MEXC Global Exchange Will List Cogecoin (COGE) and Launch the 74th Session “MX DeFi”
MEXC will list Cogecoin (COGE) in the Innovation Zone and open trading for the COGE/USDT trading pair. The specific timeline is shown below.
- Deposit & Withdrawal: Opened
- COGE/USDT Trading: 2021–08–05 10:00 (UTC)
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
The 74th Session “MX DeFi” — Stake MX, USDT and TRX to Earn Yield COGE
Together with COGE’s listing, MEXC will launch the 74th “MX DeFi’’ Session to enable mining on COGE tokens from August 4 to August 7. Throughout the campaign, users can stake MX, USDT and TRX to earn liquidity yield on COGE. The staking period will last 4 days. Details are as follows:
1. Campaign start time: 2021–08–04 10:00 (UTC)
2. Staking period: August 4 — August 7
3. The total yield pool includes 15,600,000,000 COGE tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 9,360,000,000 COGE liquidity yield (60% of the yield pool)
USDT: no hard cap; a total of 3,120,000,000 COGE liquidity yield (20% of the yield pool)
TRX: no hard cap; a total of 3,120,000,000 COGE 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 COGE” to join
b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine COGE” 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 COGE, the yield supply of T day is 2,340,000,000 COGE 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) * 2,340,000,000 COGE = 46,800,000 COGE
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: Cogecoin (COGE)
Official Website: https://cogecoin.org/
Current Total Supply: 100,000,000,000,000 COGE
Cogecoin is an open source peer-to-peer cryptocurrency. Our mission is to save underprivileged animals around the world. $COGE will be donated to animal welfare organizations. We hope that all animals in the world can live a happy life. For this to happen, all people must work together with love and compassion. Love to all the lovely animals.
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global Exchange will make the 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.