MEXC Exchange Will List RankerDAO (RANKER) and Launch a Session of “MX DeFi”
MEXC Global Exchange will list RankerDAO (RANKER) in the Innovation Zone and open trading for the RANKER/USDT trading pair. The specific timeline is as shown below:
- Deposit: Opened
- RANKER/USDT Trading: 2022–02–24 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 RANKER community, the RankerDAO team will launch a session of “MX DeFi’’ to enable mining on RANKER tokens from February 23 to February 25. Throughout the campaign, users can stake MX and RANKER to earn liquidity yield on RANKER. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2022–02–23 04:00 (UTC)
- Staking period: 2022–02–23 04:00–2022–02–25 16:00 (UTC)
The total yield pool includes 200,000 RANKER tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 160,000 RANKER liquidity yield (80% of the yield pool)
RANKER: no hard cap; a total of 40,000 RANKER 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 RANKER” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine RANKER” 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 RANKER, the yield supply of T day is 53,333 RANKER 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) * 53,333 RANKER= 1,066 RANKER
- Minimum Entry Requirement: 10 MX and 10 RANKER 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: RankerDAO (RANKER)
Total Supply: 300,000,000
Official Website: https://rankerdao.com/
Block Explorer (BEP-20, ERC-20):
Project Brief Introduction:
RankerDAO, a Decentralized Autonomous Organization(DAO) that empowers crypto adopters to gain access to the biggest trend of blockchain-based activities from various verticals.
Within the DAO, we have Guild of Gamers who congregate around our gaming sub-guild and get the full benefits of their membership of the guild through innovative concepts taken through the emergent Social-Fi ecosystem.
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.