MEXC Exchange Launches the “MX DeFi” Session for Galaxy Fight Club (GCOIN)
To give thanks to the Galaxy Fight Club community, MEXC Exchange launches the “MX DeFi’’ Session to enable mining on GCOIN tokens from January 24 to January 26. Throughout the campaign, users can stake MX and GCOIN to earn liquidity yield on GCOIN. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022–01–24 02:00 (UTC)
- Staking period: 2022–01–24 02:00–2022–01–26 16:00 (UTC)
The total yield pool includes 21,333 GCOIN tokens. Hard cap and allocation details to each staking crypto asset are as follows:
- MX: no hard cap; a total of 17,066 GCOIN liquidity yield (80% of the yield pool)
- GCOIN: no hard cap; a total of 4,267 GCOIN liquidity yield (20% of the yield pool)
Ways to participate:
- Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine GCOIN” to join
- Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GCOIN” 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 GCOIN, the yield supply of T day is 5,688.8 GCOIN 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) * 5,688.8 GCOIN = 113.776 GCOIN
Note:
- Minimum Entry Requirement: 10 MX and 6 GCOIN 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: Galaxy Fight Club (GCOIN)
Total Supply: 150,000,000 GCOIN
Official Website: https://galaxyfightclub.com/
Block Explorer (Matic):
https://polygonscan.com/address/0x071ac29d569a47ebffb9e57517f855cb577dcc4c
Telegram: https://t.me/galaxyfightclub_nft
Twitter: https://twitter.com/GalaxyFight_NFT
Project Brief Introduction:
Galaxy Fight Club (GFC) is the first cross-IP, cross-platform (PC & Mobile) PvP fighting game, where holders of different NFT collections can battle with each other to both win and earn rewards through play-to-earn mechanics. It has a fast-paced MOBA gameplay that is mobile-native and similar to Brawl Stars. Each 3v3 match is around 5 minutes long and the team that gets 20 kills first wins the match.
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.
