Voting Result and Listing Arrangement for Kickstarter - Gera Coin (GERA), MX Defi is Launching!

Dear users,

The session of Kickstarter for Gera Coin (GERA) has concluded. Users have contributed a total of 10,567,443.75046434 MX to vote for GERA listing on MEXC! 

Airdrop rewards have been distributed to users' accounts. 

[GERA Listing Information] 

1. Deposit & Withdrawal: Opened
2. GERA/USDT Trading in the Innovation Zone: 2022-04-17 13:00 (UTC)

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

Thank you for participating! 

For more information regarding the Kickstarter event and project introduction of GERA, please refer to: [Initial Listing] MEXC Kickstarter - Vote to Win Free 70,000 Gera Coin (GERA) Airdrops!

MEXC Exclusive: Gera Coin (GERA) MX Defi is Launching!

Dear users,

Exciting News! The Gera Coin team will host MX Defi Yield Mining activity exclusively for MEXC users. There will be a total of 72,400 GERA up for grabs!

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

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

1. Event starting time: 2022-04-17 13:00 (UTC)
2. Staking period: 2022-04-17 13:00 - 2022-04-19 16:00 (UTC)
3. Staking tokens and yield allocation:

MX: no hard cap; a total of  57,920  GERA liquidity yield (80% of the yield pool)

GERA: no hard cap; a total of 14,480 GERA liquidity yield (20% of the yield pool)

4. 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” 

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 stake 10,000 MX to earn GERA, the yield supply of T day is 19,306.67 GERA 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) * 19,306.67 GERA = 386.13 GERA

Note:

1. Entry standard: 10 MX, 30 GERA
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.

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.

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The MEXC Team

17 April 2022