MEXC Exchange Will List Jenny Token (UJENNY) and Launch the 70th Session “MX DeFi”
MEXC Global will list Jenny Token (UJENNY) in the Innovation Zone and open trading for the UJENNY/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- UJENNY/USDT Trading: 2021–07–22 14:00 (UTC)
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 70th Session “MX DeFi” — Stake MX, USDT and UNIC to Earn Yield UJENNY
Together with UJENNY’s listing, MEXC will launch the 70th “MX DeFi’’ Session to enable mining on UJENNY tokens from July 21 to July 23. Throughout the campaign, users can stake MX, USDT and UNIC to earn liquidity yield on UJENNY. The staking period will last 3 days. Details are as follows:
1. Campaign start time: 2021–07–21 10:00 (UTC)
2. Staking period: July 21 — July 23
3. The total yield pool includes 6,000 UJENNY tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 3,600 UJENNY liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 1,200 UJENNY liquidity yield (20% of the yield pool)
UNIC: no hard cap; a total of 1,200 UJENNY liquidity yield (20% of the yield pool)
4. Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine UJENNY” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine UJENNY” to join
5. 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 UJENNY, the yield supply of T day is 1,200 UJENNY 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) * 1,200 UJENNY = 24 UJENNY
1. Minimum Entry Requirement: 10 MX, 1 USDT and 0.01 UNIC respectively;
2. If a user join staking on day T, he/she can unlock the stake token on day T+1;
3. 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 party. Strictly for references only.)
Project Name: Jenny Token (UJENNY)
Official Website: https://jennynft.io/
Total Supply: 10,000,000 UJENNY
DAO collective that collects the coolest NFTs in the world.
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.
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