MEXC Exchange Will List Router Protocol (ROUTE) and Launch a Session of “MX DeFi”

MEXC Exchange will list Router Protocol (ROUTE) in the Innovation Zone and open trading for ROUTE/USDT trading pair. The specific timeline is as shown below:

1. Deposit & Withdrawal: Opened
2. ROUTE/USDT Trading: 2022–02–08 05:00 (UTC)

Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.

To give thanks to the Router Protocol community, the Router Protocol team will launch a session of “MX DeFi’’ to enable mining on ROUTE tokens from February 07 to February 09. Throughout the campaign, users can stake MX and ROUTE to earn liquidity yield on ROUTE. The staking period will last 3 days. Details are as follows:

1. Campaign start time: 2022–02–07 05:00 (UTC)
2. Staking period: 2022–02–07 05:00–2022–02–09 16:00 (UTC)

The total yield pool includes 5,100 ROUTE tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 4,080 ROUTE liquidity yield (80% of the yield pool)

ROUTE: no hard cap; a total of 1,020 ROUTE liquidity yield (20% of the yield pool)

Ways to participate:

a). Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “Stake to mine ROUTE” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ROUTE” 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 ROUTE, the yield supply of T day is 1,360 ROUTE 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) * 1,360 ROUTE = 27.2 ROUTE

Note:

1. Minimum Entry Requirement: 10 MX and 1 ROUTE 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 Info

(This information is provided by the project team. Strictly for references only.)

Project Name: Router Protocol (ROUTE)

Total Supply: 20,000,000 ROUTE

Official Website: https://www.routerprotocol.com

Block Explorer (ERC-20): https://etherscan.io/token/0x16eccfdbb4ee1a85a33f3a9b21175cd7ae753db4

Twitter: https://twitter.com/routerprotocol

Telegram: https://t.me/routerprotocol

Whitepaper

Project Brief Introduction:

Router Protocol is a crosschain-liquidity aggregator platform that was built to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions. The goal is to enable users to swap their assets from different networks seamlessly in a near-instant and low-cost manner

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.