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mexcexchangenews · 3 years ago

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MEXC Exchange Will List Vita Inu (VINU) and Launch a Session of “MX DeFi”

MEXC Exchange will list Vita Inu (VINU) in the Innovation Zone and open trading for VINU/USDT trading pair. The specific timeline is as shown below:

Deposit & Withdrawal: Opened

VINU/USDT Trading: 2022-03-31 03:00 (UTC)

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

To give thanks to the Vita Inu community, the Vita Inu team will launch a session of "MX DeFi'' to enable mining on VINU tokens from March 30th to April 2nd. Throughout the campaign, users can stake MX and VINU to earn liquidity yield on VINU. The staking period will last 4 days. Details are as follows:

Campaign start time: 2022-03-30 03:00 (UTC)

Staking period: 2022-03-30 03:00 - 2022-04-02 16:00 (UTC)

The total yield pool includes 4,000,000,000,000 VINU tokens. Hard cap and allocation details to each staking crypto asset are as follows:

MX: no hard cap; a total of 3,200,000,000,000 VINU liquidity yield (80% of the yield pool)

VINU: no hard cap; a total of 800,000,000,000 VINU liquidity yield (20% of the yield pool)

Ways to participate:

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

b). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Stake to mine VINU” 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 VINU, the yield supply of T day is 800,000,000,000 VINU 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) * 800,000,000,000 VINU = 16,000,000,000 VINU

Note:

Minimum Entry Requirement: 10 MX and 500,000,000 VINU 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: Vita Inu (VINU)

Total Supply: 1,000,000,000,000,000 VINU

Official Website: https://vitainu.org/

Block Explorer (BEP-20):

https://bscscan.com/token/0xfEbe8C1eD424DbF688551D4E2267e7A53698F0aa

Twitter: https://twitter.com/VitaInuCoin

Telegram: https://www.t.me/VitaInu

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

Discord: https://discord.com/invite/m7JxNcSt7e

Whitepaper

Project Brief Introduction:

Vita Inu (VINU) is the governance token of the VINU Ecosystem and is native to the Vite DAG chain. VINU is the world’s first fast, feeless (and cheeky) dog-themed coin with high TPS and smart contracts.

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.

#mexc global #cryptocurrency #crypto exchange

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