MEXC Exchange Will List Alpha Quark Token (AQT) and Launch a Session of “MX DeFi”
MEXC Exchange will list Alpha Quark Token (AQT) in the Innovation Zone and open trading for AQT/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- AQT/USDT Trading: 2022–02–10 06:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the Alpha Quark Token community, the Alpha Quark Token team will launch a session of “MX DeFi’’ to enable mining on AQT tokens from February 10 to February 12. Throughout the campaign, users can stake MX and AQT to earn liquidity yield on AQT. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022–02–10 06:00 (UTC)
- Staking period: 2022–02–10 06:00–2022–02–12 16:00 (UTC)
The total yield pool includes 7,488 AQT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 5,990 AQT liquidity yield (80% of the yield pool)
AQT: no hard cap; a total of 1,498 AQT 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 AQT” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine AQT” 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 AQT, the yield supply of T day is 1,996.67 AQT 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) * 1,996.67 AQT= 39.93 AQT
- Minimum Entry Requirement: 10 MX and 2 AQT 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.
(This information is provided by the project team. Strictly for references only.)
Project Name: Alpha Quark Token (AQT)
Total Supply: 30,000,000 AQT
Official Website: https://alphaquark.io/
Block Explorer: ERC-20
Project Brief Introduction:
Alpha Quark is a blockchain project which deals with intellectual property based NFT(Non-Fungible Token) and metaverse. Alpha Quark provides a new service where users can mint, promote, and trade valuable NFT items related to intellectual properties such as music copyright, music master right, webtoon copyright, movie copyright by liquidating the intellectual property asset class and generate a new market where users can easily have accesses to valuable digital asset. Alpha Quark will provide metaverse experience for users and marketplace service so that Alpha Quark token can be used as utility token.
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.