MEXC will List Hawksight (HAWK) and Launch the \"MX DeFi\" Session

Dear users,

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

• Deposit & Withdrawal: Opened
• HAWK/USDT Trading: 2022-04-21 10:00 (UTC)

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

To give thanks to the Hawksight community, the Hawksight team will launch a session of "MX DeFi'' to enable mining on HAWK tokens from April 21 to April 23. Throughout the campaign, users can stake MX and HAWK to earn liquidity yield on HAWK. The staking period will last 3 days. Details are as follows:

• Campaign start time: 2022-04-21 10:00 (UTC)
• Staking period: 2022-04-21 10:00 - 2022-04-23 16:00 (UTC)

The total yield pool includes 2,500,000 HAWK tokens. Hard cap and allocation details to each staking crypto asset are as follows:

• MX: no hard cap; a total of 2,000,000 HAWK liquidity yield (80% of the yield pool)
• HAWK: no hard cap; a total of 500,000 HAWK liquidity yield (20% of the yield pool)

Ways to participate:

• Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine HAWK” to join
• Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine HAWK” 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 stake 10,000 MX to earn HAWK, the yield supply of T day is 666,667 HAWK 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) * 666,667 HAWK = 13,333 HAWK

Note:

• Minimum Entry Requirement: 10 MX and 400 HAWK respectively;
• If a user joins staking on day T, he/she can unlock the staking token on day T 1;
• The yield is calculated daily and will be distributed to the user's account on the next day.