MEXC Exchange Will List DragonVein (DVC) and Launch the 64th Session "MX DeFi"

 MEXC will list DragonVein (DVC) in the Innovation Zone and open trading for the DVC/USDT trading pair. The specific timeline is shown below.

  1. Deposit & Withdrawal: Opened

  2. DVC/USDT Trading: 05:00 , June 18, 2021 (UTC)






Note:

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

The 64th Session "MX DeFi" - Stake MX, TRX and USDT to Earn Yield DVC

Together with DVC's listing, MEXC will launch the 64th "MX DeFi" Session to enable mining on DVC tokens from Jun 17 to Jun 20. Throughout the campaign, users can stake MX, TRX, and USDT to earn liquidity yield on DVC. The staking period will last 4 days. Details are as follows:

1. Campaign start time: 08:00, June 17, 2021 (UTC)

2. Staking period: June 17 to June 20

3. The total yield pool includes 650,000 DVC tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 390,000 DVC liquidity yield (60% of the yield pool)

USDT: no hard cap; a total of 130,000 DVC liquidity yield (20% of the yield pool)

TRX: no hard cap; a total of 130,000 DVC liquidity yield (20% of the yield pool)

4. Ways to participate:

a). Through MXC.com: Login into MXC.com > select “MX DeFi”> find “Stake to mine DVC” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine DVC” to join

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 stakes 10,000 MX to earn DVC, the yield supply of T day is 97,500 DVC for MX pool, and the total staking value of T day (snapshot taking on T+1 day) is 500,000 MX, then, User A can earn a yield of:

(10,000 / 500,000) * 97,500 DVC = 1,950 DVC

Note:

  1. Minimum Entry Requirement: 1 USDT, 10 MX, and 100 TRX respectively respectively;

  2. If a user join staking on day T, he/she can unlock the stake token on day T+1;

  3. The yield is calculated daily, and will be distributed to the user's account on the next day.

Project Details

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

Project Name: DragonVein (DVC)

Official Website: http://www.dragonvein.io/

Block explorer: https://etherscan.io/token/0x00d46727c2e4a6e358a8c0d638137a3d91b19be6

Total Supply: 10,000,000,000 DVC

Twitter: https://twitter.com/dragonveinchain

Telegram: https://t.me/dragonveinchat

Medium: https://dragonvein.medium.com/

Whitepaper Link: http://cdn.dragonvein.io/DragonVeinWhitepaper.v2.0.0en.pdf

Brief Introduction: 

As a unified currency of the Dragon Vein, DVC can be used to trade, rent and purchase content within the ecosystems, as well as customize your favorite content. DVC can be used to complete the distribution and promotion of VR content, intellectual property trading, intellectual property ownership confirmation, equipment trading, etc. It can also be used to access and purchase its own NFT, distributed storage streaming service platform, and educational content.

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses.

Comments

Post a Comment

Popular posts from this blog

MEXC Global Exchange will enable HurricaneSwap (HCT) C2C PUSH trading

Image
MEXC Global Exchange will enable HurricaneSwap (HCT) C2C PUSH trading with a trading fee rate of 1%.  [HCT C2C PUSH Trading Information] HCT C2C PUSH Trading Opening Time:  2021-09-28 04:30 (UTC) How to participate: 1. Web: Find "PUSH" in the tab of "Trade" 2. APP: Find "Push" in the middle of the homepage   [HCT Listing Information] 1. MEXC will list HCT in the Innovation Zone: HCT/USDT trading opening time:  2021-10-10 14:00 (UTC) 2. The token sale amount on M-Day does not represent the circulating supply of HCT after it launches. In order to improve liquidity, the project party will deposit a certain amount of USDT and HCT for liquidity management.   Project Information (The information is provided by the project party, it is for reference only.) Project Name: HurricaneSwap (HCT) Official Website:  https://hurricaneswap.com/   (Testnet currently, estimated time of mainnet launch: Oct. 10th) Total Supply: 2,000,000,000 HCT Blockchain Explorer:  ...
Read more

FLR Token vs. XRP, XLM, HBAR, and EOS: A Comparative Analysis of Most Scalable Cryptocurrencies

FLR Token: An Overview  Flare Network, a decentralized platform for smart contracts, has recently introduced its primary token, FLR (Flare Token), formerly known as Spark. The FLR token has a variety of use cases, including staking in validator nodes, payment of transaction fees, voting, and preventing spam attacks, among others. This article will provide an overview of the FLR token and its distribution event. Token Distribution Initially scheduled for 2020, the token distribution event was delayed due to the Ripple court case. However, on January 9, 2023, Flare Network held the first airdrop of FLR tokens. Eligible XRP holders received 4.28 billion FLR tokens via centralized exchanges such as Binance, Kraken, Kucoin, and OKX. This airdrop represented 15% of the total tokens allocated to the community. The remaining 85% of the tokens will be distributed based on the vote of current holders who are expected to wrap their FLR tokens. This voting mechanism will enable holders to deci...
Read more

What exactly is Aston Villa Fan Token(AVL)?

Image
  Aston Villa Football Club’s official token is the Aston Villa Fan Token (AVL). It is a utility token that grants fans a tokenized share of club influence. What is Aston Villa Fan Token (AVL) How Does It Function? Aston Villa FC is a professional football club based in Birmingham, England, for those who aren’t football fans. Their journey began in 1874, and they have been performing in Villa Park since 1879. Aston Villa was also one of England’s oldest clubs. They were among the first to join the Football League in 1888 and the Premier League in 1992. They are currently competing in the Premier League, having won 5 champion titles and numerous victory cups. So, what exactly are fan tokens? Essentially, fan tokens are utility tokens that provide numerous benefits. As an AVL fan token holder, you can voice your opinions and demonstrate your enthusiasm. Token holders will be able to vote on things like jersey designs and club room layouts. Holders can also vote on the starting XI, te...
Read more