MEXC Exchange will List Unifty (NIF) and launch “MX DeFi” session

Venus
3 min readDec 6, 2021

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

  1. Deposit & Withdrawal: Opened
  2. NIF/USDT Trading: 2021–12–07 03:00 (UTC)

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

MEXC will launch the “MX DeFi’’ Session to enable mining on NIF tokens from December 6 to December 8. Throughout the campaign, users can stake MX and NIF to earn a liquidity yield on NIF over 3 days. Specific details are as below.

  1. Event starting time: 2021–12–06 10:00 (UTC)
  2. Staking period: 2021–12–06 10:00 (UTC) — 2021–12–08 16:00 (UTC)
  3. Staking tokens and yield allocation:

MX: no hard cap; a total of 392 NIF liquidity yield (70% of the yield pool)

NIF: no hard cap; a total of 168 NIF liquidity yield (30% of the yield pool)

  1. Participation method:

Log in to MEXC website > “MX DeFi” > find relevant product to join

MEXC APP > Homepage > “MX DeFi” > find relevant product to join

  1. 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 stake 10,000 MX to earn NIF, the yield supply of T day is 130 NIF for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, User A can earn a yield of:

(10,000 / 500,000) * 130 NIF = 2.6 NIF

Note:

  1. Entry standard: 10 MX and 0.5 NIF respectively
  2. If users join staking on T day, users can unlock the coin on the T+1 day;
  3. The yield is calculated daily and distributed to the user’s account the next day.

Project Info

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

Project Name: Unifty (NIF)

Total Supply: 5,000,000 NIF

Official Website: http://unifty.com/

Block Explorer (ERC20):

https://etherscan.io/token/0x7e291890b01e5181f7ecc98d79ffbe12ad23df9e

Telegram: https://t.me/unifty

Twitter: https://twitter.com/unifty_com

Discord:https://discord.com/invite/5ZBTgnAd9s

Whitepaper

Project Brief Introduction:

We provide cutting edge tools that power the building of the next generation of DeFi and NFT Legos.

Unifty aims to decouple the creative industries from their traditional ways and merge them with the burgeoning world of DeFi, to bring about a Create2Earn (C2E) universe. A place where every stakeholder is valued for their work and attention.

Our flagship product, Unifty.gallery, is our first glimpse into what is possible when these lego pieces fit together and it personifies our approach in taking NFTs mainstream.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global 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.

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