MEXC Exchange will List Amplify Protocol (AMPT) and Launch the “MX DeFi” Session
MEXC Exchange will list Amplify Protocol (AMPT) in the Innovation Zone and open trading for the AMPT/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- AMPT/USDT Trading: 2022–03–03 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The Amplify Protocol (AMPT) team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 38,400 AMPT up for grabs!
“MX DeFi” — Stake MX and AMPT to Earn Yield of AMPT
Users can stake their MX and AMPT to earn a liquidity yield of AMPT over 3 days. Specific details are as below.
- Event starting time: 2022–03–03 12:00 (UTC)
- Staking period: 2022–03–03 12:00–2022–03–05 16:00 (UTC)
- Staking tokens and yield allocation:
MX: no hard cap; a total of 30,720 AMPT liquidity yield (80% of the yield pool)
AMPT: no hard cap; a total of 7,680 AMPT liquidity yield (20% of the yield pool)
- Participation method:
Web: Log in to the MEXC official website — Find “Earn” on the Navigation Bar — Click “MX DeFi” to enter the event page — Select “Staking Now”
APP: Find “MX DeFi” on the homepage to enter the event page — Select “Staking Now”
- 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 AMPT, the yield supply of T day is 10,240 AMPT for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:
(10,000 / 500,000) * 10,240 AMPT = 204.8 AMPT
- Entry standard: 10 MX, 10 AMPT
- If users join staking on T day, users can unlock the coin on the T+1 day;
- The yield is calculated daily and distributed to the user’s account the next day.
(This information is provided by the project team. Strictly for references only.)
Project Name: Amplify Protocol (AMPT)
Total Supply: 100,000,000 AMPT
Official Website: www.ampt.finance
Project Brief Introduction:
Amplify Mission is to provide SMEs with a sustainable alternative financing method by involving digital assets investors.Amplify believes that through Decentralized Finance (DeFi) we can forge a win-win B2B2C relationship between SMEs and community investors, achieving the needs of all parties and building a sustainable and efficient economy.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global 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.