MEXC Exchange Will List GameStar (GMS) and Launch a Session of “MX DeFi”
MEXC Exchange will list GameStar (GMS) in the Innovation Zone and open trading for the GMS/USDT trading pair. The specific timeline is as shown below:
- Deposit: Opened
- GMS/USDT Trading: 2022–03–02 12:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the GMS community, the GameStar team will launch a session of “MX DeFi’’ to enable mining on GMS tokens from March 01 to March 03. Throughout the campaign, users can stake MX and GMS to earn liquidity yield on GMS. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022–03–01 03:00 (UTC)
- Staking period: 2022–03–01 03:00–2022–03–03 16:00 (UTC)
The total yield pool includes 15,000,000 GMS tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 12,000,000 GMS liquidity yield (80% of the yield pool)
GMS: no hard cap; a total of 3,000,000 GMS liquidity yield (20% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine GMS” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GMS” 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 GMS, the yield supply of T day is 4,000,000 GMS 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) * 4,000,000 GMS= 80,000 GMS
- Minimum Entry Requirement: 10 MX and 3,900 GMS 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: GameStar (GMS)
Max Supply: 10,000,000,000
Official Website: https://www.gamestar.exchange
Block Explorer (BEP-20): https://bscscan.com/address/0xdae3c2cb0ac034a4a491b112d2922f12427201a6
Project Brief Introduction:
GameStar Exchange is a revolutionary peer to peer trading platform focused on game items, gaming NFTs and gift cards. Traders are incentivised with utility tokens in a play to earn model to participate in the ecosystem by selling more and more of their goods.
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.