MEXC Will Launch the 47th Session of “MX DeFi” — PureSwap (PURE)

2 min readApr 15, 2021

MEXC will launch the 47th session of “MX DeFi” on 14:00 (UTC+8), April 15th, 2021. Details are as below:.

The 47th Session of “MX DeFi” — Stake USDT, ETH, MX, BTC, DOT, KSM & FIL to Earn Yield of PURE

The 47th Session of “MX DeFi” Yield Mining is coming! Users can stake USDT, ETH, MX, BTC, DOT, KSM & FIL to earn liquidity yield of PURE. The staking period will last for 60 days. Details are as follow:

1. Event starting time: 14:00, April 15, 2021 (UTC+8)

2. Staking period: April 15, 2021 — June 15, 2021 (60 days in total)

3. Staking coins and yield allocation:

USDT: no hard cap; a total of 800,000 PURE liquidity yield (10% of the yield pool)

ETH: no hard cap; a total of 1,200,000 PURE liquidity yield (15% of the yield pool)

MX: no hard cap; a total of 800,000 PURE liquidity yield (10% of the yield pool)

BTC: no hard cap; a total of 1,200,000 PURE liquidity yield (15% of the yield pool)

DOT: no hard cap; a total of 1,600,000 PURE liquidity yield (20% of the yield pool)

KSM: no hard cap; a total of 1,200,000 PURE liquidity yield (15% of the yield pool)

FIL: no hard cap; a total of 1,200,000 PURE liquidity yield (15% of the yield pool)

4. Participation method:

MEXC APP > Homepage > “MX DeFi” > find relevant product 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 stake 10,000 MX to earn PURE, the yield supply of T day is 13,333 PURE 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) * 13,333 PURE = 266.66 PURE

Note:

1. Entry standard: 1 USDT, 0.01 ETH, 0.001 BTC, 10 MX, 1 DOT, 0.1 KSM, 1 FIL respectively

2. If users join staking on T day, he/she can unlock the coin on the T+1 day;

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

Project Info

(This information is sourced from the internet. Strictly for references only.)

Project Name: PureSwap (PURE)

Official Website: https://www.pureswap.finance/

Contract Address: https://bscscan.com/address/0x481f0557fb3bb5ee461fd47f287b1ca944ad89bc

Twitter: https://twitter.com/Pureswap1

Telegram: https://t.me/pureswap_cn

Whitepaper: https://pureswap.gitbook.io/introduction/

Project Brief Introduction

PureSwap is a decentralized exchange running on Binance Smart Chain with lots of other features that let you earn and win tokens.

MEXC Will Launch the 47th Session of “MX DeFi” — PureSwap (PURE)

Written by Evelyn Zhang