MEXC Has Introduced the stETH DeFi Staking Program

[Venus1100]

MEXC has officially launched stETH DeFi Staking program. Deposit and stake your stETH to enjoy up to 6.8% APY.

Product	Token	Min stake period	Est. APY	Min stake amount
DeFi Staking	stETH	1 day, flexible	6.8%	0.001

• Staking format: First-come, first-served basis.
• Yield payout time: On a daily basis.
• Redemption rules: Users can unstake and redeem anytime after reaching the minimum stake period.

The following staking products are also available：

Product	Token	Min stake period	Est. APY	Min stake amount
DeFi Staking	USDC	1 day, flexible	8%	1
DeFi Staking	USDT	1 day, flexible	2.80%	1
DeFi Staking	BTC	1 day, flexible	1.68%	0.0001
DeFi Staking	ETH	1 day, flexible	2.08%	0.001

Ways to participate:

a). Website：https://www.mexc.com/mx-defi > find “DeFi Staking” to join

b). Through MEXC.com: Login into MEXC.com > select “Earn” > “MX DeFi” > find “DeFi Staking” to join or Login into MEXC.com > Wallet > Spot Account > search “stETH” > “Earn”

c). Through MEXC App: Login through MEXC App’s homepage > find “MX DeFi” > find “Staking” to join




Daily yield calculation (daily):

User’s daily yield = User’s staking amount * APY / 365

For example: Suppose user A stakes 10,000 USDT, and APY is 5%, then, User A can get a daily yield of:

10,000 * 5% / 365 ≈ 1.37 USDT



Note:

MEXC Global reserves the final right to amend or change or cancel this announcement without prior notice.