May 18, 2021
MXC Exchange Will List OccamFi (OCC) and Launch the 56th Session “MX DeFi”
MXC Exchange will list OCC (OCC) in the Innovation Zone and open trading for the OCC/USDT trading pair at 19:00 (UTC+8), May 19th. And MXC will launch the 56th session “MX DeFi’’ on May 18th.
The 56th Session “MX DeFi” — Stake MX and USDT to Earn Yield OCC
Together with OCC’s listing, MXC will launch the 56th “MX DeFi” Session to enable mining on OCC tokens from May 19th to May 22nd. Throughout the campaign, users can stake MX and USDT to earn liquidity yield on OCC. The staking period will last 4 days. Details as follows:
1. Campaign start time: 10:00 (UTC+8) May 19th
2. Staking period: May 19th to May 22nd
3. The total yield pool includes 1,300 OCC tokens. Hard cap and allocation details to each staking crypto asset are as follows:
MX: no hard cap; a total of 910 OCC liquidity yield (70% of the yield pool)
USDT: no hard cap; a total of 390 OCC liquidity yield (30% of the yield pool)
4. Ways to participate:
a). Through MXC.com: Login into MXC.com > select “MX DeFi” > in the Launchpool, find “Stake to mine OCC” to join
b). Through MXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine OCC” 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 OCC, the yield supply of T day is 227.5 OCC 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) * 227.5 OCC = 4.55 OCC
Note:
1. Minimum Entry Requirement: 1 USDT and 10 MX respectively 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.
OccamFi (OCC) Will be Listed in Innovation Zone
- Deposit & Withdrawal: Opened
- OCC/USDT Trading: 19:00 (UTC+8), May 19th
Note:
The price may move greatly for projects in the Innovation Zone, please be cautious of the risks.
Project Details
(This information is provided by the project party. Strictly for references only.)
Project Name: OccamFi (OCC)
Official Website: https://occam.fi/
Block Explorer: https://etherscan.io/token/0x2f109021afe75b949429fe30523ee7c0d5b27207
Total Supply: 100,000,000 OCC
Twitter: https://twitter.com/OccamFi
Telegram: https://t.me/occamfi
Reddit: https://reddit.com/r/OccamFi
Whitepaper Link : https://occam.fi/docs/occamrazer_wp_v1.pdf
Brief Introduction:
Occam.fi is a suite of DeFi solutions tailored for Cardano. Designed to deliver market leading launchpad capabilities, DEX tools, and liquidity pools, Occam.fi is the first and most significant addition to Cardano’s rapidly expanding DeFi landscape.
Risk Warning
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses.
