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      [Initial Listing] MEXC will List MetaGaming Guild (MGG) and Launch the \"MX DeFi\" Session

      Dear users,

      MEXC will list MetaGaming Guild (MGG) in the Innovation Zone and open trading for the MGG/USDT trading pair. The specific timeline is shown below:

      • Deposit & Withdrawal: 2022-02-09 13:00 (UTC)
      • MGG/USDT Trading: 2022-02-10 13:00 (UTC)

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

      "MX DeFi" - Stake MX and MGG to Earn Yield of MGG

      Users can stake their MX and MGG to earn a liquidity yield of MGG over 3 days. Specific details are as below. 

      1. Event starting time: 2022-02-10 13:00 (UTC)
      2. Staking period: 2022-02-10 13:00 - 2022-02-12 16:00 (UTC)
      3. Staking tokens and yield allocation:

                   MX: no hard cap; a total of  136,000 MGG liquidity yield (80% of the yield pool)

                  MGG: no hard cap; a total of  34,000 MGG liquidity yield (20% of the yield pool)

      1. Participation method:

      Web: Log in to the MEXC official website – Find “Earn” on the Navigation Bar – Click "MX DeFi" to enter the event page — Select "Staking" 

      APP: Find  "MX DeFi" on the homepage to enter the event page – Select "Staking” 

      1. 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 stake 10,000 MX to earn MGG, the yield supply of T day is 45,333 MGG for MX pool, and the total staking value of T day (snapshot taking on T 1 day) is 500,000 MX, User A can earn a yield of :

      (10,000 / 500,000) * 45,333 MGG = 906 MGG

      Note:

      1. Entry standard: 10 MX, 50 MGG 
      2. If users join staking on T day, users can unlock the coin on the T 1 day;
      3. The yield is calculated daily and distributed to the user's account the next day.

      Project Info 

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

      Project Name: MetaGaming Guild (MGG) 

      Total Supply: 1,000,000,000 MGG 

      Official Website: https://www.metagg.com/

      Block Explorer:

      (BEP-20) https://bscscan.com/address/0x6125adcab2f171bc70cfe2caecfec5509273a86a

      (ERC-20)https://etherscan.io/address/0x7237C0B30B1355f1B76355582f182F6f04B08740

      Twitter: https://twitter.com/MetaGamingGuild

      Telegram: https://t.me/MetaGamingGuild

      Discord: https://discord.gg/henwJEEtB4

      Medium: https://medium.com/@support_62719

      Whitepaper

      Project Brief Introduction: 

      MetaGaming Guild (MGG) is one of the world’s fastest growing GameFi guilds who’s on a mission to make game finance fairer for the masses. MGG buys the best Non-Fungible Tokens (NFTs) from gaming startups and rents them out to a community of players through the scholarship program. With this, MGG scholars can access games without upfront costs, access early stage game tokens like VCs, and deploy their NFTs to automated yield.

      Risk Warning

      Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make 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.

      Find us on:

      Medium: https://medium.com/mexcglobal

      Telegram: https://t.me/MEXCEnglish

      MEXC trading: https://t.me/MEXCTradeofficial

      Twitter: https://twitter.com/MEXC_Global

      https://twitter.com/MEXC_Fans

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

      Discord: https://discord.gg/zu5drS8

      Instagram: https://www.instagram.com/mexcglobal/

      Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite

      Buy USDT Instantly here: https://otc.mexc.com/

      Enjoy trading on MEXC.

      The MEXC Team

      7 February 2022

      Read the original article at mexc

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