[Initial Listing]MEXC will List Legends of Mitra (MITA) and Launch the \"MX DeFi\" Session

Dear users,

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

• Deposit & Withdrawal: Opened
• MITA/USDT Trading: 2022-05-05 15:00 (UTC)

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

To give thanks to the MITA community, the project team will launch a session of "MX DeFi'' to enable mining on MITA tokens from May 5 to May 7. Throughout the campaign, users can stake MX and MITA to earn liquidity yield on MITA. The staking period will last 3 days. Details are as follows:

• Campaign start time: 2022-05-05 15:00 (UTC)
• Staking period: 2022-05-05 15:00 - 2022-05-07 16:00 (UTC)

The total yield pool includes 400,000 MITA tokens. Hard cap and allocation details to each staking crypto asset are as follows:

• MX: no hard cap; a total of 320,000 MITA liquidity yield (80% of the yield pool)
• MITA: no hard cap; a total of 80,000 MITA 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 MITA” to join
• Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine MITA” 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 MITA, the yield supply of T day is 106,666 MITA 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) * 333,333.33 MITA = 2,133.32 MITA

Note:

• Minimum Entry Requirement: 10 MX and 220 MITA 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.

Project Info 

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

Project Name: Legends of Mitra (MITA)

Total Supply: 200,000,000 MITA

Official Website: https://legendsofmitra.com

Block Explorer (BEP-20): https://bscscan.com/token/0xC8f456Ae5797BFb754080Ab7338fd2836169d239

Telegram: https://t.me/LegendsOfMitra

Twitter: https://twitter.com/LegendsOfMitra

Discord: https://discord.gg/pSunrqURys

Whitepaper

Project Brief Introduction: 

Legends of Mitra is an NFT merge defense game where you fight with your heroes to defend your Kingdom MITRA from the evil Horde. The stronger your strategy and defense the more rewards you will earn. The game comes with a rich storyline and a great investment opportunity for token holders and players.

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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Enjoy trading on MEXC.

The MEXC Team

4 May 2022