MEXC Will List DragonVein (DVC) and Launch the 64th Session \"MX DeFi\"

Dear users:

MEXC will list DragonVein (DVC) in the Innovation Zone and open trading for the DVC/USDT trading pair. The specific timeline is shown below.

1. Deposit & Withdrawal: Opened
2. DVC/USDT Trading: 05:00 , June 18, 2021 (UTC)

Note:

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

The 64th Session "MX DeFi" - Stake MX, TRX and USDT to Earn Yield DVC

Together with DVC's listing, MEXC will launch the 64th "MX DeFi" Session to enable mining on DVC tokens from Jun 17 to Jun 20. Throughout the campaign, users can stake MX, TRX, and USDT to earn liquidity yield on DVC. The staking period will last 4 days. Details are as follows:

1. Campaign start time: 08:00, June 17, 2021 (UTC)

2. Staking period: June 17 to June 20

3. The total yield pool includes 650,000 DVC tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 390,000 DVC liquidity yield (60% of the yield pool)

USDT: no hard cap; a total of 130,000 DVC liquidity yield (20% of the yield pool)

TRX: no hard cap; a total of 130,000 DVC liquidity yield (20% of the yield pool)

4. Ways to participate:

a). Through MEXC.com: Login into MXC.com > select “MX DeFi”> find “Stake to mine DVC” to join

b). Through MEXC App: Login through MXC App’s homepage > find “MX DeFi” > find “Stake to mine DVC” 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 DVC, the yield supply of T day is 97,500 DVC 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) * 97,500 DVC = 1,950 DVC

Note:

1. Minimum Entry Requirement: 1 USDT, 10 MX, and 100 TRX 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.

Project Details

(This information is provided by the project party. Strictly for references only.)

Project Name: DragonVein (DVC)

Official Website: http://www.dragonvein.io/

Block explorer: https://etherscan.io/token/0x00d46727c2e4a6e358a8c0d638137a3d91b19be6

Total Supply: 10,000,000,000 DVC

Twitter: https://twitter.com/dragonveinchain

Telegram: https://t.me/dragonveinchat

Medium: https://dragonvein.medium.com/

Whitepaper Link: http://cdn.dragonvein.io/DragonVeinWhitepaper.v2.0.0en.pdf

Brief Introduction: 

As a unified currency of the Dragon Vein, DVC can be used to trade, rent and purchase content within the ecosystems, as well as customize your favorite content. DVC can be used to complete the distribution and promotion of VR content, intellectual property trading, intellectual property ownership confirmation, equipment trading, etc. It can also be used to access and purchase its own NFT, distributed storage streaming service platform, and educational content.

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.

Find us on:

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Facebook: https://www.facebook.com/mexcglobal 

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Enjoy trading on MEXC.

The MEXC team

Jun 17, 2021