MEXC Exchange Will List Jenny Token (UJENNY) and Launch the 70th Session "MX DeFi"

MEXC Exchange will list Jenny Token (UJENNY) in the Innovation Zone and open trading for the UJENNY/USDT trading pair. The specific timeline is shown below.

1. Deposit & Withdrawal: Opened
2. UJENNY/USDT Trading: 2021-07-22 14:00 (UTC)

Note:

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

 

The 70th Session "MX DeFi" - Stake MX, USDT and UNIC to Earn Yield UJENNY

Together with UJENNY's listing, MEXC will launch the 70th "MX DeFi'' Session to enable mining on UJENNY tokens from July 21 to July 23. Throughout the campaign, users can stake MX, USDT and UNIC to earn liquidity yield on UJENNY. The staking period will last 3 days. Details are as follows:

1. Campaign start time: 2021-07-21 10:00 (UTC)

2. Staking period: July 21 - July 23

3. The total yield pool includes 6,000 UJENNY tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 3,600 UJENNY liquidity yield (60% of the yield pool)

USDT: no hard cap; a total of 1,200 UJENNY liquidity yield (20% of the yield pool)

UNIC: no hard cap; a total of 1,200 UJENNY liquidity yield (20% of the yield pool)

4. Ways to participate:

a). Through MEXC.com: Login into MEXC.com > select “Finance” > “MX DeFi” > find “Stake to mine UJENNY” to join

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine UJENNY” 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 UJENNY, the yield supply of T day is 1,200 UJENNY 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) * 1,200 UJENNY = 24 UJENNY

 

Note:

1. Minimum Entry Requirement: 10 MX, 1 USDT and 0.01 UNIC 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: Jenny Token (UJENNY)

Official Website: https://jennynft.io/

Block explorer: https://etherscan.com/token/0xa499648fd0e80fd911972bbeb069e4c20e68bf22

Total Supply: 10,000,000 UJENNY

Twitter: https://twitter.com/JennyMetaverse

Telegram: https://t.me/jennymetaverse

Medium: https://jennymetaverse.medium.com/

Whitepaper: https://github.com/JennyMetaverse/Litepaper/blob/main/JENNY%20Token%20Litepaper.pdf

Brief Introduction:

DAO collective that collects the coolest NFTs in the world.

 

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.

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.