MXC Listed TOWER and Launched the 43rd Session “MX DeFi”

Venus
3 min readMar 29, 2021

MXC listed TOWER on Innovation Zone and opened trading for TOWER/USDT trading pair at 15:00 (UTC+8), March 31st, 2021. MXC launched the 43rd session “MX DeFi” on March 29th and it would last 4 days until April 1st.

The details are as follows:

The 43rd Session “MX DeFi” — Stake USDT, MX, BTC, ETH to Earn Yield TOWER

Together with TOWER’s listing, MXC launched the 43rd “MX DeFi” Session to enable mining on TOWER tokens from March 29th to April 1st. Throughout the campaign, users can stake USDT, MX, BTC or ETH to earn liquidity yield on TOWER. The staking period would last 4 days.

Campaign start time: 15:00, March 29th (UTC+8)

Staking period: March 29th to April 1st (4 days in total)

The total yield pool includes 250,000 TOWER tokens. Hard cap and allocation details to each staking crypto asset are as follows:

a). USDT: no hard cap; a total of 75,000 TOWER liquidity yield (30% of the yield pool)

b). MX: no hard cap; a total of 50,000 TOWER liquidity yield (20% of the yield pool)

c). BTC: no hard cap; a total of 50,000 TOWER liquidity yield (20% of the yield pool)

d). ETH: no hard cap; a total of 75,000 TOWER liquidity yield (30% of the yield pool)

Ways to participate:

a). Through MXC.com: Login into MXC.com > select “MX DeFi” > in the Launchpool, find “Stake to mine TOWER” to join

b). Through MXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine TOWER” to join

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 TOWER, the yield supply of T day is 12,500 TOWER 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) * 12,500 TOWER = 250 TOWER

Note:

1. Minimum Entry Requirement: 1 USDT, 0.001 BTC, 10 MX, 0.01 ETH 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.

TOWER Will be Listed on Innovation Zone

1. Deposit & Withdrawal: opened

2. TOWER/USDT Trading: 15:00 (UTC+8), Mar 31

Note:

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

Project Details

(The information is provided by the project party. It is for reference only.)

Project Name: TOWER

Official Website: https://crazydefenseheroes.com/

Block explorer: https://etherscan.io/address/0x1c9922314ed1415c95b9fd453c3818fd41867d0b

Total Supply: 10,000,000,000 TOWER

Twitter: https://twitter.com/TowerToken

Telegram: https://t.me/TowerToken

Brief Introduction:

The TOWER token is an exciting project that combines Free-to-Play with Play-to-Earn, allowing you to earn TOWER simply by playing the F2P games Crazy Kings (iOS) and Crazy Defense Heroes (Android and iOS).

TOWER is a ERC-20 fungible utility token for the Crazy Kings game franchise: Crazy Kings, Crazy Defense Heroes, and soon an upcoming blockchain game. TOWER is an initiative by Animoca Brands that aims to maintain balance and equitability in traditional Free-to-Play games while introducing several benefits of blockchain such as NFTs, DeFi, and governance.

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.

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