d5c01caeac661148abc21

The 41st Session "MX DeFi" - Stake XWC, MX, ETH to Earn Yield of Whitecoin (XWC)

The 41st session of "MX DeFi" Yield Mining is coming. Users can stake XWC, MX, ETH to earn liquidity yield of Whitecoin (XWC)). The staking period will last 4 days. The details are as follow:

1. Activity starting time: 10:00, March 17(UTC+8), 2021

2. Staking period: March 17 - March 20 (4 days in total)

3. Staking coins and yield allocation:

  • XWC: no hard cap; a total of 5,040 XWC liquidity yield (40% of the yield pool)
  • MX: no hard cap; a total of 3,780 XWC liquidity yield (30% of the yield pool)
  • ETH: no hard cap; a total of 3,780 XWC liquidity yield (30% of the yield pool)

4. Participation method:

  • Login MXC website > "MX DeFi" > find relevant product to join
  • MXC APP > Homepage > "MX DeFi" > find relevant product to join

5. 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 stake 10,000 MX to earn XWC, the yield supply of T day is 630 XWC 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) * 630 XWC = 12.6 XWC

Note:

1. Entry standard: 10 XWC, 10 MX, 0.01 ETH respectively

2. If a users join staking on T day, he/she can unlocking the coin on the T+1 day;

3. The yield is calculated daily, and will be distributed to user's account on the next day.

Whitecoin (XWC) Will be Listed in Assessment Zone

1.Deposit & Withdrawal: opened

2. Trading: 20:00 (UTC+8), March 17

submitted by /u/XWC-Whitecoin
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