MEXC Exchange will List Starchi (ELIXIR) and launch “MX DeFi”
MEXC will list Starchi (ELIXIR) in the Innovation Zone and open trading for the ELIXIR/USDT trading pair. The specific timeline is as shown below:
- Deposit & Withdrawal: Opened
- ELIXIR/USDT Trading: 2021–12–1 14:00 (UTC)
Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
To give thanks to the ELIXIR community, MEXC will launch the “MX DeFi’’ Session to enable mining on ELIXIR tokens from November 30 to December 2. Throughout the campaign, users can stake MX and BIT to earn liquidity yield on ELIXIR. The staking period will last 3 days. Details are as follows:
- Campaign start time: 2021–11–30 03:00 (UTC)
- Staking period: 2021–11–30 03:00–2021–12–2 16:00 (UTC)
The total yield pool includes 58,000 ELIXIR tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 34,800 ELIXIR liquidity yield (60% of the yield pool)
BIT: no hard cap; a total of 23,200 ELIXIR liquidity yield (40% of the yield pool)
Ways to participate:
a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine ELIXIR” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine ELIXIR” 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 ELIXIR, the yield supply of T day is 11,600 ELIXIR 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) * 11,600 ELIXIR = 232 ELIXIR
- Minimum Entry Requirement: 10 MX and 5 BIT 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: Starchi (ELIXIR)
Total Supply: 100,000,000
Official Website: https://starchi.gg/
Block Explorer (BEP20 & Polygon): https://bscscan.com/token/0x9663677b81c2d427e81c01ef7315ea96546f5bb1
Project Brief Introduction:
The World of Starchi is overrun with greed, strife, misery, hunger and indifference. Humanity has lost its way and has forgotten its purpose, but most of all, it has forgotten that it alone does not inhabit the Earth. A darkness has spread across the planet, invisible to all but a species of never before seen creatures, called Starchi. Having dwelled within the Earth, and having survived on the energy of the Sun, the Starchi have now come out in search of new energy, for the Sun no longer shines upon their homes.
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.