MEXC Exchange Will List Galactic Arena (GAN) and Launch the 92nd Session “MX DeFi”
MEXC will list Galactic Arena (GAN) in the Innovation Zone and open trading for the GAN/USDT trading pair. The specific timeline is shown below.
1. Deposit & Withdrawal: Opened
2. GAN/USDT Trading: 2021–11–08 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 92nd Session “MX DeFi” — Stake MX and BIT to Earn Yield GAN
Together with GAN’s listing, MEXC will launch the 92nd “MX DeFi’’ Session to enable mining on GAN tokens from Nov 8 to Nov 11. Throughout the campaign, users can stake MX and BIT to earn liquidity yield on BIT. The staking period will last 4 days. Details are as follows:
- Campaign start time: 2021–11–08 12:00 (UTC)
- Staking period: 2021–11–08 12:00–2021–11–11 16:00 (UTC)
The total yield pool includes 650,000 GAN tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 455,000 GAN liquidity yield (70% of the yield pool)
BIT: no hard cap; a total of 195,000 GAN liquidity yield (30% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine GAN” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GAN” 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 GAN, the yield supply of T day is 113,750 GAN 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) * 113,750 GAN = 2275GAN
Note:
1. Minimum Entry Requirement: 10 MX and 5 BIT respectively;
2. If a user joins staking on day T, he/she can unlock the staking token on day T+1;
3. The yield is calculated daily and will be distributed to the user’s account on the next day.
Project Details
(This information is provided by the project party. Strictly for references only.)
Project Name: Galactic Arena (GAN)
Official Website: https://galacticarena.io
Total Supply: 550,000,000 GAN
Block Explorer (BEP20): https://bscscan.com/address/0x8f1408171eae06aec4549fd0a5808a42cee6dd84
Twitter: https://twitter.com/GANFTverseBSC
Telegram : https://t.me/theNFTverse
Brief Introduction:
Galactic Arena: The NFTverse will unleash the earning potential of GAMING NFTs for their owners by creating a ‘GALACTIC ARENA’ where players can import their assets into our ecosystem and fully interact as a native user, with the ability to upgrade and battle! All while still retaining ownership of their NFTs.
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.
