MXC Exchange Announced Supporting PIG’s Token Mechanism
According to the token mechanism of PIG (Pig Finance), 2% of each PIG on-chain deposit will be allocated into MXC’s PIG dividend pool to be directly distributed to PIG holders on MXC. MXC will support this mechanism. The specific re-distribution plan is as follows:
1. MXC will take snapshots of users’ PIG asset holdings at a random time point each day, and distribute dividends based on each individual users’ average PIG holdings across the snapshot period;
2. The PIG dividends will be distributed on a weekly basis after Tuesday, for the previous week’s worth of dividends for each user (the specific time of distribution can be found in the airdrop records: Spot Assets > Deposit and Withdrawal History > Other records);
3. The specific amount of PIG in the dividend pool will be based on the actual amount of PIG tokens received by the platform, MXC does not charge any fees.