[Initial Listing] MEXC will List Round X (RNDX) and Launch the \"MX DeFi\" Session

Dear users,

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

Deposit & Withdrawal: Opened
RNDX/USDT Trading: 2022-05-27 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 Round X community, the Round X team will launch a session of "MX DeFi'' to enable mining on RNDX tokens from May 27 to May 29. Throughout the campaign, users can stake MX and RNDX to earn liquidity yield on RNDX. The staking period will last 3 days. Details are as follows:

Campaign start time: 2022-05-27 10:00 (UTC)
Staking period: 2022-05-27 10:00 - 2022-05-29 16:00 (UTC)

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

MX: no hard cap; a total of 2,400,000 RNDX liquidity yield (80% of the yield pool)
RNDX: no hard cap; a total of 600,000 RNDX 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 RNDX” to join
Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine RNDX” 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 RNDX, the yield supply of T day is 800,000 RNDX 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) * 800,000 RNDX = 16,000 RNDX

Note:

Minimum Entry Requirement: 10 MX and 500 RNDX 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: Round X (RNDX)

Total Supply: 20,000,000,000 RNDX

Official Website: www.round-x.com

Block Explorer (KIP-7): https://scope.klaytn.com/token/0xff1bf7a212012ee903fbb5a3adb4a9a31f371ef7?tabId=tokenTransfer

Telegram: https://t.me/roundx_global

Twitter: https://twitter.com/RoundX_RNDX

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

Whitepaper

Project Brief Introduction:

RNDX will be functioning as the right to speak out not just a currency on the platform. If a user with a certain amount of RNDX wants to set a vote for a suggestion of a new service, user competition in a specific sector, or even other ideas, the user can suggest a vote within a qualified user group for DAO. The qualification standard will be set by the team at the first stage, but it can be adjusted by DAO's operation later.

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:

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Telegram: https://t.me/MEXCEnglish

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Twitter: https://twitter.com/MEXC_Global

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