MEXC Global Exchange Lists Game Ace Token (GAT) and Launch the 73rd Session “MX DeFi”
MEXC Global Exchange lists Game Ace Token (GAT) in the Innovation Zone and open trading for the GAT/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- GAT/USDT Trading: 2021–08–02 09:00 (UTC)
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 73rd Session “MX DeFi” — Stake MX, USDT and TRX to Earn Yield GAT
Together with GAT’s listing, MEXC launches the 73rd “MX DeFi’’ Session to enable mining on GAT tokens from Aug 1 to Aug 4. Throughout the campaign, users can stake MX, USDT and TRX to earn liquidity yield on GAT. The staking period last s4 days. Details are as follows:
1. Campaign start time: 2021–08–01 09:00 (UTC)
2. Staking period: Aug 1 — Aug 4
3. The total yield pool includes 4,600 GAT tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 2,760 GAT liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 920 GAT liquidity yield (20% of the yield pool)
TRX: no hard cap; a total of 920 GAT 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 GAT” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine GAT” 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 GAT, the yield supply of T day is 690 GAT 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) * 690 GAT = 13.8 GAT
1. Minimum Entry Requirement: 10 MX, 1 USDT and 100 TRX 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: Game Ace Token (GAT)
Official Website: https://gat.network/
Total Supply: 1,000,000 GAT
GAT Network is an ecosystem for fully on-chain gaming & trading — with collectible NFTs that are backed by real value.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global Exchange will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platGAT 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.